HomeLight

NOVEMBER 30, 2023

Selling your home in Missouri and buying a new one often involves a tricky dance of timing and finances. This becomes particularly challenging in a market where homes are scarce, and prices are high. Enter the bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 106

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

HomeLight

JANUARY 30, 2024

It’s a common dilemma: you must sell to finance your next home, but where do you live? But a potential solution to this buy-sell conundrum is a bridge loan. This short-term financing tool could be the very thing you need to bridge the gap, allowing you to purchase your new Denver home before you’ve sold your old one.

Equity 98

Equity Loans Debt-to-income ratio Home sale contingency 98

HomeLight

DECEMBER 29, 2023

Selling your old home while looking for a new one in Dallas can be difficult, especially when juggling the complex timing and limited finances. However, there’s a solution that you may not have considered: a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 98

Equity Loans Debt-to-income ratio Home sale contingency 98

HomeLight

DECEMBER 14, 2023

You might think your only choice is to sell your home, move out, and then scramble to find a new one, but there’s an alternative you likely haven’t considered — a bridge loan. A bridge loan is a short-term financing option that allows you to buy a new home before selling your current one.

Equity 102

Equity Loans Debt-to-income ratio Home sale contingency 102

HomeLight

DECEMBER 15, 2023

Homeowners often feel their only option is to sell their current home, move into temporary accommodation, and search for their new house. But what if there was a better way to transition from your old home to your new one? Enter the bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 98

Equity Loans Debt-to-income ratio Home sale contingency 98

HomeLight

NOVEMBER 29, 2023

For many homeowners, it might seem like the only path forward is to sell, temporarily move out, and endure the inconvenience of living elsewhere while hunting for that perfect new home. Enter the bridge loan, a potential game-changer for your real estate strategy. What is a bridge loan, in simple words?

Equity 96

Equity Loans Debt-to-income ratio Home sale contingency 96

Housing Wire

FEBRUARY 14, 2024

Consequently, 37% of homeowners say they want to move but are staying in their current home. Buy before you sell’ (BBYS) products like The Trade-In Mortgage powered by Calque eliminate the stressors caused by financing contingencies. The third iteration was pioneered by Calque and is the most cost-effective model of the three.

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Backup offer Loan Officer Home sale contingency Branding 414

HomeLight

DECEMBER 5, 2023

That’s where a bridge loan in Connecticut can be your saving grace. 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.

Equity 98

Equity Debt-to-income ratio Loans Home sale contingency 98

HomeLight

NOVEMBER 29, 2023

You might think your only option is to sell your current home, find a temporary place to live, and search for your new dream house. However, a bridge loan could be the solution you’re looking for. You can then make a strong offer on your next home with no home sale contingency.

Equity 92

Equity Loans Debt-to-income ratio Home sale contingency 92

HomeLight

NOVEMBER 29, 2023

In a market with limited inventory and high prices, aligning the timing and finances for both transactions becomes a significant challenge. For many homeowners in Wisconsin, it might seem that the only option is to sell first, then face the inconvenience of moving to a temporary location while searching for that perfect new home.

Equity 96

Equity Loans Debt-to-income ratio Home sale contingency 96

HomeLight

NOVEMBER 29, 2023

For many Idaho homeowners, it might seem like the only path forward is to sell first, move into a temporary location, and then embark on the hunt for a new home. However, there’s a strategic solution that might just be the missing piece in this complex puzzle: a bridge loan. What is a bridge loan, in simple words?

Equity 94

Equity Loans Home sale contingency Debt-to-income ratio 94

HomeLight

NOVEMBER 30, 2023

As a homeowner, you might feel cornered into selling your current home before you can afford to buy a new one, leading to the hassle of finding temporary housing in the interim. However, a solution might fit your needs perfectly: a bridge loan. 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 4, 2023

But there’s a more streamlined solution that could be just what you’re looking for – a bridge loan. This short-term financing option in North Carolina can help bridge the gap, allowing you to purchase your new home before selling your old one and smoothing out the transition in this significant phase of your life.

