Housing Wire

FEBRUARY 14, 2024

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.,

Backup offer 421

Backup offer Loan Officer Home sale contingency Branding 421

Housing Wire

JULY 19, 2021

Once this path is determined, the servicer should be involved in assisting homeowners through the plan to exit forbearance, which may include the sale of their home. This new program is designed to connect borrowers with local real estate professionals and guide them through the process of marketing and selling their home.

MLS 421

MLS Equity Closing costs Sales 421

HomeLight

DECEMBER 5, 2023

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. It hands you the cash needed for a down payment and covers those pesky closing costs on your new purchase.

Equity 105

Equity Debt-to-income ratio Loans Home sale contingency 105

HomeLight

NOVEMBER 29, 2023

Balancing the sale of your old home with purchasing a new one in Washington state can be tricky, especially in a market where homes are scarce and prices are high. This short-term financing option is designed to help you bridge the gap, allowing you to buy your new home in Washington state before you’ve sold your current one.

Equity 104

Equity Loans Debt-to-income ratio Home sale contingency 104

HomeLight

DECEMBER 15, 2023

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. You can then make a strong offer on your next home with no home sale contingency. Selling your Atlanta home while looking to purchase a new one can be tricky.

Equity 106

Equity Loans Debt-to-income ratio Home sale contingency 106

HomeLight

NOVEMBER 29, 2023

Designed as a short-term financing solution, a bridge loan enables you to purchase your new Wisconsin home before you’ve sold your current one, easing the transition and keeping you on track toward your real estate goals. You can then make a strong offer on your next home with no home sale contingency.

Equity 103

Equity Loans Debt-to-income ratio Home sale contingency 103

HomeLight

DECEMBER 15, 2023

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 104

Equity Loans Debt-to-income ratio Home sale contingency 104

HomeLight

DECEMBER 29, 2023

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. However, there’s a solution that you may not have considered: a bridge loan.

Equity 105

Equity Loans Debt-to-income ratio Home sale contingency 105

HomeLight

DECEMBER 14, 2023

You can then make a strong offer on your next home with no home sale contingency. This loan provides you with the cash needed for a down payment and to cover the closing costs of your new home. Using your existing home’s equity, a bridge loan covers your new property’s down payment and closing costs.

Equity 107

Equity Loans Debt-to-income ratio Home sale contingency 107

HomeLight

NOVEMBER 29, 2023

You can then make a strong offer on your next home with no home sale contingency. It’s a short-term loan designed to bridge the gap during the transition period of buying a new home while still selling your current one. Only one move is required: Avoid the hassle and cost of moving twice.

Equity 109

Equity Loans Debt-to-income ratio Home sale contingency 109

HomeLight

NOVEMBER 29, 2023

You can then make a strong offer on your next home with no home sale contingency. A bridge loan is a short-term financial solution designed to “bridge the gap” between selling your existing home and purchasing your new one. This is where a bridge loan comes into play.

Equity 107

Equity Loans Debt-to-income ratio Home sale contingency 107

HomeLight

NOVEMBER 29, 2023

A bridge loan is a short-term financing solution designed to bridge the gap, allowing you to purchase your new Hawaiian dream home before you’ve sold your current one. You can then make a strong offer on your next home with no home sale contingency. But what if there was a smoother way to transition?

Equity 103

Equity Loans Debt-to-income ratio Home sale contingency 103

HomeLight

DECEMBER 4, 2023

In a market where inventory is low and prices are high, synchronizing the sale of your current home with purchasing a new one adds an extra layer of complexity. You can then make a strong offer on your next home with no home sale contingency. The financial institution handling your new mortgage will often manage your bridge loan.

Equity 108

Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

NOVEMBER 30, 2023

You can then make a strong offer on your next home with no home sale contingency. In real estate, a bridge loan, also known as a swing or bridging loan, is a short-term financing option designed to help homeowners like you. Home sale contingencies have hindered your offers, and you need more immediate purchasing power.

Equity 109

Equity Loans Debt-to-income ratio Home sale contingency 109

HomeLight

NOVEMBER 30, 2023

This short-term financing option is designed to help you purchase your new home in Maine before selling your old one, easing the transition and aligning the pieces of your real estate journey more smoothly. You can then make a strong offer on your next home with no home sale contingency. What are the drawbacks of a bridge loan?

Equity 107

Equity Loans Debt-to-income ratio Home sale contingency 107

HomeLight

NOVEMBER 29, 2023

You can then make a strong offer on your next home with no home sale contingency. A bridge loan is a short-term loan designed to bridge the gap between buying your new home and selling your existing one. Only one move is required: Avoid the hassle and cost of temporary housing by moving directly into your new home.

Equity 101

Equity Loans Home sale contingency Debt-to-income ratio 101

HomeLight

NOVEMBER 30, 2023

This short-term financing option is designed to bridge the gap, allowing you to purchase your new home in New Jersey before you’ve sold your old one. You can then make a strong offer on your next home with no home sale contingency. This equity provides the necessary funds to pay down and cover closing costs for your new home.

Equity 108

Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

NOVEMBER 3, 2023

Enter the bridge loan — a strategic, short-term financing solution designed to help you purchase that new dream home without waiting for your old one to sell. You can then make a strong offer on your next home with no home sale contingency. But what if there was a smoother pathway? What is a residential bridge loan in Utah?

Equity 111

Equity Loans Debt-to-income ratio Home sale contingency 111

HomeLight

NOVEMBER 30, 2023

You can then make a strong offer on your next home with no home sale contingency. It’s a short-term loan designed to bridge the gap during the transition period of buying a new home while still selling your current one. Only one move is required: Avoid the hassle and cost of moving twice.

