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Dave Slade and Associates

Listing Fine Properties - Representing Discerning Buyers. Call us: 505.342.8100

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“Dave is the best man we ever met. Anytime we know someone needing a Realtor,we always refer Dave–no questions asked!”
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Real Estate Tips
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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Real Estate Trivia
Q 
What city boasts eight of the world's ten biggest hotels?

A 
Las Vegas has eight of the largest resort hotels; the latest and most extravagant is the $2.7 billion, 2,716-room Wynn Las Vegas.
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Dave Slade and Associates, REALTOR®, real estate agents and broker for Albuquerque, Rio Rancho and Los Lunas, New Mexico home listings, property and land for sale - NUMBER1EXPERT(tm)

Dave Slade & Associates
Dave Slade & Associates, LLC

6721 Academy Road NE, Suite D
Albuquerque, NM 87109
Phone: 505.342.8100
Toll Free: 800.687.0594
Fax: 505.856.5096
WebInfo@DaveSlade.com

Dave Slade & Associates is a team of client-focused Real Estate professionals committed to achieving new levels of excellence. Integrity, experience, and professionalism are the cornerstones upon which our team is built. We believe that every person has the right to pursue home ownership and that the level of service a person receives should not depend on whether they are buying their first home or their last. We are committed to helping our clients, our community, and our peers. We are what a real estate team can be!

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