How Repayments of Property Bridging Loans Work

property-bridging-loanRepayments of property bridging finance are one of the many reasons that add up to its charm. This interim financing method is already beneficial in a myriad of ways and helps buyers, both individuals and organizations, to make better, effective and timely real estate asset acquisitions.

Property bridging loan is first and foremost a stop gap measure allowing the connection between an obligation coming due and a yet to be available permanent source of funds. It works to provide for short-term funds in times of short-term liquidity needs. This can happen a lot in many asset purchases because most individuals and organization use funds that need the accumulation of time.

Take for example bank loans and mortgages. We all know that although they provide for your needs, it can take a significantly long period of time to cover for its application and approval often requiring you to wait from weeks to months. The proceeds from a sale of an old property, salary and income will need some waiting too.

Because of all this “waiting game”, buyers are put to a certain disadvantage especially when they’ve already found the asset they wish to acquire. Remember that to close a contract and take hold of the right to buy the asset, one must first be able to provide for a security deposit and a down payment. Let’s not forget about all the other expenditures necessary to find the property.

When permanent financing is not yet available, buyers can make use of property bridging finance to avoid risking any opportunity losses. It can also be seen as a cost cut for those who will have to sell the asset they are currently using to acquire the new one since they won’t have to rent as they move out and wait for a buyer.

Now as far as payment goes, property bridging loan has a huge advantage because it allows for flexibility and liberty.

Providers like, allow the repayments of property bridging finance to happen on or before the maturity date. Borrowers may opt to close and pay it out early on as they are capable of doing so and as they deem fit. At the same time, they may also opt to wait for the maturity date which is the time where the permanent source of finance comes through. Because of this flexibility, this interim financing method does not add to the burden of obligations but rather aid buyers in their endeavors.

What a Family Benefits from Alternative Property Finance

property loansMany families and home buyers make use of what we call bridging loans or alternative property finance in the purchase of their desired residential properties and investments. It is one of those forms of credit that people are likely to tell you about when you wish to get a house, an apartment or a condo unit. But then again, many are still confused as to what they can actually do, what their very purpose is and how they can help. Allow us to answer those queries for you.

First of all, a bridging loan pertains to a sum of money lent by a financial institution to cover an interval between two transactions. This is why it has been referred to as a stop gap measure and an interim financing method. It provides for the home buyer’s short term and immediate needs (e.g. down payment, initial installments, agent costs, etc.) at that certain point in time where permanent funding sources have not yet been made available, as is the case with waiting for a bank loan and mortgage to be approved or waiting for an old house to be sold.

Families can therefore benefit from alternative property finance in the following areas.

    • First of all and as mentioned earlier, they are short term in nature and would therefore not be a stressful burden for families seeking out a home. The bridge shall only be used at a specific point in time, often mere months, and does not double up as a second form of debt. Additionally, they are easily closed and repaid. Home buyers may pay it out even before maturity should they be able to do so or upon the arrival of their permanent source of funds.

  • Second, they help families cut back on costs. Most if not all properties tend to cost more tomorrow than today. This is oftentimes due to the continued appraisal of lands and the development of communities, establishments and infrastructures that give way to appreciation in value. In other words, buying a home today costs less than doing so in the future.
  • Third, there are many buyers out there so you have to keep competition in mind. A really great home will not stay in the market for long. Someone can snatch it up if you fail to get it on time. Bridging loans help prevent that.
  • Lastly, bridging loans help families save on their rent. Many families who sell their old houses to use its proceeds to fund for their new one will often have to move out and rent a place while awaiting a buyer. This contributes to more expenses. By using the bridge to close the deal on the property, families can skip the rental and immediately move in while waiting for the old property to be sold.

Learn more on alternative property finance at this site


Ways on How to Layer Your Necklaces

layer necklaceOne of the fashion trends of today that won’t likely go away in the near future is mixing and matching accessories. Minimal is somehow the thing of the past as runways and magazines have been showcasing the combination of different pieces that when styled appropriately can look good together even if at first thought, they might not. Such is the case when it comes to layering and stacking your necklaces. But how exactly does one rock this like a pro? Diamond Deals Online is here to help with a few secrets and tricks!

The rule of thumb is to play with lengths. – It is highly discouraged to layer necklaces of the same length as that will only cause one to overlap the other hence not showcasing their beauty. It’s like covering up a gem with another. That’s not how this trend works. See to it that the pieces you use vary in length that when worn together will fall in succession.

Go from a delicate top to a gradual chunkier bottom. – One way to approach this is by using two or more pieces with the top one simpler or daintier than those that go below it. Do this gradually to get a sophisticated effect.

Put chunky and chunky together. – When done right, this can create an illusion of an accent collar. At the same time it can appear to be one huge statement piece if the right lengths are used.

Long and dainty plus chunky is sweet. – To create some sort of balance, you can also pair something long and dainty with a short and chunky piece. This creates just the right amount of harmony and combines the two for a polished look that’s not too overpowering. If you want to be bold without making too much of a statement then this is your pick.

Layer in different metal jewelleries. – For a boho chic look, you can play with the metal hues by incorporating them together. Layer in a combination of gold, silver, bronze, rose gold or any other metal for the matter to achieve this. You can also make use of items that have beads, pendants and coins to achieve the effect even more.

Put one chain after the other. – If you want to achieve a more minimal look when layering your necklaces, a good choice would be to use plainly chain items with no pendants or charms on them.

So which among these layering tips from Diamond Deals Online would you want to try first?