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Navigating the process of buying a new home in Buckholts, 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 Buckholts, TX or getting it ready for the market.
Identify the new home you want to buy in Buckholts, 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 Buckholts, 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 Buckholts, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Buckholts, 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 Buckholts, 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 Buckholts, 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 Buckholts, 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 Buckholts, 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 Buckholts, Texas offer several benefits to homebuyers and property investors. These short-term loans provide quick access to funds for purchasing a new property before selling an existing one, helping to avoid delays in real estate transactions. They can also be used to finance renovation projects, consolidate debt, or cover unexpected expenses. Demographics: Buckholts, Texas, is a small town with a population of approximately 387 residents. The community is close-knit, with a mix of families and retirees. The town has a rural feel and offers a peaceful environment away from the hustle and bustle of larger cities. Housing Market: The housing market in Buckholts, Texas, is characterized by affordable prices and a range of property types. Bridge loans can help buyers take advantage of favorable market conditions and secure their dream home. With the assistance of bridge loans, individuals can act quickly in a competitive market. Main Attractions: While Buckholts is a small town, it offers a variety of attractions for residents and visitors. Outdoor enthusiasts can enjoy hiking and fishing at nearby parks, while history buffs can explore local museums and cultural sites. The town's charm and community events make it a welcoming place to call home.
Benefits of Bridge Loans in Buckholts, Texas