HomeLight

DECEMBER 13, 2023

Selling your existing San Diego home while trying to purchase a new one can feel insurmountable. This can be especially tough as the San Diego market is plagued by notoriously low inventory and high prices. You might think your only choice is to sell your current home, find a temporary place to live, and search for your new house.

Equity 113

Equity Loans Debt-to-income ratio Home sale contingency 113

HomeLight

NOVEMBER 29, 2023

Navigating the real estate market in Idaho can often feel like a high-stakes balancing act, especially when you’re caught between selling your old home and securing your new dream house. This challenge becomes even more daunting in a market where inventory is scarce and prices are soaring.

Equity 98

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

HomeLight

JANUARY 30, 2024

Navigating the real estate market in Denver can feel like a high-wire act, especially when juggling selling your current home with purchasing a new one. This balancing act becomes even more challenging in a market with low inventory and high prices. This can be a game-changer in fast-paced markets like Denver.

Equity 102

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

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. What are the drawbacks of a bridge loan?

Equity 106

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

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 105

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

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 108

Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

NOVEMBER 30, 2023

Buying and selling homes in Maine often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. 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.

Equity 106

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

HomeLight

NOVEMBER 7, 2023

Navigating the intricate dance of selling your old home while securing your new dream house in Oklahoma can be a daunting task. The balance of timing and funds becomes even more precarious when faced with a competitive housing market where inventory is scarce and prices seem to keep climbing.

Equity 107

Equity Loans Debt-to-income ratio Home sale contingency 107

HomeLight

NOVEMBER 30, 2023

Selling your old home and buying a new one in New Jersey often involves a tricky balance of timing and funds, especially in a market with low inventory and high prices. You can then make a strong offer on your next home with no home sale contingency. This can be a stressful and inconvenient process.

Equity 107

Equity Loans Debt-to-income ratio Home sale contingency 107

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 100

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

HomeLight

NOVEMBER 29, 2023

Selling your old home while simultaneously buying a new one in Indiana can often feel like a delicate balancing act. In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. A critical factor in this scenario is your debt-to-income ratio (DTI).

Equity 108

Equity Loans Debt-to-income ratio Home sale contingency 108

HomeLight

NOVEMBER 30, 2023

Selling your old home while simultaneously buying a new one in Iowa can often feel like a delicate balancing act. In a market where inventory is limited, and prices are high, syncing the timing and finances of both transactions becomes a significant challenge. A critical aspect for the lender is your debt-to-income ratio (DTI).

Equity 102

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

HomeLight

NOVEMBER 29, 2023

Selling your old home and buying a new one in New York often involves a tricky balance of timing and funds. This balancing act becomes even more challenging in a market with low inventory and high prices. 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.

Equity 97

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

HomeLight

NOVEMBER 17, 2023

Navigating the tightrope of selling your old home and buying a new one in Georgia can be a daunting challenge. The balancing act becomes even more intricate when faced with low inventory and high prices in today’s real estate market. 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 29, 2023

Navigating the real estate market in Hawaii can often feel like a high-stakes balancing act, especially when you’re trying to sell your old home while buying a new one. This challenge becomes even more daunting in a market where inventory is scarce, and prices are soaring. What are the benefits of a bridge loan in Hawaii?

Equity 100

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

HomeLight

NOVEMBER 17, 2023

Navigating the complexities of selling your old home and purchasing a new one in Illinois can be a challenging balancing act, especially when trying to align the timing and funds. This challenge intensifies in a market with low inventory and high prices, a common scenario for many Illinois homeowners.

Equity 102

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

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 101

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

RIS Media

APRIL 8, 2022

Once you find your dream home and it happens to be marked as contingent, you can still place an offer. Here’s all you should know about contingent sales as a potential home buyer. Contingent meaning. An active listing means the home in question is currently on sale, and sellers are actively open to offers.

