Home Swap vs Traditional Buying and Selling
| Home Swap vs Traditional Buying and Selling | Home Swap | Traditional |
|---|---|---|
| Leverage your equity to lower your rate and put 30% down |  |
 |
| Buy the home you want before selling the house you have | |
|
| Avoid living through repairs and showings | |
|
| Avoid paying for double moves and double mortgages | |
|
| Get up to $25k to prepare your old house for listing, so you can sell for top dollar | |
|
How Home Swap Works: A Step-by-Step Guide
Get prequalified
Find out if you’re eligible for the Home Swap in just 3 minutes. Need to submit photos of every room in your house to the team.
Begin Pre-Approval
Get pre-approved for a Home Swap mortgage. Check your credit and verify your debts, assets, income, and supporting documents to determine your purchasing power. You will be assigned a dedicated Mortgage Loan Advisor.
Get your new Mortgage
In as little as 48 hours upon receipt of your loan application and supporting documentation, your Mortgage loan advisor will work to get you preapproved for a Home Swap mortgage and you’ll be all set to buy your new home.
Find your dream home
Once you find your dream home, we will make a competitive, non-contingent offer on it – and win!
Start Planning your move
Once you’ve closed, it’s time to start planning your move. You can move when it make the most sense for you. Typically, it’s within 2 weeks of the closing but we will determine the best timeline.
Enjoy life in your new place
Once you’ve moved in, it’s time to get settled in your new home. You’ll only pay your new mortgage. The program will cover payments on your old loan for up to 6 months. We will work with the title company or closing attorney to ensure everything is progressing smoothly.
Prep the old house for sale
You’ll get an advance of up to $25,000 and access to our contractor network so you can get your house ready for selling. You’ll manage any home prep with us and work with the program’s Marketability Team throughout.
Lease with ease
After your home is in top condition, we will list your house on the open market and manage showings with potential buyers and work to get your listing sold.
Sell for top dollar
When your house sells, you’ll use the proceeds from the sale to pay the program back for any costs covered during the process, plus regular closing cost. It’s that simple. You’ll work with us and closing attorney to get the deal to the finish line.
WHAT CAN YOU GET? –
Convenience
- Leverage your equity to lower your rate and put 30% down.
- Buy the home you want before selling the house you have.
- Avoid living through repairs and showing.
- Avoid paying for double moves or double mortgages.
- Get up to $25k to prepare your old house for listing so you can sell for top dollar.
Only Bexley Realty Group helps buyers and sellers, from assisting with searching for and financing a new property to paying home preparation fees so that you may sell your old house at an expensive rate.