Tag Archive for: second mortgages

Seller Carried 2nd Mortgages; Do’s and Don’ts

A seasoned appraiser told me that he is seeing a lot more listings lately that offer to carry 2nd mortgages for buyers, apparently as added enticements to move the listings.Read More

Bridge Loans Overrated? Why We Like Equity Lines

We are asked constantly about “bridge loans,” or temporary loans (usually 2nd mortgages) that sellers take out prior to selling. Bridge loans can be used for necessary repairs or for […]Read More