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All agents are NOT alike! Find out why I am a top real estate expert. Call me: 908-376-2709.

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I add my newest homes and other real estate listings to this web site first. It can be some time before they appear in the MLS.
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Compare three mortgages at one time. Download TripleCalc now. It's free.

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Kara M. Crooks is one of The Top Selling Real Estate Experts™
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Welcome - Get the best real estate listings & homes for sale, expert advice, local info, and much more from Kara M. Crooks, a proven Summit, New Providence and Berkeley Heights, New Jersey NUMBER1EXPERT™ Top Selling real estate agent.
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School Reports in Summit, New Providence and Berkeley Heights, New Jersey

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Financing Your Home >Bridge Loans

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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Q	In which 'Oil Sheikdom' of the Far East do the wealthy still choose to live in primitive houses on stilts?
A	Brunei's oil wealth results in no income tax, free education and health services, and cheap housing loans for its average citizen.
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Kara M. Crooks, REALTOR®, real estate agent and broker for Summit, New Providence and Berkeley Heights, New Jersey home listings, property and land for sale - NUMBER1EXPERT(tm)

Kara M. Crooks
Lois Schneider Realtor
431 Springfield Avenue
Summit, NJ 07901
908-376-2709
Fax: 908-277-0956
Kara@CrooksThomsTeam.com

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