WOT: Bridge loans and other options... - Saab General Bulletin Board - Saabnet.com
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WOT: Bridge loans and other options...
Posted by Cryptical [Email] (more from Cryptical) on Sat, 20 Mar 2004 08:17:15
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Hey there fellow Saabers...
Was wondering if anyone is in the lending business mortgage industry. I have a house for sale (primary residence) here in Colorado. Been on the market for a month with some great activity. No offers yet, but all realtors that came said I'm in the right ballpark for asking price. I have about $50k in equity in the house and was told about doing a 'Bridge Loan' so I can get out of here and into a new house in CT. Anybody know anything about that or any other options to go with? Kinda stuck in limbo here until the place sells and the wife and I really want to get back to CT ASAP. Any help would be greatly appreciated.
Thanks in advance!
posted by 24.8.7...
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