HomeLight

NOVEMBER 30, 2023

In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. You can then make a strong offer on your next home with no home sale contingency. What is a bridge loan, in simple words? What are the benefits of a bridge loan in Iowa?

Equity 89

Equity Loans Debt-to-income ratio Home sale contingency 89

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. It’s a strategy that could transform your home-buying experience, making the transition smoother and more manageable. This can be a stressful and inconvenient process.

Equity 97

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

HomeLight

NOVEMBER 29, 2023

Navigating the complexities of selling your old home while purchasing a new one in Michigan can often feel like a high-stakes balancing act. Especially in today’s market, where inventory levels are low, and prices are soaring, aligning the timing and finances of both transactions can be particularly challenging.

Equity 93

Equity Loans Debt-to-income ratio Home sale contingency 93

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 93

Equity Loans Debt-to-income ratio Home sale contingency 93

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. 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.

Equity 89

Equity Loans Debt-to-income ratio Home sale contingency 89

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. But what if there was a better way to transition from your old home to your new one?

Equity 88

Equity Loans Debt-to-income ratio Home sale contingency 88

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. 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

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. It’s a short-term financing option that helps you purchase a new home in New York before selling your old one, smoothing out the transition and fitting the pieces of your property puzzle together.

Equity 83

Equity Loans Debt-to-income ratio Home sale contingency 83

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 91

Equity Loans Debt-to-income ratio Home sale contingency 91

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 91

Equity Loans Debt-to-income ratio Home sale contingency 91

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. You can then make a strong offer on your next home with no home sale contingency. How does a bridge loan work in Hawaii?

Equity 86

Equity Loans Debt-to-income ratio Home sale contingency 86

HomeLight

JANUARY 30, 2024

It’s a common dilemma: you must sell to finance your next home, but where do you live? 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. This is where a bridge loan steps in.

Equity 88

Equity Loans Debt-to-income ratio Home sale contingency 88

HomeLight

NOVEMBER 29, 2023

Selling your old home while buying a new one in Wisconsin can often feel like a delicate balancing act. In a market with limited inventory and high prices, aligning the timing and finances for both transactions becomes a significant challenge. You can then make a strong offer on your next home with no home sale contingency.

Equity 86

Equity Loans Debt-to-income ratio Home sale contingency 86

HomeLight

DECEMBER 5, 2023

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 89

Equity Debt-to-income ratio Loans Home sale contingency 89

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. You can then make a strong offer on your next home with no home sale contingency. A crucial factor in this equation is your debt-to-income ratio (DTI).

Equity 84

Equity Loans Home sale contingency Debt-to-income ratio 84

HomeLight

DECEMBER 8, 2023

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 91

Equity Loans Debt-to-income ratio Home sale contingency 91

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. You might feel cornered into selling first and then facing the hassle of finding a temporary place to stay while you search for your next home.

Equity 87

Equity Loans Debt-to-income ratio Home sale contingency 87

HomeLight

DECEMBER 4, 2023

Selling your old home while buying a new one in North Carolina often presents a tricky balance of timing and funds. 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.

Equity 95

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

HomeLight

DECEMBER 6, 2023

Designed as a short-term financing option, bridge loans empower you to secure your next home in Houston before you’ve sold your existing one, simplifying the buy-sell process significantly. You can then make a strong offer on your next home with no home sale contingency.

Equity 85

Equity Loans Debt-to-income ratio Home sale contingency 85

HomeLight

NOVEMBER 17, 2023

Often, it might seem like your only option is to sell your current property, find temporary accommodation, and then embark on the hunt for your new home. You can then make a strong offer on your next home with no home sale contingency. Balancing debt: A key factor in this process is your debt-to-income ratio (DTI).

Equity 97

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

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. 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 95

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

HomeLight

DECEMBER 19, 2023

Selling your home and buying a new one at the same time can feel like walking a financial tightrope. If you’re like most Americans, you need the proceeds from the sale of your current home to buy your next home. You’re likely counting on earned equity to fund your deposit and cover closing costs.

Home sale contingency 89

Home sale contingency Equity Closing costs Staging 89

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. As a short-term financing option, bridge loans offer the unique advantage of helping you purchase your new home before you’ve sold your old one.

Equity 88

Equity Loans Debt-to-income ratio Home sale contingency 88

HomeLight

DECEMBER 13, 2023

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 101

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

HomeLight

NOVEMBER 6, 2023

Are you feeling cornered into selling first, moving out, and then scrambling to find a temporary rental while you search for your next home? A bridge loan might be the lifeline you need, offering a short-term financing solution that lets you purchase your new home even before you’ve handed over the keys to your old one.

Equity 94

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

HomeLight

NOVEMBER 21, 2023

Navigating the real estate market in Pennsylvania, especially when you’re trying to coordinate the sale of your current home with the purchase of a new one, can be a challenging balancing act. You can then make a strong offer on your next home with no home sale contingency.

Equity 94

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

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? You can then make a strong offer on your next home with no home sale contingency.

Equity 93

Equity Loans Debt-to-income ratio Home sale contingency 93

Realty Biz

APRIL 20, 2022

When the home inspection finds some problems, the seller might agree to cover the cost and have the problem fixed. The language in the offer to purchase will allow you to escape the sale with your money back. Mortgage Financing Clause. Most home buyers do not have the finances available to buy without a mortgage.

Purchase and sale agreement 105

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

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?

Equity 96

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

HomeLight

NOVEMBER 15, 2023

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 85

Equity Loans Debt-to-income ratio Home sale contingency 85

HomeLight

DECEMBER 8, 2023

If you’re juggling the sale of your current Ohio home with the purchase of a new one, it might feel like walking a financial tightrope. You might think the only option is to sell your old home, move to a temporary location, and then embark on the hunt for your new home.

Equity 90

Equity Loans Debt-to-income ratio Home sale contingency 90

HomeLight

NOVEMBER 21, 2023

Navigating the real estate market in Minnesota can feel like a high-wire act, especially when you’re juggling the sale of your current home with the purchase of a 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.

Equity 94

Equity Loans Debt-to-income ratio Staging 94

HomeLight

SEPTEMBER 27, 2023

You can then make a strong offer on your next home with no home sale contingency. In real estate, a bridge loan is intended to be a convenient and fast way to buy your new home without waiting for your old home to sell. You can make a non-contingent offer on your new home.

Equity 80

Equity Loans Debt-to-income ratio Home sale contingency 80

HomeLight

SEPTEMBER 25, 2023

In this post, we’ll unpack this financing option and how you can put it to work for you. 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 79

Equity Loans Debt-to-income ratio Home sale contingency 79

HomeLight

NOVEMBER 30, 2023

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 91

Equity Loans Debt-to-income ratio Home sale contingency 91

HomeLight

NOVEMBER 21, 2023

Navigating the real estate market in Oregon can often feel like a high-stakes balancing act, especially when you’re caught in the dilemma of selling your current home while eyeing your next dream house. You might think your only option is to sell, vacate, and temporarily relocate while you search for a new home.

Equity 75

Equity Loans Debt-to-income ratio Home sale contingency 75

HomeLight

JUNE 23, 2022

It is usually held in the broker’s or title company’s trust or escrow account until closing. The earnest money typically goes towards the buyer’s down payment or closing costs. It is refunded to the buyer only upon certain contingencies specified in the contract. Buyer runs into financing trouble.

Earnest money deposit 104

Earnest money deposit Purchase and sale agreement Due diligence Home sale contingency 104