Homelight Trade-In
January 28, 2021
January 28, 2021
We have access to an outstanding program that allows our clients to purchase their next home without having to make an offer contingent upon the sale of their existing home. Market Real Estate works with HomeLight, who buys our client’s current home so they avoid the stress, risk, and hassle of buying and selling at the same time. There are four simple steps.
1. Get a guaranteed offer
HomeLight makes a guaranteed offer on your current home. That’s the price they’ll pay as soon as you’re ready to move into your new home. This offer comes after we coordinate an inspection of your property, and conduct a market analysis of your home’s value. This valuation determines how much cash Homelight will give you to put towards the purchase of your next home.
2. Make a strong offer on your new home
When you’ve found the home of your dreams, you’ll be ready to make an offer with no lending or home sale contingency. You’ll have a fully underwritten mortgage approval, which means we will not have a loan contingency. With a guaranteed offer on your home from Homelight, you won’t be making an offer contingent upon the sale of your current home either.
3. Move in on your schedule
Once your offer is accepted, HomeLight buys your home at the guaranteed price so you’ll get the cash to close on your dream home and control when you move. Homelight completes the purchase of your existing home a few days prior to the closing of your new home. The funds go to escrow for your purchase, and you complete the transaction. Once you own the home you’re free to move into it!
4. Get full market value when we sell your home
Once you’re out of your home we will spruce it up. We coordinate paint, flooring, cleaning, staging, and any other miscellaneous projects designed to increase the sales price. Your home will be easy to show as you won’t be living there either. This ensures we get top dollar for your property. Best of all, you keep all the upside if your home sells for more than we expect.
Reach out to Market Real Estate for more details on this outstanding program.
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