{"id":14779,"date":"2026-04-03T15:50:16","date_gmt":"2026-04-03T22:50:16","guid":{"rendered":"https:\/\/flyhomes.com\/blog\/?p=14779"},"modified":"2026-04-03T15:51:08","modified_gmt":"2026-04-03T22:51:08","slug":"how-the-flyhomes-buy-before-you-sell-program-works","status":"publish","type":"post","link":"https:\/\/flyhomes.com\/blog\/how-the-flyhomes-buy-before-you-sell-program-works\/","title":{"rendered":"How the Flyhomes Buy Before You Sell Program Works"},"content":{"rendered":"\n

How the Flyhomes Buy Before You Sell Program Works<\/p>\n\n\n\n

Buying a new home while you still own your current one can be a real challenge. Many homeowners need the equity from their existing property to fund the down payment on their next one, which often means selling first.<\/p>\n\n\n\n

But selling first creates its own complications. You may need to move twice, find temporary housing, or miss out on a home you want while waiting for your current one to sell. <\/p>\n\n\n\n

That\u2019s where buy before you sell programs come in. These solutions simplify the transition by improving buying power and reducing reliance on a home sale contingency. Flyhomes offers tailored solutions through your local loan officer or real estate agent, helping you buy first and move in while selling on your own timeline.<\/p>\n\n\n\n

In this guide, we\u2019ll walk through how Flyhomes\u2019 Buy Before You Sell works, the tools behind it, and how it simplifies your move.<\/p>\n\n\n\n

What is a buy before you sell program? <\/h2>\n\n\n\n

A buy before you sell program helps homeowners purchase their next home before selling their current one<\/a>.<\/p>\n\n\n\n

In a traditional process, many people must sell first to access equity for a down payment<\/a> or to qualify for a new mortgage. This often creates a home sale contingency, which can weaken offers and add uncertainty to the timeline.<\/p>\n\n\n\n

Buy before you sell (BBYS) programs are designed to remove these barriers. They can unlock equity before selling, strengthen your offer, or bridge the financial gap between buying and selling.<\/p>\n\n\n\n

While many programs are built around a single financing solution, Flyhomes\u2019 Buy Before You Sell solutions take a broader approach, combining multiple tools to fit different situations. This can give you more control over your timing and help strengthen your buying position.<\/p>\n\n\n\n

The Flyhomes DREAM\u2122 solutions <\/h2>\n\n\n\n

Flyhomes\u2019 Buy Before You Sell programs are designed to tackle the most common challenges homeowners face when buying and selling at the same time<\/a>. This approach is called Flyhomes DREAM\u2122 Solutions:<\/strong><\/p>\n\n\n\n

D \u2014 DTI Buster<\/strong><\/h3>\n\n\n\n

Lenders typically include your existing mortgage in your debt-to-income<\/a> (DTI) ratio, which can limit how much you qualify to borrow. Flyhomes\u2019 solutions may allow that mortgage to be excluded, boosting buying power and helping you make a stronger, non-contingent offer.

Example:<\/strong><\/p>\n\n\n\n

Anthony\u2019s home was under contract when his buyer unexpectedly backed out. Without a confirmed sale, his existing mortgage had to be counted in his DTI, and he no longer qualified for the new loan. Flyhomes\u2019 DTI Buster allowed the lender to exclude that mortgage, increasing his buying power by 40% and keeping his deal on track, no home sale contingency needed.<\/p>\n\n\n\n

R \u2014 Retire & Downsize<\/strong><\/h3>\n\n\n\n

Homebuyers looking to downsize, especially 55+ buyers ready for retirement, often fall outside traditional lending options. Flyhomes helps you move directly into your next home by leveraging equity across both properties in a simplified, short-term loan structure. Once your current home sells, you may be able to pay off that loan and avoid taking on a new long-term mortgage.<\/p>\n\n\n\n

