Bridging Loans - Short Term Loans for bridging a financial gap

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Bridging Loans - Short Term Loans for bridging a financial gap
(presented by www.refinance-refinance.net - mortgage lenders)

By David�Parker

Bridging loans are short term loans that are usually used to bridge the shortage of money that arises between selling an old property and buying a new one. Imagine that you have decided to buy a new house in one of your favourite locations. You have taken a mortgage that is not equal to the purchase price of the house because you are sure that your old house will yield a lot of money that you can use to pay that part of the new house

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