Equity 105

Equity Loans Debt-to-income ratio Home sale contingency 105

Lab Coat Agents

MAY 21, 2024

USDA Loans: Designed to promote homeownership in rural areas, USDA loans are assumable and offer competitive interest rates and terms. Reduced Closing Costs: Assuming a mortgage often involves lower closing costs and fees compared to obtaining a new loan, further increasing the savings for buyers.

VA loan 52

VA loan Mortgages Loans FHA loan 52

HomeLight

FEBRUARY 16, 2024

From getting pre-approved for your mortgage to offering flexible closing dates, these strategies are designed to put you in a stronger position. Seller concessions are benefits a buyer asks the seller to provide, which can range from covering closing costs to requesting repairs or improvements before the sale.

Pre-qualification 104

Pre-qualification Seller concession Pre-approval Closing costs 104

Realtor.com

NOVEMBER 9, 2022

When you sell your home, the buyers have to get their own mortgage and you pay yours off in full with proceeds from the sale. Most loans aren’t transferable, and the reason for this is that they have a “due on sale” clause, explains Chris Combs , founder of Combs Law Group.

Mortgages 98

Mortgages VA loan FHA loan Loans 98

Housing Wire

JUNE 13, 2022

In Q1 2022, there were 2,238 active homebuyer assistance programs nationwide — a figure that includes down payment and closing cost programs, Mortgage Credit Certificates and affordable first mortgages — with at least one program available in each of 3,143 U.S. counties and 10 or more programs available in more than 2,000 U.S.

Finance 370

Finance Loans Closing Closing costs 370

HomeLight

NOVEMBER 7, 2023

Enter the bridge loan, a financial tool designed to bridge this very gap. You can then make a strong offer on your next home with no home sale contingency. By tapping into the equity of your unsold home, you can secure the funds needed for the down payment and closing costs of your new abode.

Equity 109

Equity Loans Debt-to-income ratio Home sale contingency 109

HomeLight

OCTOBER 25, 2023

At its core, a bridge loan is a short-term financial solution designed to help you buy your next Arizona home before you’ve sold your current one. In this pinch, they turn to a bridge loan to utilize the equity from their existing home, covering the down payment and closing costs for the new purchase.

Equity 107

Equity Loans Debt-to-income ratio Closing costs 107

Realty Biz

FEBRUARY 28, 2023

HUD homes are designed for owner-occupant buyers, and real estate investors hoping to purchase one of these properties must meet HUD's eligibility requirements. First, you'll need to find the home through HudHomeStore.com or local auctions, where HUD homes are typically listed for sale. They're two different programs.

FHA loan 103

FHA loan Closing costs Loans Investor 103

HomeLight

FEBRUARY 17, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract.

Purchase and sale agreement 86

Purchase and sale agreement Closing costs Closing Sales 86

HomeLight

JANUARY 22, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Oregon? The “cost of living” in a state or city is based on a combination of expenses required to maintain your desired lifestyle.

Home sale contingency 95

Home sale contingency Closing costs Technology Sales 95

HomeLight

JANUARY 30, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in New Mexico? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle.

Home sale contingency 108

Home sale contingency Closing costs Technology Sales 108

HomeLight

JANUARY 25, 2023

Get an all-cash, no-obligation offer through HomeLight’s Simple Sale platform whenever you’re ready. Receive your offer within a week and close in as little as 10 days. They usually present a take-it-or-leave-it sale price. If you accept the offer, you’ll both sign a sales contract.

Purchase and sale agreement 85

Purchase and sale agreement Closing costs Closing Agents 85

Realty Biz

MARCH 16, 2022

Here’s an example of a tweet for a house for sale. Wayne Newton’s Iconic 57,000 total square foot 36 acre Las Vegas ranch is for sale for $25 million. And here is how someone would promote a home for sale on LinkedIn: The above two examples show how you would promote property for sale on most social media networks.

Property Management 74

Property Management Design Closing costs Inspection 74

HomeLight

JANUARY 30, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Vermont? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle.

Home sale contingency 105

Home sale contingency Closing costs Technology Sales 105

CT Homes

DECEMBER 8, 2023

This guide is designed to help you navigate this process with ease, offering you actionable advice and practical steps. Preparing Your Home for Sale Before listing your home, consider making essential repairs and upgrades. Close the Sale : The closing process involves finalizing the sale and transferring the property to the buyer.

Closing costs 78

Closing costs Inspection Closing Staging 78

The Close

APRIL 30, 2024

Take Action Before Reducing the Price Before making a price reduction, real estate agents should ensure there is nothing more they can do to facilitate more showings and a faster sale. Apply Design is an affordable, user-friendly app that allows anyone to stage their listings quickly.

Agents 82

Agents Short sale Staging Sales 82

HomeLight

JANUARY 30, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Maine? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle.

Home sale contingency 100

Home sale contingency Closing costs Technology Sales 100

HomeLight

JANUARY 22, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Maryland? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle.

Home sale contingency 107

Home sale contingency Closing costs Technology Equity 107

HomeLight

JANUARY 22, 2024

You can then make a strong offer on your next home with no home sale contingency. Learn More What makes up the ‘cost of living’ in Wyoming? When you’re planning to live in a new state, the cost of living there will be a combination of expenses required to maintain your desired lifestyle.

Home sale contingency 107

Home sale contingency Closing costs Technology As-is 107