Has anyone heard of HomeLight or Flyhomes?

lovingit

Member
I heard about these two companies that help you make cash offers by qualifying you on much less.  Supposedly you can qualify if you can show you have 30-35% liquidity of the price of the home, then they give you a cash.  So then you approach the seller with a cash offer Which give you better negotiating power.  I heard new home builders will sometimes give you a discount if you have cash.  But I?m not sure how if that implies you take out the loan through their in-house lenders?  Has anyone used these two companies before can comment on how they work exactly?
 
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