FAQs

What are the benefits of using Buy Before You Sell?

It empowers you to shop for new homes and submit a competitive offer as soon as you find your ideal property. There’s no need to wait to sell your current home or make a contingent offer. 

What does it cost to use the Buy Before You Sell program?

When you work with us, you pay a brokerage fee to buy and sell your home (typically 6%). Additionally, you will also pay a 1% plus $3000 program fee to use our program. 

How does the Buy Before You Sell program work? 

JH Realty offers you an interest-free equity loan to cover the down payment on your new home. After your current home sells, you repay JH Realty for the equity loan using the proceeds from your sale.

What is the Buy Before You Sell program?

JH Realty offers an innovative "Buy Before You Sell" program that provides you with an interest-free loan. This loan can be used for the down payment on your new home, covering closing costs, and even managing up to 120 days of your old home's monthly mortgage payments while it’s on the market.

Am I responsible for two mortgage payments?

Once you purchase your new home, you are responsible for the mortgage payments on it. However, to alleviate the burden, JH Realty will advance you four months of mortgage payments on your old home during its listing period.

What happens if my home does not sell within 120 days of listing?

This scenario is rare, as almost all of our customers sell their homes well before the end of the 120-day listing period. However, if your home remains unsold after four months, you can retain your guaranteed offer and continue enjoying your new home without any financial worry. If your old home doesn’t sell for more than your guaranteed offer, you won’t have to pay anything back—we’ll absorb the loss.

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