Sometimes life can throw you curveballs, and traditional lenders may not be able to help. Bridge financing is a short term loan designed to bridge the gap when traditional lending doesn’t work, perhaps in the event of unexpected debts, or down payments and equity for homes between sales.
If you are planning kitchen and bathroom renovations, roofing, windows or doors replacement, or simply updating fixtures and flooring, you might need to secure financing first. If you are looking to downsize, but don’t have cash flow for investing in a renovation, Graysbrook Capital can help you leverage your home equity to finance renovations.
Downsizing is a decision that many will ponder at some point in their lives, but often it is hard to know whether this major move is the right move for you and your loved ones. A decision such as this can make life easier and more enjoyable, but only if done when you are truly ready. While the reasons may vary, there are six signs that downsizing may be in your near future.