Remove Closing costs Remove Design Remove Home sale contingency Remove Sales
article thumbnail

How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. We work with lenders to fix the problem at its root (i.e.,

article thumbnail

Bridge Loans in Atlanta: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Selling your Atlanta home while looking to purchase a new one can be tricky. Lining up the sale of your current home while trying to close the deal on a new one, particularly in a competitive market where inventory is low, may feel impossible. What is a bridge loan, in simple words?

Equity 97
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bridge Loans in Connecticut: How to Unlock Home Equity to Buy Before You Sell

HomeLight

A bridge loan is your short-term financial bridge, designed to help you purchase that new home while your old one is still on the market. You can then make a strong offer on your next home with no home sale contingency. Prep Your Old Home: Move out and prepare your old home for sale at your own pace.

Equity 95
article thumbnail

Bridge Loans in Dallas: How to Unlock Home Equity to Buy Before You Sell

HomeLight

A bridge loan is a short-term financial tool designed to “bridge the gap,” enabling you to purchase a new home before you’ve sold your current residence. You can then make a strong offer on your next home with no home sale contingency. Bridge loans rely on equity in your current home.

Equity 95
article thumbnail

Bridge Loans in San Francisco: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 99
article thumbnail

Bridge Loans in Austin: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Managing the sale of your Austin home while trying to purchase a new one can be difficult. With rising prices in a market where homes are in high demand, timing your sale and purchase can be particularly challenging. You can then make a strong offer on your next home with no home sale contingency.

Equity 94
article thumbnail

Bridge Loans in Indiana: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Discover the Innovative Way to Buy Your Next Home Before Selling Your Current Home Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. You can then make a strong offer on your next home with no home sale contingency.

Equity 105