In a seller's market, more people are prepared to buy first, then sell later, hoping that the market is still rising and they can reduce the difference of what they owe for the original house to that of the new house. That's all well and good, but what happens when you can't get the settlement dates to co-incide? You're going to need bridging finance and we have just the right man to tell us all about it.
Evan Davis, Founder and CEO of Money Cat Finance has over 16 years of experience in mortgage broking and multiple successful ventures in the property development and investment space. Evan specialises in self-employed lending and has a passion for helping Australian's realise the great Australian dream of home ownership.
1. What is bridging finance?
2. Do you pay a higher interest rate when you organise bridging finance?
3. What do bank loans look at to approve you for bridging finance?
4. Do you automatically get approved for bridging finance if you already have a home loan?
5. If you get knocked back for bridging finance, what are your alternatives?
6. Give us some great tips about ensuring you're not paying too much for bridging finance.
CONTACT:
Evan Davis from Money Cat Finance can be contacted on:
0413 467 246, by email: evan@moneycat.com.au
Website: www.moneycat.com.au
Need Copywriting?
Call the 'Real Copy Right' Hotline:
(03) 5977 8889
Email: orders@realcopyright.com.au
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Episode 34: Agent X - Choosing The Right Agent Part 1
Episode 33: Nicole Jacobs - Thinking Outside The Square for Your First Home
Episode 32: Part 2 - Undercover Architect Amelia Lee - Buying a Home with Functionality In Mind, Rather Than Trend
Episode 32: Undercover Architect Amelia Lee - Buying a Home with Functionality in Mind, Rather Than Trend
Episode 31: Frank Valentic - What You Need for Your Investment Check-List
Episode 30: Josh Hommelhoff - How Involved Should You Be In the Selling Process? Let the Experts be the Experts.
Episode 29: Edgar Lok Tin Yung - Feng Shui Tips on Making Your Home More Prosperous For Sale
Episode 28: Sue Sulman - The Code in Copywriting
Episode 27: Kate Yeowart - The Quirks and Complications in Buying a High-Rise Apartment
Episode 26: Laurence Damiani - Property Vs Share Market
Episode 25: Anthony Elbaum - Hi-Tech Gadgetry, How Much Value Does it Add to Your Home?
Episode 24 - Frank Perry: Understand Council Zones
Episode 23: Josh Hommelhoff - The Pros and Cons of Short and Long Settlements
Episode 22: Glenn McGrath - Styling Do's and Don't's
Episode 21: Grant Kennedy - How To Help in Your Photo Shoot
Episode 20: Chris Walsh - Buying in a Partnership Part 2
Episode 20: Chris Walsh - Buying in a Partnership (Part 1)
Episode 19: Nicole Jacobs - What's A Vendor's Advocate
Episode 18: Frank Valentic - Knowing the Difference Between a Buyer's Market and a Seller's Market
Episode 17: Tania Bell - Demolishing with a Purpose to Re-Purpose
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