Bridge Loan for a Home Purchase: A Way to Rescue a Contingent Offer
A bridge loan for a home purchase can sometimes help a buyer remove a home-sale contingency and make a cleaner offer. That matters because a home-sale contingency does not always have to remain a home-sale contingency. If you are a listing agent and receive an otherwise strong offer that depends on the buyer selling their […]
Buy Before You Sell Bridge Loan: How One Client Bought First and Sold Later
A Buy Before You Sell Bridge Loan can be a powerful solution for homeowners who have plenty of equity but not enough liquid cash to buy their next home before selling their current one. We recently helped a client in this exact situation. They owned a $1.7 million home free and clear. Their kids had […]
Buy Before You Sell: A Better Way to Move Into Your Next Home
For a long time, homeowners who wanted to move felt like they only had one real option. Sell their current home first. Then try to buy the next one. On paper, that sounds simple enough. In real life, it can be a little more chaotic. Selling first can mean temporary housing, rushed decisions, moving twice, […]