Flyhomes

What is Flyhomes?

Flyhomes is a real estate company that aims to simplify the home buying and selling process. It provides a suite of financial solutions designed to empower homebuyers, real estate agents, and loan officers. Flyhomes stands out by offering programs that allow customers to buy their next home before selling their current one, eliminating the need for double moves and rushed sales.

How does Flyhomes work?

Flyhomes offers several innovative programs, including:

• Buy Before You Sell: This program enables homebuyers to purchase their next home and move in before selling their current one. It eliminates the stress of managing two properties simultaneously.
• Flyhomes Cash Offer: This program allows buyers to make an offer as strong as cash, increasing their chances of winning in a competitive market.
• Instant Equity: This solution unlocks the equity in a homeowner's current property without requiring them to sell it immediately. This provides additional funds for a down payment and closing costs on the new home.
• Guaranteed Backup Contract: This program helps lower the buyer's debt ratio, allowing them to qualify for a larger mortgage.

Key features and benefits:

• Move Once, Stress Less: Buyers can move directly into their new home without the hassle of double moves.
• Maximize Buying Power: Excluding the current mortgage from the Debt-To-Income ratio enables homebuyers to qualify for more.
• Unlock Additional Down Payment: Access the current home’s equity before selling to cover the down payment and closing costs on the next home.
• Make an Offer as Strong as Cash: Turn a financing offer into a cash-like offer to stand out from the competition.

Case highlight:

Alex, a resident of Sacramento, CA, was expecting a new family member and needed to move quickly. He had significant assets in stocks but preferred not to liquidate them. Using Flyhomes' Buy Before You Sell with Flyhomes Cash Offer, Alex leveraged his income, home equity, and stock portfolio for pre-approval, allowing him to purchase a $1,000,000 new home with just a 5% down payment—without selling his investments.

Benefits for loan officers:

• Close more deals: Secure both the bridge loan and the long-term purchase mortgage.
• Earn additional broker fees: Partnering with Flyhomes can lead to increased revenue.

Benefits for real estate agents:

• Empower buyers: Provide financial solutions that help buyers secure their dream homes.
• Win more listings: Offering Flyhomes programs can attract more clients and listings.
• Close faster: Streamlined processes and financial solutions can lead to quicker closing times.

Who is Flyhomes for?

Flyhomes is ideal for:

• Homebuyers: Those looking to buy a new home without the stress of selling their current one first.
• Real Estate Agents: Agents seeking to provide innovative solutions to their clients and close more deals.
• Loan Officers: Loan officers aiming to expand their business and offer unique financing options.

Why choose Flyhomes?

• Conflict-Free Wholesale Partnership: Flyhomes does not have in-house loan officers, ensuring clients stay with their existing loan officers.
• Flexible Programs: Very flexible programs with no prepayment or early payoff penalties.
• Marketing Support: Customizable resources to market Flyhomes products and grow your business.

Flyhomes aims to transform the home buying and selling experience by providing flexible, customer-focused solutions that empower all parties involved. By allowing buyers to purchase before selling, Flyhomes removes a significant source of stress and uncertainty from the real estate process.