Homeward Real Estate - Program Details

"The process from loan approval to being a cash buyer to having time to sell my home was so easy. I would not have been able to do with with out the Homeward program. Initial paperwork was signed April 26th. Homeward closed June 1. June 28th completed the purchase. So easy and not one issue during the process."

This user appears to be satisfied with their experience with Homeward, and some of the specific parts of the experience they mention may be helpful to you to understand. Mentioning the dates on which the initial paperwork was signed, Homeward closed, and the completion of the purchase goes to show that the process seems to have moved relatively quickly for this user. For those interested in a program that can enable them to move quickly, this may be particularly encouraging.

"Using Homeward helped us in a number of ways throughout the process. For one, we had a stronger negotiating position when we found the house we wanted. Then, we were able to move in sooner while still working to sell our old house, and since we have small children, this was a real blessing. My account manager Eric Layton was amazing to work with - very transparent throughout the process and I genuinely felt like he had our best interests at heart.

While you end up paying more for using Homeward, I believe we ended up saving money in the long run by being able to negotiate our buying price down, avoiding high-cost short-term rentals during the transition, and the credits that Homeward gave us for managing both the title on both sides of the transaction."

This review mentions the user having a “stronger negotiating position” when they found the house that they wanted. This speaks to one of the potential advantages of Homeward’s system, which can be that in being able to make a cash offer, buyers may find they have a more competitive position when buying. This reviewer also mentions being able to move in quickly and how helpful that was, given that they have small children. They also praise Homeward for their “amazing to work with” account manager and how they perceived the process to be cost-effective for them. For those interested in finding a fast and cost-effective method of buying and selling, this might be particularly encouraging.

"The process from start to finish was less stressful than if we had done a traditional contingent offer. Even though we end up selling our house quickly, you never know how those things are going to go and knowing that we could put in a cash offer on our dream house made it worth the extra fees. Between our amazing realtor, not related to homeward, and the homeward mortgage and title team, we had all of our questions answered and things went smoothly."

This user praises Homeward for what they perceived to be a less stressful experience than that of making a traditional contingent offer. They also discuss how they had all their questions answered, which can be a heartening sign to those who are nervous about navigating the sometimes complex process of home selling and buying.

"Overall, we were pleased with the experience. The convenience fee - for us - was just that....it made the purchase possible and made it more convenient for us. We were able to move in to our new home early. My only reservation in giving a 5 star review is that we felt like their financing wasn't super willing to work with us - until we secured financing elsewhere. Then - they came after us to try to get our business. Not a terrible strategy, but it caused a little unnecessary stress when we were trying to move. I worried about "hidden fees" but we never ran in to anything. Stay in communication with the person that is assigned to you! I cannot stress this enough - they are there to help and will advocate for you. They have done it before (at least the gentleman assigned to us - jerome - had) and he was so helpful...even talked me down when I was freaking out and wondering if I had done the right thing. Bottom line - Homeward was right for us - no hidden fees - great customer support - a little pushy about using their financing (which we did not and it was still great with no hidden fees)."

While this reviewer may have felt as if Homeward’s financing was less than “super willing” to work with them until they secured financing elsewhere, they ultimately commend Homeward for their lack of hidden fees and great customer support. Those who are looking for financing from Homeward may be discouraged by this, but it’s worth noting that this reviewer explains that Homeward was ultimately interested in working with them on financing.

"Overall we were satisfied with how everything went. Yes, there were a few hiccups, and fee's for their services, but with a little work and some patience, everything worked out in the end. We used homeward for both the buying / selling process, and also for the loan. The rate seemed like it might have been a little high, and the process want easy, but it wasn't too difficult either. The people were friendly, and other than so many different people being involved, it process went well."

This reviewer mentions that there were a “few hiccups” but also mentions that the process was not “too difficult.” They mention that the rate may have been “a little high” but explain that “with a little work and some patience, everything worked out in the end.” For those concerned about involved fees, this could be taken as discouraging, but it’s important to note that Homeward offers very transparent pricing and that this reviewer ultimately seemed to feel that things worked out for them.

"The concept of enabling a buyer to increase the likelihood of winning a bidding war on an excellent home by placing a cash offier is fantastic, but the communication to me as the buyer when there were significant issues with the title company was limited. I realize that Homeward did not want to vilify an individual at a third party whom they selected, but I only heard from my real estate agent about the issues that were happening. I am appreciative that Homeward was willing to adjust my rental amount considering the delays were outside my control.

In the end, I own a vacation home I have dreamed about for years, and Homeward enabled me to achieve this."

This reviewer praises the concept of Homeward’s program but mentions that during a certain part of the process, communication was “limited.” However, they also note that they understand that Homeward may possibly have been doing so in an attempt to not “vilify” a third party. They also praise Homeward for adjusting rental amounts amid delays outside of this reviewer’s control. This review illuminates that while this reviewer may have wanted more robust communication, they were able to secure the home they wanted.