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Navigating the process of buying a new home in Goree, 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 Goree, TX or getting it ready for the market.
Identify the new home you want to buy in Goree, 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 Goree, 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 Goree, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Goree, 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 Goree, 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 Goree, 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 Goree, 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 Goree, 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 Goree, Texas offer a valuable solution for individuals looking to buy a new home before selling their current one. These short-term loans provide quick access to funds, bridging the financial gap during the transition period. They enable buyers to secure their dream home without being contingent on the sale of their existing property. Demographics: Goree, Texas, is a small town with a close-knit community. The population is approximately X, with a median age of X years. The town boasts a diverse population, including families, young professionals, and retirees, creating a rich tapestry of culture and experiences. Housing Market: The housing market in Goree, Texas, is competitive yet affordable. The median home price is around $X, and properties range from charming historic homes to modern builds. With a range of housing options available, buyers can find a residence that suits their preferences and budget. Main Attractions: Goree offers a unique blend of outdoor beauty and cultural experiences. Residents can enjoy exploring nearby parks, visiting local art galleries, and participating in community events. With its friendly atmosphere and scenic surroundings, Goree provides a peaceful escape from the hustle and bustle of city life.
Benefits of Bridge Loans in Goree, Texas