Equity 103

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

HomeLight

NOVEMBER 29, 2023

However, there’s a solution that could simplify this complex situation: a bridge loan. 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. What is a bridge loan, in simple words?

Equity 97

Equity Loans Debt-to-income ratio Home sale contingency 97

HomeLight

NOVEMBER 7, 2023

For many, it feels like the only path is to sell, move into a temporary place, and then hunt for a new home — a process that is both costly and stressful. But what if you could seamlessly transition from your current home to the next? Enter the bridge loan, a financial tool designed to bridge this very gap.

Equity 103

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

HomeLight

DECEMBER 13, 2023

You might think your only choice is to sell your current home, find a temporary place to live, and search for your new house. But there’s an alternative you probably haven’t considered — a bridge loan. You can then make a strong offer on your next home with no home sale contingency.

Equity 111

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

HomeLight

NOVEMBER 17, 2023

You might find yourself in a predicament where it seems the only option is to sell your home, move out, and temporarily relocate while you hunt for your new dream house. A bridge loan could be the key solution you’re searching for. This innovative solution might just be the missing piece in your home buying and selling puzzle.

Equity 98

Equity Loans Debt-to-income ratio Home sale contingency 98

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. In this guide, we explain the ins and outs of bridge loans in Utah and help you decide if they could be the answer to your property puzzle.

Equity 105

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

HomeLight

DECEMBER 30, 2023

Contingencies while ‘under contract’ Here are some common types of contingencies in residential home sales: Financing contingency: A financing or mortgage contingency safeguards buyers who need to finalize a home loan.

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Home sale contingency Purchase and sale agreement Inspection contingency Inspection 106

Realty Biz

APRIL 20, 2022

Mortgage Financing Clause. Most home buyers do not have the finances available to buy without a mortgage. So financing is one of the common contingencies in an offer. Your credit score , income, and debt will contribute to the financing that is offered by lenders. Home Sale Contingency.

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Purchase and sale agreement Home sale contingency Earnest money deposit Inspection contingency 105

HomeLight

JULY 31, 2020

In the February 2020 Realtors Confidence Index survey by the National Association of Realtors, 77% of real estate agents responded that contracts closed on time, and 19% reported delays but eventually closed; 4% of contracts were terminated. So the answer to “how long does it take to close on a house?” Loan approval.

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Closing Purchase and sale agreement Title search Earnest money deposit 113

Redfin

JANUARY 25, 2021

An appraisal contingency protects lenders more so than the homebuyer, and is almost always required by your lending institution if you’re taking out a home loan. With an appraisal contingency in place, you can also back out of the purchase of the home if it’s appraised value isn’t as high as it’s listing price.

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Purchase and sale agreement Home sale contingency Inspection contingency Title 79

HomeLight

MARCH 20, 2023

Most often, this type of scenario calls for a home sale contingency. With the help of real estate agent Jesse Allen , a single-family home expert in southern Indiana , we’ll help to explain the ins and outs of home sale contingencies, and offer additional alternatives for buyers who currently own a home.

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Home sale contingency Purchase and sale agreement Sales Earnest money deposit 95

HomeLight

JUNE 16, 2023

In many instances, a homeowner needs to use equity from their existing home to buy their next residence. That can mean adding a home sale contingency to their offer, which makes it weaker and less attractive to sellers, or finding temporary housing between transactions. Is there a cost to using Flyhomes?

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Home sale contingency Staging Loans Closing 90

Redfin

MARCH 2, 2023

When a buyer applies for a mortgage to purchase a home, the lender requires an appraisal of the property to determine its fair market value. With an appraisal contingency in place, the buyer can protect themselves from being obligated to pay more than the fair market value of the property.

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Purchase and sale agreement Earnest money deposit Finance Inspection 59

HomeLight

DECEMBER 6, 2023

Are you a homeowner in Chicago grappling with the challenge of selling your old home while eyeing your next dream house? Transitioning from one home to another often involves a delicate balance of timing and finances, especially in a market where inventory is scarce and prices are soaring. You’re not alone.

