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Navigating the process of buying a new home in Inverness, 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 Inverness, CA or getting it ready for the market.
Identify the new home you want to buy in Inverness, 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 Inverness, 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 Inverness, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Inverness, 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 Inverness, 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 Inverness, 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 Inverness, 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 Inverness, 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 Inverness, California offer a seamless solution for homeowners seeking to purchase a new home before selling their current one. This type of financing provides the flexibility and convenience of accessing funds quickly, allowing for a smooth transition without the stress of timing constraints. Demographics: Inverness, California, is a charming coastal town located in Marin County. With a population of around 1,400 residents, the community offers a peaceful and close-knit environment. The town attracts a mix of retirees, families, and outdoor enthusiasts looking to enjoy the natural beauty and tranquility of the area. Housing Market: The housing market in Inverness, California, features a diverse range of properties, including waterfront homes, cozy cottages, and modern estates. The market is competitive yet stable, with a median home price of approximately $1.2 million. Bridge loans provide buyers with the financial leverage to secure their dream home in this desirable location. Main Attractions: Inverness is renowned for its scenic landscapes, including Point Reyes National Seashore, Tomales Bay State Park, and numerous hiking trails. The town offers a vibrant arts and culture scene, with local galleries, shops, and restaurants showcasing the region's unique heritage and creativity.
Benefits of Bridge Loans in Inverness, California
