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How To Remove The Contingency and Close Faster!

How To Remove The Contingency and Close Faster!

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 What if you could sell your current home, buy your dream home, and skip the stress of a double move, all in under a month? In this episode of The Mortgage Athlete Podcast, Tracy Hayes and Tom Reber unveil the inner workings of the Purchase Edge program, a home-lending playbook that turns "maybe" into "move-in ready." Tom shares the captivating story of David and Diana, a couple who needed to relocate from Nashville to Florida but were financially stuck due to equity-rich, cash-poor circumstances. Through a creative strategy involving a HELOC, bridge loan, and a guaranteed cash offer, the team orchestrated a seamless triple-lien move without requiring both mortgages to be counted. Listeners are walked through every strategic touchpoint, from agent collaboration and timing advantages to how Planet Home Lending controls the entire lending process in-house for maximum efficiency. Whether you're an agent dealing with contingencies or a buyer fearing double mortgage payments, this episode shows you how to skip the wait and win big. Are you or your clients stuck waiting on a home to sell? Don't settle for delays or denials. Contact Tom or Tracy today to see if Purchase Edge can unlock your next move. Share this episode with a real estate partner who needs a game-changing strategy! Highlights: 00:00 - 03:00 The Purchase Edge Advantage · Introduction to the Mortgage Athlete · What makes the Purchase Edge program unique · The ideal client profile · Types of scenarios the program solves · Real-life setup of the "Triple Lindy" case 03:01 - 06:52 The Triple Lindy Case Breakdown · Introduction to David and Diana's problem · Equity-rich, cash-poor explained · Importance of purpose-driven moves · Mapping out the financial hurdles · The value of preparation with agents 06:53 - 09:52 Structuring the Solution · Using HELOC and bridge loan strategy · Why a $300k HELOC alone wouldn't work · How the guaranteed offer powers the plan · Avoiding double-payment disqualifiers · Understanding the third lien position 09:53 - 12:12 Agent Collaboration is Key · Conversations with the listing agent · Setting expectations on home readiness · Quick turnaround and multiple offers · The power of staging and polish · Results: Sold in 45 days! 12:13 - 15:35 Removing Contingencies for the Win · Other successful uses of the Purchase Edge · Creating optionality and confidence · How pricing and timing intersect · Why most Purchase Edge clients never use the guarantee · The nominal cost of $3,500 is worth the power 15:36 - 21:00 Bonus Wins & Condo Team Praise · Solving the 6-extension condo loan in a week · Working with internal appraisal teams · Lisa Baum and the in-house condo approval crew · The Cup of Tom: "Gold is in the cracks" · Why empowerment and control matter in lending Quotes: "You can be excellent at being average, or you can bring something to the table that's in the cracks, because that's where the gold is." – Tom Reber "We control all facets of the transaction, from the value of the property to the underwriting decisions." – Tom Reber "This program isn't about risk, it's about empowerment, giving agents and clients clarity and confidence." – Tom Reber "Most of our Purchase Edge deals don't even need the guarantee, but the option is what closes the deal." – Tom Reber Connect with me! Website: toprealtorjacksonville.com Website: toprealtorstaugustine.com SUBSCRIBE & LEAVE A 5-STAR REVIEW as we discuss real estate excellence with the best of the best. #MortgageAthlete #RealEstateStrategy #HomeBuyingTips #PurchaseEdge #LoanSolutions #BridgeLoan #HELOC #HomeSelling #MoveFaster #RealEstatePodcast #TomReber #TracyHayes #MortgagePodcast #CashOffer #HomeEquity #MortgageExpert #ContingencyFree #RealtorLife #PropertySuccess #SellAndBuySmart
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