Win a dream home over a $10K-higher offer
Flyhomes Cash Offer standalone
Kayla and Nick kept losing competitive offers because they needed to sell before buying. Flyhomes Cash Offer turned them into cash buyers, winning their new home over a $10K-higher bid and letting them sell on their own timeline after moving in.
• Borrower: Won the home over a $10K-higher bid by closing as cash buyers
• Loan officer: Closed a deal that had repeatedly fallen through with conventional financing
• Agent: Proved terms can beat price, submitting a winning offer despite being outbid by $10K
State:
Washington
New Home:
$730,000
Current Home Value:
$36,500
Financial Produce Used:
Flyhomes Cash Offer $693,500
Challenge
Kayla and Nick needed to sell their current home to afford the next one, but in a competitive market, their contingent offers kept losing to cash buyers. They needed a way to compete and win.
Solution
Their LO used Flyhomes Cash Offer to turn them into cash buyers with a fast-close, non-contingent offer. They won the home over a competing bid that was $10K higher, closed fast, and sold their old home after moving in.
For borrowers
- Won their new home over a competing offer that was $10K higher, simply by being able to close as cash buyers
- Eliminated the contingency that was hurting their chances in a competitive market
- Sold their old home after moving in, on their own timeline, without the pressure of a simultaneous close
For loan officers
- Turned a stuck buyer into a winning buyer by converting their offer into a fast-close, non-contingent cash offer
- Closed a deal that had repeatedly fallen through with conventional financing approaches
- Demonstrated a differentiated capability that most LOs can't offer, strengthening the referral relationship
For agents
- Submitted a winning offer despite being outbid by $10K — proof that terms matter as much as price
- Stopped losing competitive offers for clients who needed to sell before buying
- Delivered a clean, fast close that strengthened their reputation with the seller's agent and built trust with Kayla and Nick for future transactions
FAQ's
What if the buyer's old home doesn't sell within 180 days?
Flyhomes will buy it at the contract price and resell it. The buyer keeps any net profits* from the resale, and by default the original listing agent handles it — so the listing stays with you.†
Where are Flyhomes Buy Before You Sell programs available?
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.
Can I use all of my home equity for a down payment?
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.
Are there monthly payments on a bridge loan?
It depends on the lender and loan type. Some bridge loans require monthly interest payments during the loan term. Others, including some Flyhomes Buy Before You Sell solutions, defer payments until the home sells and the loan is repaid.
How is Flyhomes different from a traditional bridge loan or HELOC?
Traditional bridge loans and HELOCs are typically based on a borrower’s current financial picture, including existing debt and the equity in their current home, which can limit flexibility. Flyhomes Buy Before You Sell takes a more forward-looking approach by factoring in the expected sale of the current home, which can help unlock more buying power and make it easier to move on to the next home.
Unlike traditional options, Flyhomes doesn’t require monthly payments during the transition period. Instead, interest simply accrues and is paid off once the original home sells, ensuring borrowers don’t have to juggle extra monthly payments during the move.
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