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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Ron Melin, Owner-Broker
EAGLE REALTY ASSOCIATES, LLC
P.O. Box 492067
Lawrenceville, GA 30049
Main: 770-962-2014
Cell Phone: 404-275-5860
Fax: 1-866-266-0544
Mail To:: RonMelin@RonMelin.com

With over 28 years of local real estate expertise and knowledge, you can feel confident trusting me with your business. After browsing my site, please call me direct if you can't find what you're looking for. I am very quick to answer the phone and always return voice mails promptly. You can find out more about me on my website @ http://www.RonMelin.com. My specialty is single family residential homes in cities of Lawrenceville, Dacula, Hoschton, Buford, Braselton, Flowery Branch, Auburn and Winder. Ron Melin..... BSBA, Owner-Broker, CRS, ABR, e-Pro, Double Phoenix

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