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Navigating the process of buying a new home in Doss, 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 Doss, TX or getting it ready for the market.
Identify the new home you want to buy in Doss, 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 Doss, 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 Doss, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Doss, 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 Doss, 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 Doss, 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 Doss, 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 Doss, 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 Doss, Texas provide a valuable financial solution for individuals who are in need of temporary funding to bridge the gap between the purchase of a new home and the sale of their existing one. These loans offer fast access to capital and flexibility in repayment terms, allowing homeowners to proceed with their real estate transactions without delays. Doss, Texas, is a small unincorporated community located in Gillespie County. With a population of approximately 225 residents, Doss offers a tight-knit community atmosphere and a serene rural lifestyle. The area is known for its picturesque landscapes, rolling hills, and abundant wildlife, making it an ideal location for nature lovers and outdoor enthusiasts. The housing market in Doss, Texas, is characterized by a mix of traditional ranch-style homes, spacious properties, and vacant land parcels. The area's real estate market is relatively stable, with moderate appreciation rates and ample opportunities for property investment. Bridge loans play a crucial role in facilitating real estate transactions in Doss by providing homeowners with the necessary funds to secure new properties while awaiting the sale of their existing homes. Some of the main attractions in Doss and its surrounding areas include the Enchanted Rock State Natural Area, a popular destination for hiking, rock climbing, and stargazing. Additionally, visitors can explore local wineries, historic sites, and cultural events that showcase the rich heritage of the Texas Hill Country region.
Benefits of Bridge Loans in Doss, Texas