Housing Wire

FEBRUARY 14, 2024

With PowerBuyer ‘buy before you sell’ solutions, the PowerBuyer typically purchases the next home, leases it to the consumer, then sells it back to them after their first home sells. This model is still expensive for homeowners because they are paying duplicate closing costs and leaseback fees.

Backup offer 358

Backup offer Loan Officer Home sale contingency Branding 358

HomeLight

DECEMBER 15, 2021

. “The condo was paid off, so one benefit of that is you can go ahead and buy your next property and you don’t have to have a home sale contingency, which is very important in this market,” Ramey explains. Plus, it’ll mean more money in your pocket from the sale. Selling Advantages.

Purchase and sale agreement 93

Purchase and sale agreement Home sale contingency Mortgages Loans 93

HomeLight

JULY 29, 2022

But things do happen: If you lose your job in the process of closing, disclose that as soon as you can (if you don’t, you could be committing mortgage fraud). If you can’t secure new employment swiftly, you might be able to add a cosigner to your loan and count that person’s income toward your purchase.

Closing 103

Closing Purchase and sale agreement Title Home sale contingency 103

Redfin

MARCH 3, 2022

“A seasoned mortgage broker will fully analyze your situation and application, anticipate any issues, and guide you through the process to a smooth closing,” says Trey Bolen at Lendid Home Loans. It’s also important that buyers come to closing prepared with all necessary closing documents and payment for closing costs.

Closing 63

Closing Title search Purchase and sale agreement Title 63