Example:<\/strong><\/p>\n\n\n\n

Susan and Mark wanted a $900K home in a 55+ community but most of their equity was tied up in their current $1.5M home. Flyhomes unlocked that equity to close in just 10 days, move once, and pay off the short-term loan after selling their old home. They were able to settle into retirement without taking on a new long-term mortgage.<\/p>\n\n\n\n

E \u2014 Equity for Down Payment<\/strong><\/h3>\n\n\n\n

When your cash is tied up in your current home, covering the down payment and closing costs on your next one can be difficult. Flyhomes\u2019 solutions unlock that equity before you sell, so you can move forward and avoid a double move.<\/p>\n\n\n\n

Example:<\/strong><\/p>\n\n\n\n

Tom and Jess were buying a $625K home but lacked cash for the down payment. Most of their funds were tied up in their current home, valued at $550K with about half still owed on the mortgage. Flyhomes helped them unlock over $116K in equity, giving them the funds to buy their next home, move in right away, and sell their previous home after settling in.<\/p>\n\n\n\n

A \u2014 All-Cash Advantage<\/strong><\/h3>\n\n\n\n

In competitive markets, sellers prefer offers that aren\u2019t dependent on financing or another home sale. Flyhomes enables cash-like, non-contingent offers, helping strengthen your bid and close in as few as 10 days.<\/p>\n\n\n\n

Example:<\/strong><\/p>\n\n\n\n

Kayla and Nick were trying to buy a $730K home, but their contingent offers kept losing to cash buyers. They had $36,500 for a down payment and needed a way to compete. Flyhomes helped them submit a non-contingent offer at full asking price, beating one that was $10K higher. They were able to close quickly and move forward without waiting on their current home to sell.<\/p>\n\n\n\n

M \u2014 Move with $0 out of pocket<\/strong><\/h3>\n\n\n\n

Flyhomes offers solutions that let you move forward with minimal upfront cash. By leveraging your home equity, you can finance up to 105% of your new home\u2019s value, reducing out-of-pocket costs.<\/p>\n\n\n\n

Example:<\/strong><\/p>\n\n\n\n

Tracy needed to move quickly to a better school district, but most of her wealth was tied up in her $1.3M home and other investments. She had limited cash and was competing with a cash buyer on a $1.6M home. Flyhomes helped her leverage equity from both homes for $1.68M (105% of the new home), covering the full purchase with little to no cash out of pocket.<\/p>\n\n\n\n

How the Flyhomes Buy Before You Sell process works<\/h2>\n\n\n\n

Built on these DREAM solutions, Flyhomes programs give you a more flexible way to move from your current home to your next. Most buyers follow four simple steps:<\/p>\n\n\n\n

1. Get your current home approved<\/strong>
<\/strong>
Flyhomes reviews your home\u2019s value and available equity to determine which solutions fit your needs, giving you a clear path forward.
<\/strong>
<\/strong>2. Make a strong offer on your next home<\/strong>
<\/strong>
Once approved, you can shop with confidence and submit a proposal that may not depend on selling first. In some cases, you can make a cash-like offer, improving your chances in competitive markets.<\/p>\n\n\n\n

3. Close and move in<\/strong>
<\/strong>
With financing already structured, once your offer is accepted, you can move directly into your new home without a double move.<\/p>\n\n\n\n

4. Sell your previous home<\/strong>
<\/strong>
After moving in, you can sell your previous home on your own timeline. Once it sells, the short-term financing is settled and any remaining equity is yours.<\/p>\n\n\n\n

The financial tools powering your move<\/h2>\n\n\n\n

Flyhomes\u2019 Buy Before You Sell DREAM\u2122solutions are powered by a set of flexible financial tools. Used individually or together, they help you buy your next home before selling your current one. Here\u2019s how each tool works and how it can support your move:<\/p>\n\n\n\n

Guaranteed Backup Contract<\/h3>\n\n\n\n

One of the biggest challenges when buying before selling is how your current mortgage affects your ability to qualify for a new one. Carrying that debt can limit your borrowing power or force you to rely on a home sale contingency, which can weaken your position as a buyer.<\/p>\n\n\n\n

