Buy Before You Sell Your House
Make A Winning,
All-cash Offer Today.
In conventional home-buying, you must sell your home to buy your next one. This leads to rushed decisions and unnecessary stress. Not anymore.
Not only that, you don't have to look for temporary housing to live in between homes.
With our vendor partner, you get the cash you need to buy before you sell, so you stay in control.*
Our Finance Partner lets you secure your next home using their cash. Then, you sell your current home for full market value. Here are the steps.
Get Approved
Our Finance Partner approves you for a specific amount so you can start shopping. Plus, you'll get a preliminary floor price, so you know what your existing home is worth.
Make a Cash Offer to buy a house before you sell yours
Our Finance Partner works with one of our agents to make a cash offer on your new home.
Win The Home
Once your new home is under contract, your local real estate agent works with our finance partner to conduct due diligence and secure your new home during the option period.
Move In
Our Finance Partner completes the purchase of your new home so you can move in or start renovations.
Sell Your Existing Home
Put your old house on the seller’s market and sell it for top dollar. If your home doesn’t sell in 6 months, Our Finance Partner will buy it from you.
Buy Your New Home Back Before After You Sell Yours
Now that you’ve sold your existing home secure a mortgage and close on your new dream home by purchasing it from our finance partner.
Frequently Asked Questions
Is there any risk of buying before selling a house?
Yes, there are some risks. One of them is the mortgage issue. You might have to end up dealing with two mortgages. If you contact a mortgage lender, they will want you to cover the expenditure of both houses. You have to prove the debt-to-income ratio is sufficient. Another big challenge is facing the down payment issue while your investment and equity are tied up with your current house.
What are the ways of buying before selling?
You can buy a new house before selling your current one in various ways, such as selling in the seller's market, buying with a home sale contingency, buying with a bridge loan, using a home equity loan, etc. The home equity line and bridge loans are the most used options.
This is not deemed an offer, appraisal, or appraised value of your home. When we say “Our Finance Partner,” we refer to a third-party independent relationship unrelated to DORRMAT. Through the process, we will connect you with our Finance Partner representative to go over the terms and limitations of their services and qualification process. This relationship can change its terms, so always seek the most current terms. Exclusions may apply.