BRIDGING FINANCE

 

Bridging Finance

Bridging finance is a simple short term loan that lets you buy your next property before your current one sells. It gives you the ability to act fast without waiting for settlement on your existing home.

It works by covering the gap between the purchase of your new property and the sale of your current one. Once your sale settles, the bridging amount is cleared and your standard loan continues. This structure removes pressure and stops you from feeling forced into accepting the wrong offer just to meet timing.

Bridging finance is useful in strong markets where quality homes move quickly. It gives you the freedom to secure the right property without hesitation. Speak with your broker or lender to confirm costs, time frames and suitability for your situation.

If you need to move forward with confidence, bridging finance is a straight forward solution that keeps your plans on track.

We have a fantastic broker called Brandon Ngadino 0412 270 243 brandon@checkmyrate.au he has done quite a few deals for our clients.

Again give us a call or an email if you need to ask a few questions.  Gill Vivian 0415 853 926 gill@viviansrealestate.com.au 

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