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Financing Your Home >Bridge Loans

What if you hear one day that the house you have coveted for years is on the market. Out of curiosity, you might call your real estate agent and arrange to see if the inside of your dream house is as terrific as the outside. It is, and you fall in love with the place. The sellers need a relatively fast settlement, and are not in a position to accept an offer that is contingent on selling your home before closing on the new one. While you are confident your house will sell fairly quickly, you cannot be sure in a fluctuating market.

A bridge loan might be your solution. Many lenders specialize in providing short term loans for just this type of situation. The principal and interest is paid back when you close the sale of your present house. If the market in your area is strong and there is a good possibility of selling your home quickly, or if you are willing to offer your home at a price that will make it attractive in a sluggish market, then a bridge loan is a tool that could make the home you love a real possibility. A good real estate agent and a knowledgeable loan officer are the team you need to work it out.

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Q	In what real estate market are more than 90 percent of home sales cash transactions?
A	Palm Beach, home to princes, politicians, and CEOs, has homes from 2,000 sq.ft. condos to 56,000 sq.ft. estates.
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Jennifer Rice is one of The Top Selling Real Estate Experts™
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Jennifer Rice
Latter & Blum
1321 W. Causeway Approach
Mandeville, LA. 70471
Cell: 985-966-1321
Office: 985-626-5687
Latter & Blum: 985-626-5687
Fax: 985-246-6467
Jennifer's Assistant: 985-966-1320
Email: jennifer@jenniferrice.net
Jennifer Rice is your NUMBER1EXPERT in New Orleans, Mandeville, Abita, Covington, Madisonville, and Folsom, Louisiana. She specializes in waterfront, equestrian and estate properties all over St.Tammany Parish. Call Jennifer to find or list the home of your dreams. Each ERAŽ Office is Independently Owned and Operated. Ž and SM are licensed trademarks of ERA Franchise Systems, Inc. Equal Housing Opportunity. Licensed in the State of Louisiana - USA

Era Stirling Properties real estate and homes for sale in Mandeville, Covington and Folsom Louisiana

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