Opendoor launches Purchase + Promote in San Diego

Shopping for or promoting a house is sophisticated sufficient, however when it’s important to promote your present house to purchase a brand new one, the necessity to coordinate a number of events and timelines intensifies. However simply as you employ your telephone to guide a flight, hail a trip, or order groceries, think about that you simply purchase and promote your property the identical means.

Now, householders in San Diego can just do that utilizing Opendoor to each Purchase + Promote their house, with full management over your entire transaction. Owners get the pliability they want, together with lining up deadlines to keep away from paying double mortgages or having to maneuver twice.

When Stefen Blasingame and his household moved from New York to Arizona, they shortly purchased a house, however they knew deep down it wasn’t their perpetually house. Two years later, the household’s dream house got here in the marketplace, and so they didn’t need to delay. However they wanted to first promote their present house, after which coordinate the large transfer. With younger youngsters, Stefen and his spouse didn’t need to uproot their household by transferring a number of instances, and even renting for a time period in between houses. So that they turned to Opendoor.

“We knew that if we have been going to make the transfer a actuality, Opendoor was our greatest guess to make that dream occur for us,” mentioned Stefen. “It was actually, actually on our personal phrases and we appreciated that, particularly with our previous experiences.”

One-stop store

Just like the Blasingame household, 65% of Opendoor sellers are also buyers. And clients desire a one-stop store on the subject of actual property: 82% of sellers nationwide say they would favor to make use of one firm for all actual property transactions. Opendoor gives that one cease, combining promoting and shopping for right into a single, seamless transaction. Right here’s the way it works:

  • Get an Opendoor provide on your property: Promote your property on to us. Affirm a number of particulars about your property, and we’ll make you a preliminary provide in minutes. Or, you could have the choice to record your property with an Opendoor agent.

  • Discover your subsequent house: Browse and tour any house in the marketplace, with a member of our group or over a video name.

  • Purchase your new house with our money and save as much as 11%*: You and your Opendoor agent will make an all-cash provide to the vendor to purchase the house, so there’s no mortgage contingency. To make it even stronger, there’s no appraisal contingency. They usually’ll assist negotiate on issues like closing prices, give recommendation, and information you each step of the way in which till shut.

    • Money gives may assist patrons get their dream house and save as much as 11% when competing in opposition to financed gives. On a $400,000 house, that might be as excessive as $44,000*.

  • We will purchase it for you: If the vendor accepts your provide, we’ll purchase the house and maintain it when you store for a mortgage. While you discover a mortgage you want, we’ll information you thru the method of shopping for the house again for a similar value that we purchased it for.

  • Shut in your schedule: When your provide will get accepted, we’ll assist coordinate your deadlines, so that you don’t must pay for 2 mortgages or two strikes.

In 2021, we have been excited to introduce a brand new strategy to sort out the challenges of transferring the old school means for householders who must promote and purchase on the identical time. Along with San Diego, householders can Purchase + Promote with Opendoor in Atlanta, Austin, Charlotte, Dallas-Fort Price, Denver, Houston, Jacksonville, Los Angeles, Orlando, Phoenix, Raleigh-Durham, Riverside, Sacramento, San Antonio, Tampa, and Tucson.

Our imaginative and prescient is straightforward: purchase, promote and transfer on the faucet of a button. Should you’re seeking to promote and purchase your property in San Diego, go to

*A UCSD study of house sale knowledge estimated that mortgaged homebuyers paid a median premium of 11% over all-cash patrons. Shopping for experiences might fluctuate.”

Additional studying

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