What:
Lower.com added HomePass Valuation to ease the stress of selling a home.
Why:
Homeowners can use this tool to worry less about selling their current house and focus their attention on finding their next home. It’s nerve-racking to look for a new home and not know exactly what equity you’ll have to tap into, but HomePass Valuation solves that problem.
How:
- The tool, part of the HomePass Move First program, gives homeowners an instant offer on their homes and allows them to skip the showings and sell their houses for top dollar.
- Homeowners will also be able to offer cash for their next home through the program.
- After accessing the valuation tool, they’ll have an instant equity amount and be pre-approved for a mortgage, so they know what they can afford to buy.
- Once they find a home, they’ll be able to make an all-cash non-contingent offer and win the deal while financing with Lower.com behind the scenes.
- Once they move, their old home will be prepped and listed for sale.
- HomePass is available in select markets with plans to expand throughout 2022.
- First-time homebuyers can also take advantage of the cash offer portion of HomePass.