We talk to Anette Ellis from Prevance on what bridging finance is and how sellers could use it to access some of their money BEFORE the property actually transfers. This assists sellers to pay for a deposit or transfer fees, to move to their new homes or to pay for rates clearance fees.
But she has a secret weapon and she shares how property investors and developers can also use bridging finance to finance their investment properties, developments and even businesses! If you have been thinking about buying at auction but not sure that you will get the house, then bridging finance could give you that pre-approval so you can bid with confidence.
Office Tel: 021- 559 2867
Facebook: https://www.facebook.com/BridgingFinancePrevance/
LinkedIn: https://www.linkedin.com/in/annette-myburgh-ellis-022b6889/
Prevance website: https://www.prevance.co.za/
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