Creating and Curating a Community
Buy Before You Sell
A New Way To Buy at The Dwellings
The Program Basics
Join the Program and Rediscover Your Confidence
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Eligible households with sufficient home equity can purchase a new home before selling their current one, eliminating the need for a bridge loan.
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Available to homeowners with at least 30% equity, with specific restrictions on qualifying transactions.
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A solution for those feeling stuck, providing a smoother process for eligible buyers to enjoy their new home without delays. No need to have your home on the market over the Holidays.
Flexible Timelines
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Enjoy a smooth transition to a new home without the necessity of having your current home on the market during the Holidays.
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Buyers have 90 days post-closing on the new home to finalize the sale of their current residence.
Costs & Coverages
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The up-front cost is 2.4% on the unlocked equity, covered entirely by Workbench and Firmus once the buyer is cleared to close on a home at The Dwellings.
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No interest is charged, and the program aims to unlock maximum equity, offering up to 4 months' mortgage and moving expenses.
Upside Gaurantee
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If the current home sells for more than the unlocked equity amount, buyers receive additional proceeds per the upside guarantee, less regular selling costs and a 2.5% program fee.