Success!
You've taken an important first step to purchasing your next home.
Next Steps
Here's what you can expect:
A member of our team will call you shortly to finalize your search.
During your call, an experienced agent will work with you to understand your needs and goals.
Following your session, you'll receive a customized plan to help find the perfect home for you.
We look forward to speaking with you soon. You can also reach us directly at 425.512.1985. (Monday-Friday, 8AM-6PM Pacific Time)
Have questions about buying & selling? Hop on a consultation call with our real estate experts!
I need to sell my home first!
This is extremely common, and the key is timing and preparation.
You have 3 options:
1. Sell first and buy with the proceeds
2. Submit a contingent offer
3. Use a Bridge loan so you're not rushed or homeless.
With the right planning, all 3 of these methods are completely manageable.
Book a call with our real estate professional for a free consultation on which plan is best for you!
Do contingent offers still work?
Absolutely! It's still a common method to purchase a home, but they're tougher to get accepted.
Submitting a contingent offer to the seller means that you will purchase the home... IF your home sells.
Naturally, that is not a strong offer.
To make a strong contingency offer, you should:
-List your home within 5 days of mutual acceptance (or already be on market)
-Have your preapproval ready
-Cater your offer to what the sellers need
-Work with an agent who understands the process
If those pieces are in place, contingency offers can absolutely win.
What financing options are best for downsizers with equity?
If you’ve got equity, you've got options to make the transition smooth.
The top choices for financing are:
1. Bridge loan
2. Home Equity Line of Credit (HELOC)
Both allow you to make strong, non-contingent offers that sellers love.
It also avoids having to find temporary housing between the purchase & sale, and keep the process stress-free.
Want to see if a bridge loan or HELOC is for you? Check out our lender partner here
What is a bridge loan?
A bridge loan is a short-term loan that lets you buy your new home before selling your current one, using the equity in your existing property to cover the down payment or purchase.
It typically lasts 6-12 months and you repay it fully once your old home sells.
This allows you to have a seamless move. No temporary housing needed, and the ability to make strong non-contingent offers.
Want to see if a bridge loan is for you? Check out our lender partner here
I need a pre-approval!
We work with vetted lender professionals!
Our lender partner can show you all your financing options.
eXp Realty | Licensed Real Estate Brokerage in Washington State