What is Modern Bridge?
When a client wants to buy a new home and has a home to sell, they can use Modern Bridge to facilitate the transaction. Modern Bridge is a process where a Power Buyer temporarily purchases the client's old home and provides the client with the funds to purchase the new home with cash OR Makes a cash offer on the client’s next home, allows them to move in and rent the home until the previous home is sold.
Modern Bridge works well for clients who want the security of purchasing and moving into their new home without worrying about trying to sell their old home.
Modern Bridge Steps
Difference Between Cash Offers and Modern Bridge
When a client wants to buy a new home and has a home to sell, they can use Modern Bridge to facilitate the transaction. Modern Bridge is a process where a Power Buyer temporarily purchases the client's old home and provides the client with the funds to purchase the new home with cash OR Makes a cash offer on the client’s next home, allows them to move in and rent the home until the previous home is sold.