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

Redfin

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. You can also consider requesting a rent-back agreement from potential homebuyers. Even if you use a property management company, they’ll take a cut.

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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.). When you sell, you’ll need to ensure that the value of your home will cover your outstanding mortgage balance in addition to selling expenses amounting to around 6%-10%. of time after you sell.