Trade Up into your New Home
Unlock your equity, pay down your mortgage, and sell your old house for the best possible price.
Buy Before You Sell
Move into your new home and get full market value for your old home.
A guaranteed offer
UpEquity makes an offer to buy your Old Home.
Shop contingency-free
You can now make a stronger offer on your New Home.
Move on your timeline
Move into your New Home + avoid the stress of moving twice.
Sell on your own terms
Take the time (up to 180 days) to find the right buyer.
A Custom Solution
Buying and selling at the same time is complicated, but we're here to help. Our solution was designed to help everyday homeowners overcome these challenges. By offering two products, Trade Up and Equity Advance, we're able to tailor our Buy Before You Sell solution to fit your unique situation.
Trade Up gives you a guaranteed offer on your current home, allowing you to shop contingency free and make a stronger offer on your new home. Equity Advance unlocks the equity stuck in your old home to make a new down payment and helps you avoid carrying the cost of two mortgages.
You remain in control and we work directly with the Real Estate Agent and Mortgage Broker of your choice.
Sell For More, With Less Stress
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Staged houses sell for more
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Always be ready for a showing
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Take the time to find the right buyer
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Avoid moving twice
Trade Up + Equity Advance
Use the Trade Up product by itself or combine with Equity Advance.
Qualify for a new mortgage with a guaranteed offer on your Old Home.
Trade Up
Unlock equity in the Old Home to make a new down payment.
Avoid carrying the cost of two mortgages at the same time.
+ Equity Advance
Frequently Asked Questions
What is the difference between Trade Up and Equity Advance?
With Trade Up, UpEquity provides a guaranteed offer on your Old Home, effectively removing the home sale contingency and allowing you to make a stronger offer on your New Home. Homeowners can use the Trade Up product by itself or combine it with the Equity Advance.
Our Equity Advance product is the modern version of a bridge loan and allows you to unlock the equity in your Old Home to use towards the purchase of your New Home.
What states are Trade Up and Equity Advance available in?
Trade Up is available in the following states: AZ, CA, CO, FL, GA, ID, IL, KS, LA, NC, NM, OH, OR, SC, TN, TX, WA.
Trade Up + Equity Advance is available in the following states: AZ, CA, CO, FL, GA, TX, WA.
What type of properties qualify?
Your Old Home must fit the following criteria:
- located within 30 miles of an Metropolitan Statistical Area (MSA)
- is either a Single Family Home with 1 to 4 units, Planned Urban Development (PUDs), or Condominium. All condominiums and PUDs must meet the Fannie Mae and Freddie Mac standards of warrantability.
- is considered in a C4 condition rating or above in addition to each of the following requirements: has been adequately maintained and requires only minimal repairs to building components/mechanical systems and cosmetic repairs; and major building components have been adequately maintained and are functionally adequate.
Is an inspection required?
Yes, we do require an inspection. Your Trade Up team will provide you with all of the information on how to schedule this inspection.
Will my agent get their full commission?
Yes, agents will receive their full commission at the final sale of the Old Home. While the Standard Commission can vary based on where you live, the Standard Commission typically is 6% but is negotiated between you and your agent.
Are you an iBuyer?
No. iBuyers typically make a lowball offer to buy your Old Home and profit on selling the home for much more. We make an offer to buy your Old Home in 6 months if you are unable to find another buyer. Even if we do purchase your Old Home, you remain in control of marketing the property as well as negotiating and accepting offers, so you are able to maximize the sale.
