The Knock Home Swap program is game changer!
A constant struggle for homeowners who want to move is, how to navigate buying your next home while selling your current one. In a balanced or a buyer’s market, buying a home contingent on selling your current home is common. In a seller’s market like we are experiencing now, sellers are less apt to accept a contingent offer.
Knock is a mortgage lender who offers their Home Swap program as an alternative to high cost bridge loans and i-buyers.
With the Knock Home Swap program, a homeowner has the power of a contingent-free, cash buyer by being pre-funded for a competitively priced mortgage and an interest-free bridge loan. The interest-free bridge loan can cover the down payment on the new home, home repairs, and up to six months of mortgage payments on the old house.
Home Swap customers are able to sell their home on the open market for the maximum sale price without the hassle of living through repairs or showings. They also receive Knock’s 30-day closing guarantee, Home Prep Concierge and a backup offer on the old house in the unlikely event that it doesn’t sell within six months.
Knock has partnered with HomeSmart to bring its innovative home loan solutions to homeowners throughout Colorado. I became a Knock Certified Agent so I could offer another tool to help reduce the stress and uncertainty for my clients. Now you can buy your new home before selling your current house and avoid a double payment situation while holding two mortgages, or worse, selling your home without finding one at all.
Contact me for more information about this game changing program.