Check your eligibility here ➡️: https://hmlt.co/183e2d6c
Skip the double-move and the “in-between” housing!
Moving is a lot—especially when you have a full house, busy jobs, and pets to consider. The traditional way of selling first and then buying can feel like a logistical nightmare.
What if you could move into your new home now and sell your old one later? With HomeLight Buy Before You Sell (BBYS), you can do exactly that. No more living out of boxes twice or worrying about where you’ll stay while you wait for your home to close.
Huge benefits of this program for you as the seller: You can make a non-contingent offer on the home you’d like to buy, which is stronger in a competitive market. You can avoid the cost and headache of a “double move” or temporary storage/housing. And a vacant, staged home often sells for a higher premium than one the seller is still living in.
The “Safety Net”: If your home doesn’t sell on the open market within 90–120 days, HomeLight will purchase it at a guaranteed backup price to ensure you’re never stuck with two mortgages.
You may have heard of typical “bridge loans” but here is one more amazing fact about this program: It is a 0% Interest Loan
Unlike a traditional bridge loan from a bank, which typically has a high interest rate (often 8%–10% or more), HomeLight’s “Equity Unlock” is a 0% interest loan.
There are no monthly interest payments.
The money is sent directly to the closing agent for the new home purchase.
BBYS Quick Reference FAQ
- “How much does it cost me?” (The Client)
The Program Fee: Typically 2.4% of the final sale price of the current home.
Optional Savings: If the client uses HomeLight Closing Services, they can often waive a $1,500 administrative fee.
Why it’s worth it: Most sellers make this back by selling their home vacant and staged (which typically nets a 5–10% higher sale price) and by being able to make non-contingent offers on their new home, which can lead to a lower purchase price.
- “What if my home doesn’t sell?”
The Guaranteed Backup: If the home isn’t under contract within 90 days, HomeLight will step in and buy it at a pre-agreed “Guaranteed Offer Price.”
The Upside: If HomeLight buys it and then sells it later for more than they paid, the client still gets that extra profit (minus their holding costs).
- “Do I have to use a specific lender?”
Flexibility: No, clients can use any lender they want. However, using a HomeLight-integrated lender can sometimes streamline the process and potentially lower the program fee.
- “How much equity do I need?”
The Rule of Thumb: Generally, clients need at least 30% equity in their current home to qualify. HomeLight will verify this with a quick (free) analysis of their current mortgage balance.
- “Do I have to move twice?”
The ‘Once and Done’ Move: This is the biggest selling point! You buy the new house, move your stuff in, and then list the old house. No temporary apartments or storage units needed.
Text me at 320-260-8149 or e-mail me at nicoleinsaintcloud@gmail.com and I’ll send you a short video highlighting HomeLight’s BBYS program.
