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Real Estate Tips
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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Real Estate Trivia
Q 
What area in the U.S. is known for its pre-civil war mansions?

A 
Natchez, Mississippi boasts over 500 pre-civil war-style mansions; many are open to the public as museums.
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Vickie and Chuck Polston, REALTOR®, real estate agents and broker for Bullhead City, Mohave Valley and Fort Mohave Arizona home listings, property and land for sale - NUMBER1EXPERT(tm)

Vickie and Chuck Polston
Keller Williams, River Cities Specialist

5635 Highway 95, Suite G
Bullhead City, AZ 86426
Tel: 928-727-2501
Fax: 928-768-2516
Email: vickieandchuckpolston@NUMBER1EXPERT.com

As residents of Mohave County Arizona, Chuck and I have become familiar with land and homes of the Tri- State area. Our passion for the Colorado River and the community surrounding the area, golfing and gaming at the local casinos in Laughlin, Nevada has not only given us a look into the community's future home growth but allowed us to develop a reputation for marketing, follow-up skills and motivation. As your local Arizona Realtors® in Mohave County, we will work harder and longer to find the right lots, property, home, or investments to meet the needs of our clients. Throughout our years in the Mohave Valley area, we have developed a network of investors and contacts to better serve the needs of our clients. Whether you are buying, selling acreage, new or used homes, or investing with us as your Arizona Realtors®, "no phone call will go unanswered, and no appointment will be missed!"

Equal HousingMLSREALTOR





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