Retire & Downsize
This couple found the right downsizing home unexpectedly and had to move fast, but worried about the time it would take to sell their current one. Flyhomes Retire & Downsize unlocked equity in their free-and-clear home, letting them buy first and take their time preparing the old home for sale.
• Borrower: Bought first using free-and-clear equity, avoiding a rushed senior double move
• Loan officer: Deepened client trust, serving a downsizing segment most lenders can't
• Agent: Positioned to win two deals, since every downsizer who buys first becomes a future listing
State:
Washington
New Home:
$765,000
Current Home Value:
$1,400,000
Financial Produce Used:
Cross Collateral $560,000
A couple were relocating from a large family home with stairs to a home with few or no stairs, better suited to their senior years. Downsizing at this stage of life couldn’t be rushed, but the right home came along unexpectedly and they had to move quickly. Their biggest concern was the time it would take to sell their departing home.
Their loan officer recommended Retire & Downsize, unlocking the equity in their free-and-clear home so they could buy the new one first. That gave them peace of mind and the time they needed to move out and prepare the old home for sale, instead of rushing it onto the market.
“Unlocked their home’s equity in a way that gave them peace of mind, knowing they had the time they needed to move out and prepare their departing home for sale.”
Cherie Kesti, Mortgage Loan Officer, Generations Home Loans
“Built a stronger customer relationship as well as a close friendship with the buyers.”
Cherie Kesti, Mortgage Loan Officer, Generations Home Loans
Source: Testimonials Tracker (Survey), submitted 2026-06-22. Written permission: granted.
The Guaranteed Backup Contract ensures you still have a path forward. If your home hasn’t sold within the program’s timeframe, Flyhomes can step in and purchase it at the agreed-upon backup price, helping protect you from extended holding costs and giving you peace of mind.
Flyhomes Buy Before You Sell programs are available in many states across the U.S., with availability varying by solution and location. The Guaranteed Backup Contract is available in all 50 states, while loan-based products depend on Flyhomes’ lending coverage. Loan officers can check specific availability using the product availability page or by contacting their Flyhomes representative.
Not usually. Lenders typically require you to leave some equity in your home, and borrowing limits depend on factors like your loan-to-value ratio, credit, and debt-to-income.
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