Debt-to-income ratio 144

Debt-to-income ratio Title search Backup offer Home sale contingency 144

Redfin

MARCH 3, 2022

Some smaller banks or online banks will not do a wire transfer or mail out a cashier’s check without you being present, so be sure to contact your bank ahead of time and have a plan to avoid delays in closing,” says David Hinds, CEO of VA Choice Home Mortgage. The home appraisal is lower than the sale price.

Closing 61

Closing Title search Purchase and sale agreement Title 61

HomeLight

DECEMBER 8, 2023

Dealing with the real estate market in Los Angeles can feel impossible, especially when selling your current home while purchasing a new one. 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 What are the drawbacks of a bridge loan?

Equity 103

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

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 103

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

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. This balancing act becomes even more challenging in a market where inventory is low, and prices are high. 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

NOVEMBER 17, 2023

Navigating the real estate market in Maryland can feel like a high-stakes balancing act, especially when trying to sell your old home and simultaneously secure your new dream house. The challenge becomes even more daunting in a market characterized by low inventory and soaring prices. What are the drawbacks of a bridge loan?

Equity 107

Equity Loans Debt-to-income ratio Home sale contingency 107

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 103

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

HomeLight

DECEMBER 6, 2023

Stepping into the real estate market in Houston can feel like a high-wire act, especially when trying to balance selling your current home with purchasing a new one. This balance of timing and funds becomes even more challenging in a market where inventory is scarce, and prices are sky-high.

Equity 99

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

HomeLight

NOVEMBER 15, 2023

Navigating the journey of selling your old home while securing your new dream house in Arkansas can be a complex dance of timing and financial coordination. Especially in today’s market, where low inventory meets high prices, achieving this balance often feels daunting. Your offers with home sale contingencies are being rejected.

Equity 99

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

HomeLight

SEPTEMBER 27, 2023

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. You can make a non-contingent offer on your new home. You only have to move once.

Equity 94

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

HomeLight

NOVEMBER 30, 2023

Navigating the real estate market in Nevada can be a challenging journey, especially when you’re trying to sell your old home and buy a new one simultaneously. This balancing act of timing and funds becomes even more daunting in a market where inventory is low and prices are high.

Equity 105

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

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 105

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

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. 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 108

Equity Loans Debt-to-income ratio Staging 108

HomeLight

NOVEMBER 6, 2023

If you’re in the midst of selling your Massachusetts home and on the hunt for your next dream property, you know that synchronizing both deals can be a nerve-wracking puzzle. Especially in a market where inventory is scarce and home prices are high, the balancing act can seem daunting.

Equity 106

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

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

Equity 82

Equity Loans Debt-to-income ratio Home sale contingency 82

HomeLight

SEPTEMBER 25, 2023

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. That lender may calculate your debt-to-income ratio (DTI) to qualify you for a bridge loan.

Equity 92

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

HomeLight

MARCH 31, 2023

Find a Top California Agent With Experience in Bridge Loans Partner with a top agent who knows your California market and has experience with bridge loan programs. They typically require that your existing home be listed on the market, and will offer this bridge loan for a maximum of six months to one full year. Let’s dive in.

Equity 89

Equity Loans Debt-to-income ratio Finance 89

HomeLight

MARCH 31, 2023

To give you all the information you need to evaluate if a bridge loan is right for you, we spoke with Rick Ruiz , who sells homes 67% faster than other agents in the Las Vegas, Nevada area, and Heidi Daunt , Branch Manager and owner of Treehouse Mortgage Group with over 35 years of lending experience. Let’s dive in.

Loans 80

Loans Debt-to-income ratio Equity Finance 80

HomeLight

JULY 29, 2022

This can radically alter their debt-to-income ratio and jeopardize the whole deal. First, when deciding to purchase a home, you’ll naturally try to make sure you’re at a stable point in your career. In a traditional market, buyers won’t want to close until the issue is resolved. Problem: You lost your job.

Closing 104

Closing Purchase and sale agreement Title Home sale contingency 104