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 91

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

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 92

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

HomeLight

JANUARY 30, 2024

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. 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 30, 2023

You might think your only choice is to sell your current home, find a temporary place to live, and then hunt for your new dream house. Enter the bridge loan. You can then make a strong offer on your next home with no home sale contingency. What is a bridge loan, in simple words?

Equity 101

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

HomeLight

NOVEMBER 29, 2023

But there’s an alternative that might just be the solution you’re looking for: a bridge loan. This short-term financing option allows you to confidently purchase your new Indiana home before selling your current one, easing the transition and helping you manage this crucial phase in your homeownership journey.

Equity 103

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

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 87

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

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 97

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

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 98

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

HomeLight

NOVEMBER 30, 2023

However, there’s a solution that could help align these moving parts more seamlessly: a bridge loan. 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. What is a bridge loan, in simple words?

Equity 100

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

HomeLight

NOVEMBER 29, 2023

For many homeowners, it might seem like the only viable path is to sell first, then endure the inconvenience of moving to a temporary location while hunting for that perfect new home. However, there’s a solution that might just make these puzzle pieces fit seamlessly together: a bridge loan. When would you consider a bridge loan?

Equity 96

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

HomeLight

NOVEMBER 30, 2023

But there’s an alternative that might just be the solution you’re looking for: a bridge loan. This short-term financing option allows you to confidently purchase your new Iowa home before selling your current one, easing the transition and helping you manage this crucial phase in your homeownership journey.

Equity 92

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

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 91

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

HomeLight

NOVEMBER 29, 2023

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. However, a strategic alternative could smoothly bridge this gap: a bridge loan. What is a bridge loan, in simple words?

Equity 89

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

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 89

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

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 90

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

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 86

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

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 99

Equity Loans Debt-to-income ratio Home sale contingency 99

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 97

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

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.

Home sale contingency 99

Home sale contingency Purchase and sale agreement Inspection contingency Inspection 99

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. Before you apply for a mortgage, you’ll need to do some research with lenders to find out what interest rate will be available to you.

Purchase and sale agreement 105

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

HomeLight

JULY 31, 2020

These are the top home closing delays that could affect if and when you close on your new home, and how to overcome them. Loan approval. For most buyers, financing a home through a bank or lender with a mortgage loan is necessary to purchase the property. How it can delay closing.

Closing 108

Closing Purchase and sale agreement Title search Earnest money deposit 108

HomeLight

MARCH 20, 2023

After all, few people can afford to hold two mortgages. At the same time, it usually does not make sense for buyers to sell their home without having a new one lined up to move into. So what options does that leave for the homebuyer who must also be a home seller ? Find a Buyer's Agent What is a home sale contingency?

Home sale contingency 88

Home sale contingency Purchase and sale agreement Sales Earnest money deposit 88

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. A financing contingency is a clause in your offer that allows you to back out if you cannot secure a mortgage to buy the home.

Purchase and sale agreement 76

Purchase and sale agreement Home sale contingency Inspection contingency Title 76

HomeLight

JANUARY 30, 2024

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.

Home sale contingency 100

Home sale contingency Closing costs Technology Sales 100

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?

Home sale contingency 84

Home sale contingency Staging Loans Closing 84

HomeLight

JANUARY 22, 2024

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.

Home sale contingency 97

Home sale contingency Closing costs Technology Equity 97

HomeLight

JANUARY 22, 2024

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.

Home sale contingency 96

Home sale contingency Closing costs Technology As-is 96

HomeLight

JANUARY 30, 2024

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.

Home sale contingency 92

Home sale contingency Closing costs Technology Sales 92

HomeLight

JANUARY 22, 2024

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.

Home sale contingency 81

Home sale contingency Closing costs Technology Sales 81

HomeLight

JANUARY 30, 2024

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.

Home sale contingency 86

Home sale contingency Closing costs Technology Sales 86

HomeLight

JANUARY 30, 2024

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.

Home sale contingency 78

Home sale contingency Closing costs Technology Equity 78

First Team Real Estate

DECEMBER 7, 2020

A couple of aspects can assist you in deciphering how economically sound a purchaser is: how much they’re putting down, their down payment deposit or earnest money , and if they’re preapproved for a loan. Pre-approval: These days, being pre-approved for a loan is basically a requirement in competitive markets.

Purchase and sale agreement 98

Purchase and sale agreement Pre-approval Title Backup offer 98

Redfin

MARCH 3, 2022

It’s recommended to get pre-approved before house hunting to give yourself a realistic idea of how much home you can afford ; however, a mortgage pre-approval doesn’t guarantee that your loan application will be approved. By far, one of the biggest nightmares is that the mortgage falls through on the closing day.

Closing 61

Closing Title search Purchase and sale agreement Title 61

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 100

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

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 93

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

HomeLight

DECEMBER 7, 2023

For many homeowners, it might seem like their only option is to sell their current home, move out, and temporarily relocate while house hunting. Enter the bridge loan — a short-term financing option that lets you purchase your home before you’ve sold your old one. What is a bridge loan, in simple words?

Equity 94

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

HomeLight

DECEMBER 6, 2023

Selling your current home first means you might have to move twice – first to a temporary location, then to your new home. Enter the bridge loan – a short-term financing option that could be the key to securing your new home before you’ve sold your old one. What is a bridge loan, in simple words?

Equity 94

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