Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Heading 5
Choose your role:
Category:
Educational Materials/Courses
Save this article >
Bridge Financing Explained
Author:
Toronto Realty Boutique
Publication date:
November 30, 2022
Article Summary:
This blog provides an explanation of bridge financing, which is a short-term financing solution that can be used to bridge the gap between the purchase of a new property and the sale of an existing one. The author explains that bridge financing typically involves taking out a loan that is secured against the borrower's existing property, which can then be used to finance the purchase of the new property. The author discusses some of the advantages and disadvantages of bridge financing, as well as some of the factors that should be considered when deciding whether or not to use this strategy.
Keywords:
bridge financing, short-term financing, purchase of a new property, sale of an existing property, loan, secured, advantages, disadvantages, factors to consider.
Source Citation:
Toronto Realty Boutique
Bridge Financing Explained
November 30, 2022
Did you find this article useful?
Your feedback is important not only to us, but to all the other key players in the condo industry. Help us by letting us know if this article is relevant and useful. This will help us prioritize articles that provide helpful guidance to other key players like you.
Please login to use this feature.
