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Navigating the process of buying a new home in Seadrift, 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 Seadrift, TX or getting it ready for the market.
Identify the new home you want to buy in Seadrift, 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 Seadrift, 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 Seadrift, TX to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Seadrift, 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 Seadrift, 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 Seadrift, 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 Seadrift, 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 Seadrift, 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 Seadrift, Texas offer numerous benefits to individuals seeking temporary financing solutions. These loans provide quick access to capital, enabling borrowers to bridge the gap between the purchase of a new property and the sale of an existing one. This flexibility can be crucial in a competitive real estate market, allowing buyers to secure their dream home without being contingent on the sale of their current property. Seadrift, Texas, is a coastal town with a diverse population. The town has a mix of residents, including families, retirees, and vacationers who are attracted to its natural beauty and laid-back lifestyle. The demographics of Seadrift create a welcoming community for individuals of all backgrounds, fostering a strong sense of belonging and inclusivity. The housing market in Seadrift, Texas, is characterized by a range of property types, including waterfront homes, ranch-style houses, and cozy apartments. With the help of bridge loans, buyers can take advantage of the variety of housing options available in Seadrift. The market offers opportunities for both buyers and sellers, with competitive prices and a steady demand for properties. Aside from its real estate appeal, Seadrift, Texas, boasts several main attractions that draw visitors and residents alike. From its scenic beaches and fishing spots to its local eateries and shops, Seadrift offers a quaint coastal experience. Outdoor enthusiasts can enjoy activities like boating, fishing, and birdwatching, while foodies can savor fresh seafood and local cuisine.
Benefits of Bridge Loans in Seadrift, Texas