Remove Loans Remove Property Management Remove Rent back
article thumbnail

6 Options to Consider When Selling and Buying a Home in a Seller’s Market

Redfin

Another option to consider is gap financing such as a Home Equity Line of Credit (HELOC) or a Bridge Loan. For those unfamiliar with HELOC or Bridge Loans, they use your home’s equity, the difference between your home’s value and the amount owed on your mortgage, to secure the loan. 2) Buy first and sell your home to an iBuyer.

article thumbnail

Selling a House for a Job Relocation: Tips, Tools, and Taxes

HomeLight

Home equity is a homeowner’s financial stake in their property that they own free of their mortgage loan obligation.). Also known as a seller rent-back agreement or a holdover , this allows you to stay in your home for a designated period ?of of time after you sell. Options to sell your home for a job relocation.