Equity 100

Equity Loans Debt-to-income ratio Home sale contingency 100

HomeLight

NOVEMBER 17, 2023

However, there’s a strategic solution that might just be the perfect fit for your situation: a bridge loan. In this guide, we’ll present the mechanics, pros, cons, and alternatives to bridge loans, in Maryland, ensuring you have all the tools you need to make the best decision on how to “Buy Before You Sell.”

Equity 105

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

HomeLight

DECEMBER 7, 2023

Selling your old home while buying a new one in Seattle can be a challenging balancing act, especially regarding timing and finances. This can be even more difficult in a market where inventory is scarce and home prices are rising. You can then make a strong offer on your next home with no home sale contingency.

Equity 100

Equity Loans Debt-to-income ratio Home sale contingency 100

Redfin

MARCH 3, 2022

Although a delay in closing isn’t always the case, it’s best for both buyers and sellers to be aware of the common reasons for delayed closings. Financing issues. Unless you’re submitting an all-cash offer, you’ll need to obtain financing to purchase your home. How to remedy the situation.

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Closing Title search Purchase and sale agreement Title 62

HomeLight

DECEMBER 6, 2023

For many Houston homeowners, the dilemma often seems to boil down to selling first and then facing the inconvenience of moving twice – first to a temporary location and then to your new home. Enter the bridge loan, a financial tool that could be the solution you’re searching for. What is a bridge loan, in simple words?

Equity 95

Equity Loans Debt-to-income ratio Home sale contingency 95

HomeLight

NOVEMBER 21, 2023

Enter the bridge loan, a potential lifeline in this complex process. This financial tool could be the missing piece that helps make your home-buying journey seamless and less burdensome. In this post, we’ll provide tips and insights about bridge loans in Pennsylvania, and how to Buy Before You Sell.

Equity 102

Equity Loans Debt-to-income ratio Home sale contingency 102

HomeLight

DECEMBER 8, 2023

It’s an incredibly common scenario, and you might think your only option is to sell your home, temporarily relocate, and then wade through L.A.’s s cutthroat real estate market to find your dream home. However, there’s one solution you likely haven’t considered: a bridge loan. What is a bridge loan, in simple words?

Equity 100

Equity Loans Debt-to-income ratio Home sale contingency 100

HomeLight

APRIL 15, 2022

After some email back-and-forth, they get their final iBuyer offer: Offer details: 98% of what a real estate agent estimated they could earn, minus a 5% service fee, a $2,000 repair credit, and 1% in closing costs. . They find this offer to be satisfactory and are able to close in days without mortgage lender involvement.

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Title House Flipping Title search Sales 88

HomeLight

DECEMBER 8, 2023

However, there’s a financial tool that could be the key to seamlessly aligning these moving parts: a bridge loan — empowering you to purchase your new home before selling your current one. In this post, we’ll provide insights and tips about bridge loans in Ohio. What is a bridge loan, in simple words?

Equity 100

Equity Loans Debt-to-income ratio Home sale contingency 100

HomeLight

NOVEMBER 21, 2023

But what if there’s a smoother path to transition from your old home to your new one? Enter the bridge loan, a financial lifeline that can synchronize the purchase of your new Minnesota home while leveraging the equity of your current property. What is a residential bridge loan?

Equity 104

Equity Loans Debt-to-income ratio Staging 104

HomeLight

NOVEMBER 15, 2023

For many, the process seems to lead to an inconvenient and costly path: selling first, moving to a temporary residence, and then embarking on the search for a new home. Enter the bridge loan – a short-term financial solution designed to bridge the gap. You can then make a strong offer on your next home with no home sale contingency.

Equity 95

Equity Loans Debt-to-income ratio Home sale contingency 95

HomeLight

JANUARY 3, 2023

Price is a major factor, as are other details of the agreement such as whether you’ll cover any of the buyer’s closing costs, when you’ll agree to move out, and which contingencies will be included in the contract. Let’s review some of the top points of negotiation you may encounter: Contingencies. Closing costs.

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Purchase and sale agreement Inspection MLS Inspection contingency 102