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Navigating the process of buying a new home in Burson, CA 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 Burson, CA or getting it ready for the market.
Identify the new home you want to buy in Burson, CA, 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 Burson, CA 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 Burson, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Burson, CA. 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 Burson, CA 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 Burson, CA 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 Burson, CA 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 Burson, CA 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 offer a short-term financing option for individuals or families looking to purchase a new home before selling their existing property. In a competitive real estate market like Burson, California, bridge loans can provide the financial flexibility needed to secure a new home quickly. Located in Calaveras County, Burson is a small, rural community with a population of approximately 500 residents. The area boasts a peaceful setting surrounded by picturesque vineyards and rolling hills, making it an ideal location for those seeking a quiet retreat from city life. The housing market in Burson is characterized by a mix of traditional single-family homes and spacious ranch properties. With the median home value in the area hovering around $300,000, the real estate market in Burson offers affordable housing options compared to neighboring cities like Sacramento or San Francisco. When visiting Burson, be sure to explore its main attractions such as the scenic New Hogan Lake, which offers opportunities for fishing, boating, and picnicking. Additionally, wine enthusiasts can enjoy tours and tastings at the local wineries, experiencing the unique flavors of the region's renowned vineyards.
The Benefits of Bridge Loans in Burson, California