Knock - Home Swap
With Knock, you get the certainty of buying the new home you want first and then selling your old one.
Get Your New Home Loan
Get Pre-Qualified: Find out if you are eligible for the Home Swap in just 3 minutes.
Begin Pre-Approval: Knock will check your credit and verify your debts, assets, income, and supporting documentation to determine your purchasing power. You will be assigned a dedicated Mortgage Loan Advisor.
Get Your New Mortgage: In as little as 48 hours upon receipt of your loan application and supporting documentation your Mortgage Loan Advisor will work to get you pre-approved for a Home Swap mortgage and you will be all set to buy your new home.
Buy Your New Home First
Find Your Dream Home: Once you find your dream home, we will work together to make a competitive, non-contingent offer on it.
Start Planning Your Move: Once you have closed, it is time to start planning your move. You can move when it makes the most sense for you. Typically, it is within 2 weeks of closing.
Enjoy Life In Your New Place: Once you are moved in, it is time to get settled in your new home. You will only pay your new mortgage. Knock will cover payments on your old loan for up to 6 months. I will work with the title company to ensure everything is progressing smoothly.
Sell Your Old House
Prep The Old House For Sale: You will get an advance of up to $25,000 and access to Knock's contractor network so you can get your old house ready for selling. You will manage any home prep with me, and work with the Knock Home Concierge Team throughout.
List With Ease: After your home is in top condition, I will list your house on the open market and manage showings with potential buyers.
Sell For Top Dollar: When your house sells, you will use the proceeds from the sale to pay Knock back for any costs covered during the process, plus regular closing costs.