Thinking about buying a home that needs renovations? Bridge financing could be a way for you to get the keys to the home you buy, while still being able to live in your current home. You make the closing day of the purchase of your new home a few weeks/months earlier than the sale day/closing day on your home you just sold. That way you can have your contractor do work on your new home without you having to live there through the renos. Talk to a mortgage broker to see if this is something that you can do. Imagine being able to get the renos done before you move in… “Something to Think About”…
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