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 92

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

HomeLight

MAY 8, 2024

These loans offer a unique financing solution, especially for those who might not qualify for traditional financing due to various reasons, such as a brief project timeline, limited upfront cash, or credit challenges. You can then make a strong offer on your next home with no home sale contingency.

Hard money loan 98

Hard money loan Loans Home sale contingency Finance 98

HomeLight

SEPTEMBER 27, 2023

If you are selling your home in Colorado but also looking to purchase a new one, the timing of both transactions can feel impossible to plan perfectly. Through our Buy Before You Sell program, HomeLight can help you unlock a portion of your equity upfront to put toward your next home. How does a bridge loan work in Colorado?

Equity 83

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

HomeLight

SEPTEMBER 25, 2023

Explore a bridge loan and let your home’s equity help fund your next house in the short term. A bridge loan can be a fitting solution when you’ve found your dream home and need to act quickly, or you need more time to prepare your old home to sell, allowing you to buy before you sell. Need to Buy Before You Sell?

Equity 81

Equity Loans Debt-to-income ratio Home sale contingency 81

HomeLight

MARCH 31, 2023

With low inventory and notoriously high home prices, California homeowners are looking for creative financing solutions to fund their dream home purchases. One of these solutions comes in the form of a bridge loan — this kind of loan allows homeowners to purchase their next home before needing to sell their old one.

Equity 78

Equity Loans Debt-to-income ratio Finance 78

HomeLight

JULY 6, 2023

According to HomeLight’s Top Agent Insights Report for Summer 2023, a gents estimate that buyers only waived the inspection contingency on 20% of contracts. Financing contingency Sometimes called a mortgage contingency , this specifies that the deal hinges on the buyer securing their loan.

MLS 90

MLS Backup offer Inspection contingency Purchase and sale agreement 90

HomeLight

JANUARY 4, 2022

According to a Q3 2021 study by ATTOM Data Solutions, all-cash home sales are at their highest level since the first quarter of 2015, with 34% of all single-family homes and condos purchased without financing. “In Buyers who re-invested their equity. Who’s paying cash for houses? Out-of-state buyers.

Investor 98

Investor Finance Inspection Sales 98

HomeLight

MARCH 13, 2023

Aging homes require expensive upgrades and present insurance hurdles Two-thirds of Orlando homes were built before the year 2000. With the strong Florida sun shortening the lifespan of roofs and air conditioning systems, costly renovations may be necessary. People don’t have the money or time to fix them up,” says Reiner.

Sales 79

Sales Investor Due diligence Renovation 79

HomeLight

MARCH 21, 2022

Not all sellers have the time or budget for hefty renovations necessary for a proper listing, and that’s OK. House flippers look for specific improvements to boost equity, such as cosmetic updates, mechanical repairs, an addition, or a change to the layout. Example home trade-in companies: HomeLight Trade-In. Local investors.

Closing costs 93

Closing costs Home sale contingency Investor Closing 93

HomeLight

JANUARY 28, 2022

We buy houses” companies are flippers who purchase properties “as is” for cash and renovate them, generating a profit at resale. Unlike iBuyers and buy-and-hold investors, fix-and-flippers buy homes in poor condition for considerably less than market value. But no one wants to be taken advantage of, conned, or ripped off. “We

Purchase and sale agreement 105

Purchase and sale agreement Investor Agents Sales 105

HomeLight

APRIL 29, 2022

HomeLight Trade-In : Removes the stress of buying and selling a home at the same time. HomeLight works with your agent to make an offer on your current home, so you can make an offer on a new home with no lending or home sale contingency. What does Opendoor offer home sellers? Use your home equity.

Agents 87

Agents MLS Closing Home sale contingency 87

HomeLight

JUNE 17, 2022

Your want to sell your home without renovating. You don’t have the time or money to do renovations and want to move without extensively updating your home, and are willing to accept less money for it. You’re selling a newly remodeled home. Escalation offers have to be bona fide offers that are made in good faith.

Inspection 103

Inspection Pre-approval Inspection contingency Renovation 103

HomeLight

JANUARY 3, 2023

Let’s review some of the top points of negotiation you may encounter: Contingencies. Buyers may ask for the offer to be contingent on other factors, such as the sale of their existing home or their ability to obtain financing. Review your settlement statement for a complete list of fees and credits of the sale.

Purchase and sale agreement 95

Purchase and sale agreement Inspection MLS Inspection contingency 95