Fathom Offers – Buy Before You Sell
These companies provide Buyers who need to SELL a home first a solid, proven method to present a ‘cash offer’ on their new home BEFORE they sell the old one.
OR just Buy With Cash, a cash-backed, Guaranteed offer to soothe the Seller of your new home!
There are a few differences in the programs. Contact me to help you walk through the options and find your perfect BBYS method!
HW
"A Homeward Offer is more than an offer. It’s the power to buy a new home as soon as it becomes available. It’s the convenience that keeps you from moving twice."- Programs: Cash Offer – Buy Before You Sell
- User Your RE Agent: Yes
- Fees: 1 – 1.9% (.5% off if use as lender)
- Credit Score: 640+
- Is Lender?: Yes (Homeward Mortgage LLC)
- Loan Types: All
- Dn Pymt: 2% Minimum
- Earnest Money: 2%
- Lease To Own?: Yes – rate @ .0072xPurch Price/30 days rent fee
- Property types not eligible: On Mkt 180+ days,Mobiles, land, unique(no comps); 200K-$3M range
UE
"Sell your old house for the best possible price. Our Buy-Before-You-Sell program gives you a guaranteed offer on your current house. Our offer is for full market price."- Programs: Buy With Cash – Buy Before You Sell
- User Your RE Agent: Yes
- Fees: .25% – 1.75% (depend on if you use as lender)
- Credit Score: 640+
- Is Lender?: Yes, optional ( LnderLab, Inc. )
- Loan Types: VA, Conv
- Dn Pymt: 3-5%
- Earnest Money: 2%
- Lease To Own?: Own new home from Day 1; UE owns old home (by assignment)
- Property types not eligible: Mobiles, Farm-Ranch, land, condos, flood zones, must be habitable
SB
"With the Sailbridge Cash Offer your clients may be able to close on their new home in as little as 10 days with no financing or appraisal contingencies"- Programs: Cash Offer – Buy Before You Sell
- User Your RE Agent: Yes
- Fees: 1 – 1.9% (.9% if use SB as long term lender)
- Credit Score: 620/680+
- Is Lender?: Yes, Optional (Flyhomes Mortgage LLC, Seattle)
- Loan Types: Conv/Jumbo
- Dn Pymt: 5% + (more if not Primary Residence)
- Earnest Money: ..
- Lease To Own?: No, Int. only short term loan based on option price of old home. Will buy old home if not sold, for option price given.
- Property types not eligible: Land, must be inspected
Kn
"Hit the market and buy your dream home with a non-contingent offer sellers will love. We lend you the money you need to buy your dream home before selling the old one."- Programs: Cash Buyer – HomeSwap – Nest
- User Your RE Agent: Yes
- Fees: $1450 – 1.25% Purch Price
- Credit Score: 620+
- Is Lender?: Yes, Mandatory (Knock Lending LLC)
- Loan Types: Conv & Jumbo
- Dn Pymt: 3% – 30%
- Earnest Money: ..
- Lease To Own?:No. Immed. loan on new home, Equity Advance on old home for 6 mortgage pymts til sold. If not sold after that time, Knock buys old home @ pre-purch price.
- Property types not eligible: 55+ comm, structural damage, unique, distressed
Rb
"Providing certainty on the journey to homeownership. Guarantee your home closes with cash-backed, contingency-free offers for buyers, sellers, their agents, and loan officers."- Programs: Boost / Reserve / Rescue
- Use Your RE Agent: Yes
- Fees: 1 – 3% dependent on program & length
- Credit Score: 640+
- Is Lender?: No. Will ‘Reserve’ your new home
- Loan Types: FHA/VA/USDA & Conv
- Dn Pymt: …
- Earnest Money: …
- Lease To Own?: “Reserve” & rent back 6-12 mos. while financing/sale is complete. After 180-365 days no sale, Ribbon resells.
- Property types not eligible: Short sales, foreclosures, manufactured, and modular homes (under 100K, or over 500K, built before 1960), unrenovated vintage homes .
We gather together offers and information from ALL these Vendors in one place with Fathom Offers. This way you’ll be able to see all the options quickly to decide how best to Buy Before You Sell, or Buy With Cash.
For your home that needs renovation BEFORE you sell for top dollar,check the info at the button below:
* Some details above may be incorrect…check with me to see any updates in information
If You Are Even Considering Buying Or Selling
Now is the time to talk. Let's get a game plan together and assure that you're educated on the market. I want to be educated on your particular needs, as well. This will make all the difference in a quick & pleasant transaction.
Let's chat over coffee or over the phone. As a wise woman once said, there's never a perfect time to get started so...
CONTACT me your favorite way...
Notices
© 2012-2023 Hilary Meader, Realtor
