In other words, in the pool of potential buyers, you need an advantage.
In addition to knowing the neighborhoods you’re interested in, distinguishing between the must-haves from the nice-to-haves in your next home, and getting pre-qualified, you may need to sell your current house. Typically, that means listing it, prepping it for sale and hoping the timing works out.
The good news - there’s a better way.
Introducing Orchard’s Move First service.
With Orchard’s Move First service, you can unlock equity to buy your next home without rushing to sell first with this new service. And when it’s time to sell, Orchard takes the lead with the preparation and follow-up to reduce the work and eliminate the stress.
Tell us a bit about your current home and goals and we’ll match you with one of our experienced Home Advisors. They’ll answer any questions while we conduct a home assessment to determine your instant equity - the amount you can unlock to buy before you sell.
2. Buy before you sell
Get up to 90% of your home value upfront to put toward your new home purchase. With your instant equity, you become a non-contingent buyer and can make a strong offer even before we list your home.
3. Sell without the stress
After you move, we’ll handle getting your home list-ready with a complimentary cleaning, professional photos, and a 3D tour. When your home sells to a new buyer, you’ll receive the additional proceeds above your instant equity amount.
If you’re buying and selling a house with a mortgage all at once, things can get a little tricky. It’s unlikely that both transactions can happen at the same time, so there are few paths you can take, but none are ideal.
You can try to put a contingency on your offer, but in today’s real estate market, you can easily lose your dream home to a buyer without a contingency.
Without a contingency, you may end up with two mortgages.
If you decide to sell your current home first, you might need to move into temporary housing, which can be both stressful and costly.
And if you have to move twice, you’ll likely have to spend significant time and money moving most of your belongings into storage.
With Orchard, there’s a better way
In today’s housing market, buyers need to be ready when the right home comes along. Orchard’s Move First option provides the best of both worlds - the financial position to buy a new home on your terms and a way to optimize the value of your current home. All while reducing the work for you and eliminating the stress.
If you’ve been thinking about moving but have been reluctant because you don’t want to get stuck with two mortgages or make a quick decision, let Orchard help.