HomeLight

NOVEMBER 17, 2023

You might find yourself contemplating the daunting prospect of selling your home, moving to a temporary location, and then hunting for a new house. As a short-term financing option, bridge loans in Illinois offer a unique opportunity. 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 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. You can then make a strong offer on your next home with no home sale contingency. What is a residential bridge loan in Utah?

Equity 108

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

HomeLight

DECEMBER 30, 2023

If contingencies are not met, the deal might fall through. 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 108

Home sale contingency Purchase and sale agreement Inspection contingency Inspection 108

HomeLight

NOVEMBER 21, 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 105

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

HomeLight

NOVEMBER 21, 2023

But what if there’s a smoother path to transition from your old home to your new one? Enter the bridge loan, a financial lifeline that can synchronize the purchase of your new Minnesota home while leveraging the equity of your current property. What is a residential bridge loan?

Equity 107

Equity Loans Debt-to-income ratio Staging 107

HomeLight

NOVEMBER 6, 2023

A bridge loan might be the lifeline you need, offering a short-term financing solution that lets you purchase your new home even before you’ve handed over the keys to your old one. You can then make a strong offer on your next home with no home sale contingency. What is a bridge loan?

Equity 105

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

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 87

Equity Loans Debt-to-income ratio Finance 87