Are you thinking about moving but feeling hesitant to list your house for sale because you’re worried about not being able to find a new home? If this sounds like something you have been dealing with, this program could be perfect for you!
We have partnered with a company that allows you to move into your new home now – and sell your current home after with peace of mind.
How much does the program cost?
It’s free to get started and see how much equity you can unlock. If you decide to transact using the program, there is a flat fee of 2.4%* of the departing residence home sale.
Can I choose my own lender?
Yes! You are free to choose your own lending partner and the vast majority will work with us on this program.
How do you determine how much equity I can unlock from my current home?
The amount of equity you can unlock is determined using HomeLight’s proprietary algorithm, which takes into consideration the estimation of your home’s value, current market conditions, projected market risk, borrower financials, outstanding loans, and more. You’ll be able to unlock a portion of the overall equity you have in your home upfront, prior to selling the home — and will receive the remainder of your equity after the home sells, less program fees and expenses.
What if my home is already listed?
There is no limit for how many cumulative days a property has been listed on the market at time of submission. However, the total number of listed days can affect your Equity Unlock Amount based on the risk profile of the property.
How long do I have to sell my home?
We will have 90 days to sell your departing home, which is plenty of time! In the event that we are not able to sell your home within 90 days, our partner will purchase the home at the Loan Payoff Value, then we will relist on the market again. Any proceeds from the transaction in excess of the Loan Payoff Value amount will be passed on to you once the sale closes.
If you have another question or would like more information on this program, please give us a call or contact us by filling out the form below!
Rancho Palos Verdes Realtor Broker Associate Karen Anderson, along with her Real Estate Team, The Prestige Team, has been selling residential real estate in the South Bay, including Rancho Palos Verdes, San Pedro, and far beyond LA County, for over 27 years and is ranked in the top 1% of realtors in Rancho Palos Verdes. We specialize in transforming homes into impeccably presented real estate listings that command top dollar in the shortest amount of time!
Learn more about us below!
The Residential Purchase Agreement is 10 pages of terms and conditions that stipulate every aspect of the purchase, and we know exactly how to use them to your complete advantage!
As experienced Full-Service Realtors, we know how to leverage you buying and bargain power. Whether competing to get your offer accepted or negotiating repairs, our goal is to get you a great deal!
The added benefit of working with The Prestige Team is that one of our Real Estate Professionals is always available to help. No missed opportunities!
Need help with decluttering? Whether you need a few boxes and an extra set of hands, have a house full of items that need to go, we have the resources in place ready to assist with your needs!
Schedule Management is crucial if you have a time frame in mind for the sale of your home. Let us use our experience to ensure every aspect of preparing your home for the market stays on schedule!
The added benefit of working with The Prestige Team is that one of our Real Estate Professionals is always available to help. No missed opportunities!
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