Here are three unique buying solutions you need to know about.
Spring is here, and with it comes the time when sellers start to list their homes for sale, making it a busy time for buyers. If you’re looking to purchase a home this spring, here are three outside-the-box options to help you stand out against your competition:
1. Use a bridge loan. This option allows you to tap into the equity in your current home and use it as a down payment on a new home. You can then move into your new home and sell your old one without having to be present during showings.
2. Use a cash-offer program. This option is ideal for buyers who qualify for an FHA loan but are getting outbid by cash buyers. Our partners can purchase the home for you for a small convenience fee, turning you into a cash buyer and giving you the ability to close faster and ask for concessions.
3. Use a lease-to-own program. This choice is great for buyers who want to move into their dream home but don’t have the credit, income, or savings to qualify for a mortgage yet. You can pick out the house you want, rent it for a period of time, and purchase it at a pre-approved price when you’re ready.
These three options can make you stand out in a competitive market. If you have any questions or want to learn more, feel free to call or email me. Happy house hunting!