Washington State | How to Use Bridge Loans or Contingency Offers for a Simultaneous Move

If you're trying to time two major financial decisions—selling one home and buying another—contingency clauses and bridge financing can help you stay in control.

Bridge Loans 101:

• Short-term loans based on your home equity

• Allows you to use your equity before your current home sells

• Often interest-only until your sale closes

• Gives you flexibility to buy first in a competitive market

I work with several local lenders who offer tailored bridge loan products specifically for WA homeowners. We’ll review terms, run payment estimates, and ensure it aligns with your comfort zone.

Home Sale Contingencies:

These let you write an offer that says, “I’ll buy this new home—if my current one sells first.”

While not ideal in bidding wars, they’re more common in balanced markets or with flexible sellers. I structure contingencies to:

• Be as clean and short as possible

• Use flexible timelines and firm deadlines

• Communicate clearly with the listing agent to keep the deal together

Contingencies can feel intimidating, but when written well, they give you options—not obstacles.