Need to Sell Your Current Home to Buy Your Next One ? We ’ ve Got a Solution for You !
By Sherry Brady , Branch Manager , Apex Home Loans , Inc .
You want to buy a new home . Maybe your family is growing and you need to upsize ; or , perhaps just the opposite , perhaps you ’ re ready to downsize . Whatever your reason for wanting to move may be , you have a home to sell . If you don ’ t already have a ratified contract to sell your home , then you ’ ll need to convince a seller to accept a contingent contract from you , with you needing to sell your current home before you can buy their home . In most cases , in this market , that is not working . Take heart though ; we have a solution for you !
Say goodbye to contingencies ! With our Home Sale Assurance Program , you can buy your new home ( using a conventional loan ) before you sell your current home . By partnering with us and utilizing the Home Sale Assurance Program , we ’ ll be able to help you quickly obtain a non-contingent contract on your current home which will allow us to move forward and qualify you for a new Conventional loan without having to count the payment on the current home against you , and you ’ ll then be able to make a non-contingent offer on the new home you wish to buy .
HOME SALE ASSURANCE PROGRAM Giving homebuyers the peace of mind to buy the home they love , Before selling the home they have .
So , how does it work ? You start by applying to the program to get an offer on your home . If you accept the offer , you then have 90 days to either execute the sale at the agreed upon price that you were offered at the start of the process , or if you wish to try to sell it on the open market , you can use your own Realtor ® to list your home for sale and potentially get a better price through a traditional sale ( cancellation fee applies ). Or , you could even take the 90-day period just to close on your new home and move at your leisure , then execute the Home Assurance contract at the end .
What if you need to sell your current home to have a down payment for the new one ? No problem . If you like the offer price of the Program contract , you could execute the sale right away to the Program in order to get your equity out for down payment on your new home …. you don ’ t have to wait 90 days . And coming soon , you ’ ll be able to use our Home Assurance Program ’ s new Bridge feature , where you can get an advance of up to $ 50,000 of the proceeds coming to you from the sale !
Want to learn more ? Visit our website at www . LynchburgLender . com
and choose one of our licensed , experienced loan officers to work with to get you started on the path to your new home with no contingencies to stand in your way ! We look forward to helping you through the mortgage maze and putting you in a position to win the bid on the home of your dreams !
Working with a Realtor ® already ? Have them call us ! Or if you are a Realtor ®, we ’ d love to share with you how this program can help your buyers and sellers !
Sherry Brady , Branch Manager and Senior Mortgage Banker , NMLS # 217258 , Apex Home Loans , a Division of Celebrity Home Loans , LLC , NMLS # 227765 , nmlsconsumeraccess . org , Equal Housing Opportunity .
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