A bidding war occurs when a home seller gets multiple offers. Since bidding wars are fairly common these days, it pays to plan ahead. You'll reduce surprises and stress, and be better prepared to
Buy First Before Selling Your Home
Dated: March 2 2021
It's official! I'm now a #KnockCertifiedAgent and can offer you all of the amazing benefits of the Home Swap program so you can buy before you sell. Contact me today to see if your house is eligible!
Knock Home Swap FAQs
How does Knock work?
Unlike traditional home sales, where you can miss out on your dream home while waiting for your current house to sell, the Knock Home Swap program gets you into your new home first.
Just like the traditional home-buying process, you must get mortgage pre-qualified first. Find out if you’re eligible for the Home Swap in just minutes by contacting Knock Home Swap Certified REALTOR Roger Flowers.
Next, get pre-approved for a Knock Home Swap mortgage. Knock will check your credit and verify your debts, assets, income, and supporting documents to determine your purchasing power. You will be assigned a dedicated Knock mortgage loan advisor.
Get Your New Mortgage
In as little as 48 hours upon receipt of your loan application and supporting documentation, your Knock mortgage loan advisor will work to get you preapproved for a home swap mortgage; then you’ll be all set to buy your new home.
Buy Your New Home First
Once you find your dream home, you’ll work with your certified REALTOR Roger Flowers to make a competitive, non-contingent offer – and win!
Start Planning Your Move
Once you’ve closed escrow and your purchase is complete, it’s time to start planning your move. You can move when it makes the most sense for you. Typically, it’s within 2 weeks of closing, but you and your agent will determine the best timeline.
Enjoy Life in Your New Place
Once you’re all moved in, it’s time to get settled in your new home. You’ll only pay your new mortgage. Knock will cover payments on your old loan for up to 6 months. REALTOR Roger Flowers will work with the title company to ensure everything is progressing smoothly.
Sell Your Old House
You’ll get an advance of up to $25,000 and access to our contractor network so you can get your old house ready for selling. You’ll manage any home prep with your agent, and work with the Knock Home Concierge Team throughout.
List with Ease
After your home is in top condition, your agent will list your house on the MLS and manage showings with potential buyers. You’ll work with your agent to get your listing sold.
Sell for Top Dollar
When your house sells, you’ll use the proceeds from the sale to pay Knock back for any costs covered during the process, plus regular closing costs. It’s that simple. You’ll work with your agent and their title company to get the deal to the finish line. Contact me today to see if your house is eligible!
Roger Flowers is a professional real estate agent with eXp Realty and has been a licensed agent since 2001. He believes a Realtor is in the service industry, not high-pressure sales. As a Realtor, he ....
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