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Navigating the process of buying a new home in Tahoma, 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 Tahoma, CA or getting it ready for the market.
Identify the new home you want to buy in Tahoma, 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 Tahoma, 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 Tahoma, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Tahoma, 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 Tahoma, 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 Tahoma, 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 Tahoma, 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 Tahoma, 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 offer a convenient financial solution for those looking to purchase a new property before selling their existing one. In Tahoma, California, these loans can provide quick access to funds, allowing buyers to secure their dream home without worrying about the delay in selling their current property. Demographics: Tahoma is a picturesque town located on the western shore of Lake Tahoe. With a population of around 1,191 residents, it offers a tight-knit community feel perfect for families or retirees looking for a peaceful yet vibrant place to call home. Housing Market: The Tahoma housing market is characterized by a mix of charming single-family homes and stunning lakefront properties. The demand for housing in Tahoma remains strong due to its scenic location and proximity to outdoor recreational activities, making it an attractive investment for buyers seeking both primary residences and vacation homes. Main Attractions: Tahoma boasts attractions such as the picturesque Sugar Pine Point State Park, offering hiking and biking trails amidst towering pine trees, and proximity to popular skiing destinations like Homewood Mountain Resort. Residents also enjoy easy access to the crystal-clear waters of Lake Tahoe for water sports and relaxation.
Benefits of Bridge Loans in Tahoma, California
