POWERED BY HOMELIGHT TRADE-IN
Buy Before You Sell Requirements
Move into your new home now — and sell your current home with peace of mind.
The Home
- Home value: We can serve homes valued up to $2.5M
- Square feet: 750 sqft – 5,500 sqft
- At least 1 bedroom and 1 bathroom
- Solar lien (loan) to be paid off in full
- Solar lease does not need to be fully paid off, but will be factored into Equity Unlock
- Not occupied by tenants at and after time of purchase
- Fee simple only (own the property and land outright)
- No VA or FHA financing on incoming residence
- The departing residence and incoming residence cannot be a second home or investment property
Repairs & Renovations
- No ongoing renovations affecting bathrooms, kitchens, drywall, or landscaping
- No ongoing repairs or upgrades to major system such as foundation, framing, roof, plumbing, electrical, HVAC, fireplace, or chimney
Listing & DOM
- There is no limit for how many cumulative days a property has been or expects to be listed on the market at time of submission. However, the total number of listed days can affect the client’s Equity Unlock based on the property’s risk profile.
The Lot & Location
- Eligible properties: Single-family homes, townhomes, or condos*
- Less than 5 acres
- Must have access to public roads, public utilities (water, electricity), and inspected septic or well connection
- Must be zoned as residential
- Not in an age-restricted community
- Not a short-sale or pre-foreclosure
- Not subject to any leases, including tenancy, oil/gas/mineral rights
- Incoming residence must have a Certificate of Occupancy if it is a new construction
- No active foreclosures or bankruptcies
HOMELIGHT TRADE-IN
Fees apply. The fee is dependent on your market, the lender you use, and the number of days we own your home. See homelight.com/trade-in for details.
HomeLight, Inc. CA DRE #01900940 | Eave, Inc. DBA HomeLight Home Loans NMLS # 1529229 Licensed by the Department of Financial Protection and Innovation under the California Residential Mortgage Lending Act | (844) 882-3283 | homelighthomeloans.com
