Prop 19 tax base transfer, bridge loans, and buy-before-sell programs for East Bay move-up buyers. Upgrade your home without losing tax benefits.
Katrina Carter, Senior Mortgage Advisor
Empire Home Loans
Phone: (510) 213-2677
Email: [email protected]
NMLS# 1737872
Company NMLS# 1839243
Prop 19 tax base transfer, bridge loans, and buy-before-sell programs for East Bay move-up buyers. Upgrade your home without losing tax benefits.
Upgrade to your next home without losing your property tax benefits. Prop 19, bridge loans, and buy-before-sell programs make it possible to move on your timeline.
California's Proposition 19 allows eligible homeowners age 55+, severely disabled individuals, and victims of wildfires or natural disasters to transfer their current property tax base to a new home anywhere in California. This can save thousands per year.
What if you find the perfect home but have not sold your current one? Bridge loans and buy-before-sell programs give you the buying power to move forward.
Short-term financing using your current home's equity as a down payment on your new home. You pay off the bridge loan when your current home sells. Terms typically range from 6 to 12 months.
Specialized programs that allow you to purchase a new home without selling your current one first. Some programs even cover your existing mortgage payments for several months while your old home is on the market.
Open a Home Equity Line of Credit on your current home to fund the down payment on your new purchase. This is often the fastest and most flexible option for buyers with significant equity.
Moving up in the East Bay market requires strategic planning. Here is how I help clients navigate the transition:
In a competitive market, contingent offers often get rejected. Buying first lets you make a clean, competitive offer. Bridge financing and Prop 19 savings can make the math work in your favor.
Let's calculate your Prop 19 savings and explore bridge loan options so you can buy your next home without compromise.
Senior Mortgage Advisor at serving the East Bay with over 30 years of real estate experience.
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