Remove Closing Remove Home sale contingency Remove Staging
article thumbnail

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

Housing Wire

As a result, homeowners either must sell their current home and suffer through double moves and short-term rentals to access the equity they’ve accrued, or they have to make contingent offers that require the sale of their current house to close. The original home is usually purchased at a discount.

article thumbnail

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

HomeLight

You can then make a strong offer on your next home with no home sale contingency. A bridge loan is a short-term loan that helps you buy a new home while youre still in the process of selling your current one. You can make a non-contingent offer : Sellers often prefer buyers without home sale contingencies.

Equity 52
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 NYC: How to Unlock Home Equity to Buy Before You Sell

HomeLight

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. A bridge loan is a short-term loan that helps you buy a new home before your current one sells.

Equity 52
article thumbnail

Bridge Loans in Las Vegas: Unlock Your Equity to Buy Before You Sell

HomeLight

You can then make a strong offer on your next home with no home sale contingency. A bridge loan in real estate is a short-term loan that helps you buy a new home while youre in the process of selling your current one. Youve found a new home but dont want to risk losing it to another buyer in a competitive market.

Equity 52
article thumbnail

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

HomeLight

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. For example, you might not have to make bridge loan payments until your home sells.

Equity 52
article thumbnail

What Does Contingent Mean in Real Estate Sales

Realty Biz

When a home sale is listed as contingent, it means that the seller has accepted an offer with contingencies. This means that certain clauses have to be completed, by perhaps both buyer and the seller, for the sale to close. If these contingencies aren’t met, the buyer can walk away from the deal.

article thumbnail

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

HomeLight

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 111