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Navigating the process of buying a new home in Topaz, 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 Topaz, CA or getting it ready for the market.
Identify the new home you want to buy in Topaz, 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 Topaz, 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 Topaz, CA to pay down the bridge loan balance, including any accrued interest.
Finally, we help you refinance into a traditional permanent mortgage in Topaz, 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 Topaz, 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 Topaz, 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 Topaz, 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 Topaz, 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 valuable benefits for homeowners in Topaz, California. They provide access to quick funds, allowing individuals to bridge the financing gap between the purchase of a new home and the sale of their current one. These loans are especially beneficial in competitive real estate markets, enabling buyers to secure their dream home without being contingent on selling their existing property. Demographics: Topaz, California, is a charming town located in the Eastern Sierra region. With a population of approximately 300 residents, it offers a close-knit community feel ideal for families and retirees seeking a peaceful lifestyle amidst stunning natural surroundings. Housing Market: The housing market in Topaz is characterized by a mix of single-family homes, ranch properties, and picturesque cabins. The area's real estate values have shown steady appreciation in recent years, making it an attractive investment opportunity for buyers and sellers alike. Main Attractions: Topaz is renowned for its outdoor recreational opportunities, including fishing, hiking, and camping in the nearby Topaz Lake and Toiyabe National Forest. The town's proximity to the Sierra Nevada mountains also makes it a popular destination for nature lovers and outdoor enthusiasts.
Benefits of Bridge Loans in Topaz, California
