What About Bridge Financing?

Buyer Default – Consider Bridge Financing

Using this a source, it’s either unsecured or secured.

Unsecured is Best

The Bank will provide the bridge financing that you need. If you have an unconditional sale, closing at a later time, after your purchase, this really is the route to go.

The Bank will bridge the two deals. The additional funds will be advanced at the time of purchase and will be paid back at the subsequent time of sale.

This is by far the least costly solution available.

Banks are set up to provide it. All you need is two unconditional deals.

Brian Madigan LL.B., Broker

www.OntarioRealEstateSource.com

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