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Thanks for your help!
"Marty, Thank you for checking in and I apologize for the delay in getting back to you. I have been really busy at work the past week and I have't had a chance to check my comcast e-mail account until today. Bryan and I are doing well and we LOVE our new house. We are officially moving in the last weekend in February and we are very excited. I hope you enjoyed your trip to the Superbowl last week...it must have been so exciting to be there! THANK YOU so much for all of the time you spent with us to help us find the right house. You really made the entire process of buying our house seem like a piece of cake, and we will highly recommend you to anyone we know who is looking to buy or sell their house in this area."
Jennifer and Bryan
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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 |
What is the world's tallest monument?
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| A |
The stainless steel Gateway Arch in St. Louis, MO, designed by architect Eero Saarinen and costing $29 million to build, is 630 feet high. |
See More Real Estate Trivia > |
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