Seattle-based real estate startup Flyhomes this week announced it plans to acquire certain assets from Home Sale Assured, a Chicago-area company that helps homeowners move into a new home without needing to sell their current home.
- Founded last year by real estate lending veteran Eric Meadow, Home Sale Assured aims to make it easier for lenders to approve new home loans before the close of a sale on a previous home. Flyhomes offers a similar product called Buy Before You Sell.
- Home Sale Assured is a brand operating within Innovative Holdings, LLC. Flyhomes will acquire the brand, and Meadow is joining Flyhomes as vice president of partnerships.
- Flyhomes, known for its service that helps home-buyers secure purchases with all-cash offers, went through its third round of layoffs earlier this summer amid a slow real estate market. Flyhomes acquired host-to-own platform Loftium in February.
