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Navigating the process of buying a new home in Tahoe Vista, 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 Tahoe Vista, CA or getting it ready for the market.
Identify the new home you want to buy in Tahoe Vista, 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 Tahoe Vista, 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 Tahoe Vista, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tahoe Vista, 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 Tahoe Vista, 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 Tahoe Vista, 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 Tahoe Vista, 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 Tahoe Vista, 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 Tahoe Vista offer numerous advantages for homebuyers and property investors. They provide quick financing solutions to bridge the gap between the purchase of a new property and the sale of an existing one. This type of loan can help facilitate a smooth transition without the stress of a traditional home sale contingency. Tahoe Vista, located in Placer County, California, has a population of around 1,500 residents. The area boasts stunning views of Lake Tahoe and offers a serene environment for outdoor enthusiasts. With a mix of permanent residents and vacation homeowners, Tahoe Vista enjoys a diverse and vibrant community. The housing market in Tahoe Vista is competitive, with a mix of single-family homes, townhouses, and vacation rentals. The median home price is around $700,000, making it an attractive investment destination. Bridge loans can provide buyers with the flexibility and financial assistance needed to secure properties in this competitive market. Some main attractions in Tahoe Vista include the North Tahoe Regional Park, where residents and visitors can enjoy hiking, picnicking, and various outdoor activities. The nearby sandy beaches offer opportunities for swimming and water sports during the summer months. The Old Brockway Golf Course is also a popular spot for golf enthusiasts.
Benefits of Bridge Loans in Tahoe Vista, California
