The Gifford Group has the answers
Buy before you sell. We have access to a program that empowers you to buy a new home before you even list this house for sale. This program providing funds for prepping your listing, allow access to equity in your home to use as a down payment on the new house and offers mortgage payment coverage.
If you are interested in convenience, certainty, and cost savings - let's explore this option for your move. Learn more about the home swap program.
It is the ultimate combination of convenience, certainty, and cost-effectiveness. We are one of the few agents in this market who can give you access to the home exchange.
Buy a new home without having to sell the old one first, or at the same time. Close on a new house in half the time (or less) of a typical financed offer.
How to buy another house before selling yours!
Start making offers on homes with your fully pre-approved mortgage. Win your dream home with a strong, competitive offer.
How you can put an offer on a house before selling yours!
The program empowers you to buy your new home prior to selling your old house on the market for maximum value. Here’s how it works:
Absolutely! As long as the home will be used as the primary residence, the Home Swap can be used to buy and sell condos, townhomes, and single-family homes.
Yes absolutely! As long as the builder is funding the cost of construction prior to the final closing (most large builders do this). There are some specific details unique to new construction deals depending on time to build (related to pre-approval requirements and rate locks) that you’ll want to review with the Loan Advisor once we’ve received your application.
For all of the convenience and certainty offered with the Home Swap, there is a 1.25% convenience fee on the purchase of your new home. You can either pay this at closing or roll this into your equity advance. This convenience fee is similar to an origination fee, which many lenders charge.
For clients who go under contract on or after March 1, 2022, there will be a $250 processing fee added to the Knock Equity Advance loan. This fee will be in addition to the current $1450 lender fee on the new mortgage, meaning total lender fees (other than the 1.25% convenience fee) for Knock Home Swap.
With the Home Swap, you only pay one mortgage at a time. You’ll pay the mortgage on your new home, immediately building equity, while the monthly mortgage payments on your old house are covered.
With the Home Swap, you’ll list your existing house on the market after you’ve purchased and moved into your new home. The goal is for you to sell your listing on the market for max value. That said, on the off chance your listing doesn’t sell on the market, you’ll have the option to take an offer that is provided upfront.
Closing Guarantee Knock guarantees that we’ll close in 30 days with the Knock Closing Guarantee. If not, you’ll get $5,000 back from Knock.
Learn more here.
Contact us today, Learn more here.
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Amber Gifford, Trec Lic. #0732687
Scotty Gifford TREC Lic. #0740987
Scotty Gifford NMLS ID # 2357310
We lending id # 1457930
Broker FYI Realty - Invest in Your Future -
Broker is FYI REALTY, Lender is WE Lending