Home Seller's Guide
A bridge loan is a short-term financing tool that helps purchasers to "bridge" the gap between old and new mortgages by allowing them to tap the equity in their current residence as a down payment, while essentially owning two properties concurrently as they wait for the sale of their existing home to close.
If a non-licensed (builder or developer) owner hires a licensed builder to build a Custom Built Home with a 2-5-10 Warranty and then sells the home as a new Spec Home. According to Homeowner Protection Office (HPO), the Owner can only sell the Custom Built Home after they have moved in or rented the home unless they register for a Developer's License prior to selling.
Thinking of Selling?
Our team can give you up-to-date information on what’s happening in the marketplace, as well as the price, financing, terms and condition of competing properties. These are key factors in getting your property sold at the best price, quickly and with minimum hassle. We will ensure your property is marketed well to maximize its exposure to other real estate agents and the public. We know when and where to market your property to generate the most interest and potential sales opportunities. When you do receive offers on your home, we will help you objectively evaluate every buyer’s proposal without compromising your goals. Throughout the selling process, we are always available to address any questions or concerns you may have.
If you're thinking of selling your home in the next year, we can help you. Please fill out the form below to request your home's current market value and a suggested listing price.