San Francisco, CA Real Estate Agent Can Help You Get A Bridge Loan For A New Home

San Francisco Real Estate Agent Can Help You Get A Bridge Loan For A New Home

Buying a property is a big expense - and there’s no small amount of waiting around involved. Waiting for approvals, waiting for offers to be accepted… it all adds up to a lengthy process that doesn’t get you in your new place any faster. But what if you could move into a new home, before you’d sold your current one? Now you can, with the expert guidance from Black Label Real Estate!

Entitled 'How to Buy a Home BEFORE You Sell Your Current Home', the new report from the agency addresses an issue many homeowners face: what to do when your property no longer suits your needs. It covers the hesitancy many potential sellers feel about putting their home on the market due to the long periods it can take to have an offer accepted on a new place.

Black Label Real Estate offers you an alternative solution - a Bridge Loan, available through the real estate agency in partnership with a number of institutions. The article explains that the loan is ideal if you want to use the equity in your home as a down payment on a new property, without the hassle of selling your current place first.

Farnham adds that Bridge Loans are an excellent choice if you want to move quickly and provides a brief explanation of how the process works. The report outlines how a Bridge Loan is commonly used, and how they are typically short-term loans with higher interest rates on average.

An explanation of how typical loans work is provided as a helpful infographic, to clarify how it balances out. Go to https://blacklabel- realestate.com/blog/how-to- buy-a-home-before-you-sell- your-current-home to find out more.

Read the full report today!