Cross-lateral loans offer out-of-the box solutions for buyers

COMMENTARY /// Real estate hints

Felicia Wellborn

I had clients call me last month, so excited. They finally found the one-story home they’d been looking for and wanted to write an offer on the house right away. Unfortunately, not only had they not sold their current home, it wasn’t even on the market.

In years past I would have had to disappoint them by saying they’d have to wait to purchase a new home until they sold their current one. Even if they could pull their equity out of their current house with an equity loan, ...

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