It is vital to remember that a loan is to be considered as a last resort because you would only be allowed one loan and you need to ensure that it will clear ALL of your debts and leave you enough each month after repayments have been made.
Always insist that the realtor you choose to work with writes into your agency agreement or Exclusive Right to Buy Contract, "That the Buyer hereby reserves the right to cancel this agreement FREE of charge at any time if Buyer is dissatisfied with Broker's performance" This add both creditability and accountability to your business relationship.
The market for bridging loans is constantly increasing.
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To arrive at a fair price, an expert evaluation of all market conditions is needed. |