Bridge Loans
Bridge loans are especially helpful because they allow buyers to move fast, get more, and give non-contingent offers. Buyers can confidently make offers knowing that they are not in the limbo between selling and buying. Buyers can make non-contingent offers on prospective homes. These non-contingent offers are much more appealing to sellers as they eliminate risk and uncertainty entirely. They can also easily agree to the tight closing schedules that have become so common in today’s market. The sale of the existing home doesn’t have to be rushed. Buyers can take their time staging the home, reviewing offers, and going over any additional details.