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Navigating the process of buying a new home in Batson, TX while selling your current one can be challenging. Horizon Lending Services' Bridge Loan program provides an ideal solution for a smooth transition, especially in today's competitive market where contingency offers are frequently not accepted.
Start by listing your current home for sale in Batson, TX or getting it ready for the market.
Identify the new home you want to buy in Batson, TX, make an offer, and reach an agreement with the seller. You can then proceed with the purchase using our bridge loan.
Our bridge loan program in Batson, TX often does not require a down payment, freeing you from the need to come up with additional funds.
After your current home sells, we use the profits in Batson, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Batson, TX. You can choose to roll in all closing costs during this process, potentially requiring no money at the closing table.
Many of our bridge loans in Batson, TX do not require a down payment, making it easier for you to transition to your new home.
You don’t need to qualify for both mortgage payments simultaneously.
Bridge loan payments in Batson, TX may be deferred, meaning no payments are due while you are using the bridge loan.
You can pay off the bridge loan early without any penalties.
Our bridge loan in Batson, TX provides the financial flexibility and convenience you need to buy a new home without waiting for your current home to sell, avoiding the hassle of managing two mortgages or making contingent offers. We handle the details, ensuring a seamless transition from your bridge loan in Batson, TX to permanent mortgage financing, making the process as smooth as possible for you.
Ready to make your move? Contact us today to get started!
Bridge loans in Batson, Texas offer a variety of benefits to homeowners and investors. These short-term loans provide quick access to funds to bridge financial gaps when buying a new home before selling the current one. They can help avoid contingent offers, secure desirable properties, and provide flexibility in real estate transactions. Demographics: Batson, Texas, is a small, tight-knit community located in Hardin County. It has a population of approximately 1,500 residents, with a mix of families, professionals, and retirees. The town has a strong sense of community, with local events and gatherings bringing people together. Housing Market: The housing market in Batson offers a mix of affordable single-family homes, ranch properties, and land for development. With steady demand from both local buyers and those looking to relocate to a more rural setting, the market is stable and has seen gradual appreciation in property values. Main Attractions: While Batson is known for its serene countryside and outdoor recreational opportunities like fishing and hunting, it also boasts charming local shops, restaurants, and cafes. The town's proximity to larger cities like Beaumont and Houston makes it an ideal location for those seeking a quieter pace of life without sacrificing access to urban amenities.
Benefits of Bridge Loans in Batson, Texas