The Guaranteed Backup Contract provides a bona fide backup purchase contract on your existing home. This may allow lenders to exclude your current mortgage from your DTI, which can increase your borrowing power and help you qualify for your next home without a home sale contingency.<\/p>\n\n\n\n

You can often receive this contract within 24 hours, and it adds certainty by giving you the option to sell your home to Flyhomes if it doesn\u2019t sell within 180 days. Flyhomes will handle the sale, and you keep any additional proceeds after costs.<\/p>\n\n\n\n

Instant Equity<\/h3>\n\n\n\n

If your equity is tied up in your current home, accessing funds for a down payment, closing costs, or cash reserves can be difficult. This is especially true if you haven\u2019t sold yet.<\/p>\n\n\n\n

Instant Equity, a home equity loan, lets you tap into that equity before selling, giving you funds for your next purchase so you can move forward without waiting on a sale. The process is typically faster and requires less paperwork than traditional financing.<\/p>\n\n\n\n

See how much equity you could use toward your next home<\/a><\/p>\n\n\n\n

Flyhomes Cash Offer (Purchase Bridge Loan)<\/h3>\n\n\n\n

In competitive markets, the price you offer on a home is usually just one part of the equation. The strength of your proposal matters too. Sellers often prefer offers that aren\u2019t dependent on mortgage financing or the sale of another property.<\/p>\n\n\n\n

Flyhomes\u2019 Cash Offer, a purchase bridge secured by the new home, allows you to make a cash-like, non-contingent offer on your next home. This can improve your chances of winning and may allow for a faster closing timeline. Once your previous home sells, the bridge financing can be repaid or refinanced into a long-term mortgage.<\/p>\n\n\n\n

Cross Collateral Loan<\/h3>\n\n\n\n

Some buyers have enough overall equity but not enough liquid cash to cover their next home\u2019s purchase price and closing costs. Many don\u2019t want to sell investments or drain savings and just want to use the equity they already have.<\/p>\n\n\n\n

Flyhomes\u2019 Cross Collateral Loan combines the value of your current and next home into a single, short-term loan, letting you move forward with little to no cash out of pocket. In some cases, Flyhomes can finance up to 105% of your new home\u2019s value, covering purchase costs plus fees like commissions and closing costs.<\/p>\n\n\n\n

Because the financing is short-term, the loan can close in as little as 10 days, with no monthly payments and no prepayment penalties. After moving in, you can refinance into a long-term mortgage.<\/p>\n\n\n\n

Compare Flyhomes\u2019 4 buy before you sell tools<\/h2>\n\n\n\n
<\/td>Guaranteed Backup Contract<\/strong><\/td>Instant Equity <\/strong><\/td>Cash Offer<\/strong><\/td>Cross Collateral Loan<\/strong><\/td><\/tr>
What it does<\/strong><\/td>Secure a guaranteed offer on your current home to strengthen your financing<\/td>Access your home equity before selling<\/td>Make a cash-like offer using equity\/investments.<\/td>Use equity from both homes to move with little or no cash<\/td><\/tr>
Loan limits<\/strong><\/td>N\/A<\/td>Up to $2M<\/td>Up to $2.5M<\/td>Up to $3M \/ 105% LTV new home<\/td><\/tr>
Fast approval<\/strong><\/td>24 hours<\/td>14 days<\/td>10 days<\/td>10 days<\/td><\/tr>
Payment<\/strong><\/td>N\/A<\/td>No monthly payment<\/td>No monthly payment<\/td>No monthly payment; partial payment due at sale<\/td><\/tr><\/tbody><\/table><\/figure>\n\n\n\n

Partnering with Flyhomes: A note for loan officers, agents, and builders<\/h2>\n\n\n\n

Flyhomes partners with loan officers and real estate agents to help deliver Buy Before You Sell solutions to their buyers. Because Flyhomes has no in-house agents or loan officers, there\u2019s no competition or channel conflict. Just collaboration that helps you win more clients, close more deals, and provide smoother transactions that also benefit builders.<\/p>\n\n\n\n

For loan officers<\/h3>\n\n\n\n