Step 1: Check Your Current Home Equity
We'll need to know how much equity you have in your current home. Just provide:
- Your estimated home value
- Your current mortgage balance That's it! We'll calculate your available equity instantly.
I am Ready to Sell and Buy a New Home
Bridge Loans and More Resources to Buy when you are Ready to sell.
Is a Bridge Loan Right for You?
Want to buy your next home before selling your current one?
A bridge loan could be your perfect move. Find out if you qualify for a no-payment option to make your transition stress-free.
Step 2: Share Your Dream Home Details
Tell us about the home you want to buy:
- Purchase price
- Timeline to buy We'll show you exactly how a bridge loan can help you make it happen.
Frequently asked questions
I Need to Sell My House Before Buying. What Are My Options?
You've got three main paths:
1. Bridge loan (buy first, sell later)
2. Traditional (sell first, then buy)
3. Sell and Rent temporarily
With today's technologies, we can help you time everything perfectly with our network of top local agents who know how to coordinate the buy-sell dance. Let's explore which path fits your situation best.
What If I Have Debt to Pay Off from My Home Sale?
Whether it's a second mortgage, HELOC, or other debt, we'll help map out your net proceeds from selling. Our loan advisors can show you exactly how much you'll walk away with and what you can afford on your next purchase. Sometimes, you have more buying power than you think – let's run the numbers.
How Do People Buy and Sell Without a Bridge Loan?
It's all about timing and having backup plans. Some options include:
- Negotiating a rent-back from your buyer to give you time to find a new home
- Making your purchase offer contingent on your home sale (works in some markets)
- Using temporary housing if needed Our partner agents are experts at timing these transitions.
What's Better: Selling First or Buying First?
The honest answer? It depends on your financial situation and local market conditions. But here's the good news: our network of experienced agents and loan advisors can help you decide. They'll look at your specific situation, the local market, and your finances to recommend the best strategy.
Need Help? Catch Mortgage has 2 great ways to execute your Sell and Buy Plan.