HomeLight

JUNE 30, 2024

Even if you’re not a real estate investor but need to bridge the gap between buying and selling your home, we’ve got you covered with alternatives to tap into your home’s equity. You can then make a strong offer on your next home with no home sale contingency.

Hard money loan 112

Hard money loan Finance Debt-to-income ratio Home sale contingency 112

HomeLight

SEPTEMBER 17, 2024

If you’re not in the investment game but need a solution to bridge the gap between buying and selling a home, we’ll also explore alternatives to help leverage your home’s equity. You can then make a strong offer on your next home with no home sale contingency.

Finance 64

Finance Hard money loan Debt-to-income ratio Home sale contingency 64

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 111

Equity Loans Debt-to-income ratio Home sale contingency 111

RIS Media

APRIL 8, 2022

Something can come up (such as an unanswered financial obligation or a significant purchase before the closing that changes the debt-to-income ratio) and put a home back. . Real Estate appraisals are usually completed when homes are bought via mortgage loans. Home inspection problems. Low appraisal.

Debt-to-income ratio 144

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

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 101

Loans Debt-to-income ratio Equity Finance 101

HomeLight

MARCH 31, 2023

The bridge lender will lend the buyer the equity they have built in their existing house so they can move forward with the purchase of a new home. 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.

Equity 104

Equity Loans Debt-to-income ratio Finance 104

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. Problem: You have a home sale contingency — and your house hasn’t sold. Problem: You lost your job.

Closing 105

Closing Purchase and sale agreement Title Home sale contingency 105