Many homeowners like you need to tap into the equity of your current home to purchase your next home. With Buy Before You Sell, you can do just that — and have the best possible outcome on your transaction.
The Benefits
How it Works
FAQs
How do you determine how much equity I can unlock from my current home?
The amount of equity you can unlock is determined using HomeLight’s proprietary algorithm, which takes into consideration an estimation of the home’s value, current market conditions, projected market risk, borrower financials, outstanding loans, and more. You’ll be able to unlock a portion of the overall equity you have in your home upfront, prior to selling the home — and will receive the remainder of your equity after the home sells, less program fees.
How much does it cost?
The cost of the program is 1.7% of the home sale if you the program's lending and closing services. It's 2.4% of the home sale if you choose to use an outside lender and closing company. Please note that fees are subject to change and may vary based on market conditions. Minimums may apply.