Buy Before You Sell: Homeward Review

Описание: Buy before you sell with Homeward. Shannon Mangin discusses a common dilemma faced by homebuyers: needing to sell their current home before buying a new one without the risk of being left homeless or having to move twice. The solution presented is Homeward, an Austin-based company offering an alternative to bridge loans. Homeward allows buyers to purchase a new home using cash before selling their existing property, facilitating smoother transactions and often securing better deals as cash buyers.

The process involves Homeward buying the new home with cash, allowing the buyer to move in and sell their old home at their convenience. The service includes a convenience fee of about 1.9%, with potential discounts if using Homeward’s lending services, and a holding fee similar to rent. Shannon also highlights the importance of working with real estate agents to ensure proper home pricing and market value assessments, and explains that Homeward’s approval process can take a few days.

Shannon shares a success story of clients who benefited from Homeward, securing a home in Austin while selling their out-of-state property, saving money even after paying the fees. However, they caution that Homeward may not be ideal for everyone, particularly those with unique or hard-to-sell properties. Overall, the video provides a detailed overview of Homeward, its benefits, and considerations for potential users.

CHAPTERS
00:00 Homeward Introduction
01:00 Homeward Pros
04:32 Homeward Cons
05:22 Homeward Approval Process
06:23 Homeward Conclusion

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The Mangin Team at Real Broker
Shannon Mangin and Tyler Mangin, REALTOR®
Austin, Texas
512.866.5845
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