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Navigating the process of buying a new home in Squaw Valley, 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 Squaw Valley, CA or getting it ready for the market.
Identify the new home you want to buy in Squaw Valley, 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 Squaw Valley, 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 Squaw Valley, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Squaw Valley, 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 Squaw Valley, 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 Squaw Valley, 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 Squaw Valley, 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 Squaw Valley, 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 Squaw Valley, California offer a valuable financing option for individuals looking to purchase a new home before selling their current one. These loans provide temporary funding to bridge the gap between the purchase of a new property and the sale of an existing one, enabling buyers to secure their dream home without the stress of waiting for their old property to sell. Squaw Valley, located in Placer County, California, is a picturesque mountain community known for its stunning natural beauty and world-class skiing. The area boasts a diverse population, with a mix of full-time residents and vacation homeowners attracted to the area's outdoor recreational opportunities and close-knit community atmosphere. The housing market in Squaw Valley is dynamic, with a range of luxury properties, mountain cabins, and condominiums available for sale. The market offers opportunities for both buyers and sellers, with competitive pricing and a variety of financing options, including bridge loans, to help facilitate real estate transactions in the area. Some of the main attractions in Squaw Valley include the renowned Squaw Valley Ski Resort, which offers top-tier skiing and snowboarding experiences, as well as a vibrant village with shops, restaurants, and entertainment options. Additionally, the area is surrounded by breathtaking natural landscapes, including hiking trails, lakes, and scenic vistas, making it a popular destination for outdoor enthusiasts year-round.
The Benefits of Bridge Loans in Squaw Valley, California