Eager to Make an Offer on a New Home?
Haven’t Sold Your Current One?
Compass Bridge Loan Service Is the Perfect Solution!
Before I tell you more about this exclusive lending program from Compass, I want to wish you a Happy and very Healthy New Year. As we tiptoe into 2022, I look back with pride (and a smile) at the monthly newsletters that I’ve been sharing with all of you for over five years. My mission continues: to provide you with the timeliest and savviest industry insights. The professional guidance buyers and sellers really need to make the most rewarding real estate decisions.
Compass Bridge Loans
take the stress out of selling.
Take a deep breath…relax. Whether you’re moving clear across the country - or you can’t wait to move up to a Manhattan home with glorious outdoor space - the Compass Bridge Loan service uses the equity from your present home to help you make an offer on a new one, without rushing to sell your current residence. When you work with a Compass agent to sell your property, Compass will advance up to six months of your bridge loan payments and other associated costs – regardless of the lender you use. Once your home sells, you can use the proceeds to pay back the bridge loan.
It's easier to make home renovations
when you’re out of the house.
Compass Concierge is another important offering from Compass – it’s the hassle-free way to upgrade your current home and sell it for top dollar - with services like staging, flooring, painting and landscaping. Your Compass agent will help you determine which improvements can deliver the greatest return. The best part: there’s no money up front for you. You’ll pay for the services when your home sells – and a renovated property always attracts more bids. Compass Bridge Loans and Compass Concierge are a dynamic duo of services, exclusively from Compass.
What’s ahead in this
new year of real estate?
It’s going to be a while before we see clearly defined trends. There’s a slow shift to a seller’s market, with the hottest listings in prime ‘nabes like Tribeca, West Village, and the Flatiron often selling close to (or sometimes above) their asking prices. It’s all about location -- and NYC luxury property buyers are lured by the right zip code a lot more than amenities or the newest finishes.
Here's what I know for sure: Our amazing city – with its energy, culture, fashion, food and fabulous gutsiness – is like nowhere else.
Scores New Yorkers aren’t leaving, they’re just changing the way they want to live. And that’s great news for buyers and sellers. Here’s to you in 2022!