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Navigating the process of buying a new home in Garberville, 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 Garberville, CA or getting it ready for the market.
Identify the new home you want to buy in Garberville, 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 Garberville, 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 Garberville, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Garberville, 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 Garberville, 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 Garberville, 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 Garberville, 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 Garberville, 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 in Garberville, California offer a flexible financing solution for homeowners looking to purchase a new property before selling their existing one. This type of loan can help bridge the gap between the purchase of a new home and the sale of the current one, ensuring a smooth transition without the stress of timing constraints. Demographically, Garberville is a small town located in the heart of the Redwood Empire. With a population of around 913 residents, the town offers a tight-knit community feel with a mix of artists, professionals, and outdoor enthusiasts. The median household income is $28,864, and the median property value is $362,500. The housing market in Garberville is dynamic, offering a range of opportunities for buyers and sellers. Currently, the market trends show a steady increase in property values, making it an attractive investment opportunity. Bridge loans can provide the financial flexibility needed to take advantage of these market conditions. Main attractions in Garberville include the Avenue of the Giants, a scenic drive through towering redwoods, the Richardson Grove State Park for outdoor activities, and the Garberville Theatre for entertainment. These attractions cater to residents and tourists alike, making Garberville a charming place to live and visit.
Benefits of Bridge Loans in Garberville, California
