Remove Closing costs Remove Home sale contingency Remove Marketing Remove Mortgages
article thumbnail

How does the “buy before you sell” model differ from iBuyers and Power buyers?

Housing Wire

Jeremy Foster: The traditional home purchase process for homeowners is broken. A majority of homeowners must sell their current home before they can qualify for a mortgage on their next home due to federal lending requirements around debt-to-income and down payments.

article thumbnail

Bridge Loans in Washington, D.C.: How to Unlock Home Equity to Buy Before You Sell

HomeLight

trying to sell your old home while buying a new one? Finding the perfect balance between selling and buying can be tough in a market where inventory is low and prices are high. It can be difficult to juggle the timing and financial details when you’re pressed to sell before you can invest in your new home.

Equity 106
Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Bridge Loans in Atlanta: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Selling your Atlanta home while looking to purchase a new one can be tricky. 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. How does a bridge loan work in Atlanta?

Equity 103
article thumbnail

Under Contract vs. Pending: A Home Buyer’s Guide to Status Tags

HomeLight

Can you make an offer on a home that’s under contract? What buyer contingencies might put a listing back on the market? What home contingency missteps should you avoid when making an offer? You wonder, what’s the difference between under contract versus pending?

article thumbnail

Bridge Loans in Dallas: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Selling your old home while looking for a new one in Dallas can be difficult, especially when juggling the complex timing and limited finances. This can be even more difficult in a market like Dallas, where inventory is scarce and prices are soaring. You can then make a strong offer on your next home with no home sale contingency.

Equity 101
article thumbnail

Bridge Loans in Miami: How to Unlock Home Equity to Buy Before You Sell

HomeLight

Purchasing a new home in Miami, especially when trying to sell your old home, can be difficult. Balancing limited time and finances may feel impossible in a market where inventory is tight and prices continue to rise. You can then make a strong offer on your next home with no home sale contingency.

Equity 109
article thumbnail

Bridge Loans in San Francisco: How to Unlock Home Equity to Buy Before You Sell

HomeLight

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 104