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.

Who pays for Contingency Lift?

Any party can cover it: buyer, seller, or buyer's agent. The most common path is a seller credit at closing, where the listing agent counters with an increased closing cost contribution (typically starting at $2,500). No out-of-pocket cash from the seller, and the negotiated price stays intact. We'll provide suggested contract language and cost guidance.

Is Contingency Lift available in all 50 states?

The Guaranteed Backup Contract is available in all 50 states with approval in as little as 12 hours. When Instant Equity is the right fit, availability varies by state. Your Flyhomes AE can confirm coverage.

Can I buy a new home with a contingent offer and still win in today's market?

It depends on market conditions. Contingent offers may work in slower markets or with motivated sellers. In competitive markets, sellers often prefer non-contingent offers. That's why programs like buy-before-you-sell solutions or bridge financing can help give you an edge.

Modern Farmhouse Build

Scenario

This case study showcases the building of a modern farmhouse that blends traditional aesthetics with modern amenities.

Key Highlights

Open floor plan
Energy-efficient systems
Use of reclaimed materials

State:

Tennessee

New Home:

$550,000

Current Home Value:

$700,000

Financial Produce Used:

$400,000

Challenge

Solution

They collaborated with architects to ensure a perfect blend of styles.

Benefits for the borrowers

Seamless transition:

Move in to the new home directly without double moves.

Financial flexibility:

Buy the new home with only 5% down without liquidating long-term investments.

Benefits for the loan officers

Close more purchase mortgages:

Secure both the bridge loan and the long-term purchase mortgage.

Benefits for agents

Close more purchase mortgages:

Secure both the bridge loan and the long-term purchase mortgage.

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Building Experience

The building experience took over a year, with a focus on quality craftsmanship and attention to detail.

“My client won against 22 competing offers with a Flyhomes Cash Offer. Without it, this deal wouldn’t have stood a chance. I got one more deal from the same realtor right after.”
Yuki Hoang
Loan Officer, West Capital Lending

Section Title

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Build Your Dream Farmhouse

Start Your Journey

FAQs

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.

Can I still work with my preferred loan officer?

Yes. You can continue working with your preferred loan officer. If they aren’t set up with Flyhomes, they can be onboarded so you can work together on the transaction.

Can Flyhomes help me remove a home sale contingency?

Yes. One of the main benefits of Buy Before You Sell is the ability to make a non-contingent offer by unlocking your home equity or using short-term financing solutions that let you buy your next home before selling your current one. Without a home sale contingency, your offer is typically more competitive in fast-moving or multiple-offer markets.

Related Resources

Resource

Aug 12 Webinar Replay: Remove the Sales Contingency on Your Best Offer Within 12 Hours

Flyhomes Live Session: Remove the sales contingency on your best offer within 12 hours

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