If you need to move quickly but don't have the cash for a down payment until your current home sells, an Arizona bridge loan may be just what you need to help make your dreams come true. Learn the risks and benefits of a bridge loan to decide if it is the right choice for you.
If you are trying to sell your home, you know that it can take a while, especially if you are still living in it. Between picky buyers who can't see around your furniture to trying to keep it clean for showings that are often erratic and unproductive, you may feel that you will never be able to sell your current home. Which may be fine, but it probably isn't. Whether you need to move for work or simply to have more space, you may need to get out of your current home quickly.
You may be able to double qualify for two mortgages which would make it possible to move while your current home is still on the market. However, even borrowers who can qualify for two mortgages may find themselves short on their down payment for their new home. Even at only 5%, your down payment can be upwards of $20,000 and most people don't just have that sitting in a savings account. You are most likely relying on the sale of your current home to finance your down payment into your new house.
This is where an Arizona bridge loan comes into play. An Arizona bridge loan is a short term loan
designed to bridge the gap between your current home selling and you needing to move into your new home. You use the bridge loan funds as a down payment on the new home, and when your current home sells you pay back the bridge loan with funds from the sale. This will allow you to move almost immediately and will make it easier to sell your current home.
What You NEED to Know About Your Arizona Bridge Loan
While an Arizona bridge loanis a great way to get cash for a down payment, it is important to be aware of all the terms and conditions of your loan. Typically, bridge loans have a higher interest rate than most long term financing options. However, you can often find grace periods that allow you to skip payments for a month or two. If your home sells during that time you may not even end up making a payment on the loan and will avoid all interest charges. You also have to be able to qualify for two mortgages so most bridge loan borrowers will need to have relatively high incomes and decent credit scores.
Traditional banks don't have access to Arizona bridge loan funds, so call a private lender today!
If you need to move, don't wait. Contact our bridge loan specialists at Level 4 Funding to get started on the bridge loan process today!
NMLS 1057378 | AZMB 0923961 | MLO 1057378
23335 N 18th Drive Suite 120 | Phoenix | AZ | 85027
111 Congress Ave |Austin | Texas | 78701
About the author: Dennis has been working in the real estate industry in some capacity for the last 40 years. He purchased his first property when he was just 18 years old. He quickly learned about the amazing investment opportunities provided by trust deed investing and hard money loans. His desire to help others make money in real estate investing led him to specialize in alternative funding for real estate investors who may have trouble getting a traditional bank loan. Dennis is passionate about alternative funding sources and sharing his knowledge with others to help make their dreams come true.
Dennis has been married to his wonderful wife for 38 years. They have 2 beautiful daughters 4 amazing grandchildren. Dennis has been an Arizona resident for the past 32 years.
Here are some raw truths about buying and/or owning a timeshare and these are questions we get asked over and over again. One of the first questions most people want to ask our team about a timeshare exit is this, if I buy timeshare, is it a good investment of my money. And The Truth Of The Matter Is . . .
When You Buy Timeshare
It’s A Terrible Investment
In fact when you buy timeshare, there is not a financial investment there at all. The only investment to be had with owning a timeshare is reaped on the side of the timeshare resort.
On your end of the deal, owning a timeshare is a big and we mean big money pit that you will never get your money back out of!
An investment is something that when you purchase it and do invest your money in, with the passing of time whether it be days, months or years, when you get ready to sell that investment you can get your money back and make a profit.
Now we know that the timeshare industry cried this from the rooftops that timeshare was like owning a second home, a vacation home, and when you got ready to sell the timeshare, you would have people lining up around the block to buy it.
Selling Timeshares
Well just about every timeshare owner has found out the hard way that was absolutely a lie. Because selling timeshares is not easy. The fact is, usually a timeshare cannot be sold. This was a lie that the timeshare industry perpetuated on potential timeshare buyers in their initial timeshare presentation.
Owning A Timeshare Is A Big Money Drain
On Many People And A
Lifelong Financial Commitment.
Yes, we know that the timeshare industry in selling a timeshare as if you are buying a vacation home. The stark difference is, that if you have a second home you use for vacations and you ever get to the point in life that you no longer need it and want to sell it, you just put the vacation home on the market and eventually someone else will come along and buy it, not so with timeshare resales.
For sure, wanting to get out of timeshare is hard. Since it has been known for many years that timeshare is a worthless investment. That does not mean that timeshare resales companies will not take your money to list it on their website but there your timeshare will sit. FOREVER.
You Have A Better Chance To Get Struck By Lightning TWICEThan To Sell Your Timeshare With One OfThose Timeshare Resales Companies.
If someone does come along and buy your timeshare, that is called (third party ownership) and if this happens at all, it is usually done with someone you know, then it is almost impossible for these third party buyers to get out of that timeshare contract.
We have seen this kind of transaction mess up many relationships between friends and relatives because these third party buyers when eventually wanting to sell the timeshare themselves find out that it cannot be done.
Then they feel like you knew what you were getting them into, so they feel as if they have been duped by you and that you have ran one of those timeshare scams on them.
People call our timeshare exit team all the time to get their timeshare questions answered. Many times these timeshare owners either want our help in writing a timeshare cancellation letter.
Timeshare Attorneys
Sometimes timeshare owners feel they need to pay timeshare attorneys to tell them how to get out of a timeshare. But when these timeshare owners find out the high cost of these timeshare attorneys, they look for a cheaper way of how to get rid of a timeshare.
That’s where our team of timeshare exit staff comes in to play. Our timeshare exit services are far less expensive than using timeshare attorneys but it does not mean, it is any less effective.
With that said, when thinking about a timeshare, if you want to take legal action against a timeshare company perhaps you are thinking of consulting with timeshare attorneys or maybe you know a few timeshare lawyers.
And you thinking would be right, if what you want to do, is file a lawsuit then for sure, you will want retain one of the good timeshare attorneys or one of the timeshare lawyers you have a good association with.
However, if what you want to do is learn more about doing a timeshare cancellation and/or how to get out of a timeshare.
Then we invite you to log on to our website and see our frequently asked questions or simply give our timeshare cancellation department a call and talk with one of our timeshare exit team professionals.
Timeshare Cancellation
Today, many timeshare owners feel that they have become of part one of those timeshare scams that we all hear about on occasion. What these people plan to do now is to get out of the timeshare scam by doing a timeshare cancellation.
However, after the timeshare cancellation period is over, whenever a timeshare owner says to the resort I really want to “cancel my timeshare.” These timeshare owners are always told no by theresort.
The timeshare resort will every time, tell the timeshare buyer, that after the timeshare cancellation period has ended, no timeshare cancellations can be completed, though that’s not a true statement.
But, if you try and get a timeshare cancellation on your own without the help of a professional timeshare exit team, you definitely be unsuccessful in getting a timeshare cancellation.
Believe me, this is surely nothow to get rid of a timeshare and for sure, your name will not be added to the timeshare cancellation.
If you already own a timeshare and feel by purchasing the timeshare, you have become entangled a timeshare scam and would like to receive one of our free timeshare exit team reviews, we will be happy to server you.
In addition, you might like to know, if you’re trying to find out how to get rid of a timeshare or how to sell a timeshare, you are not alone - so are many other people. As a matter of fact, a high percentage of people today say, “I would never” . . . buy timeshare.
Yes this you can know for sure, in today’s timeshare marketplace, many people are trying to learn how to get out of a timeshare.
Our timeshare exit team, which is headquarter in Orlando Florida is swamped with calls from timeshare owners from all over everywhere and they all want more information about selling timeshares, timeshare rentals, as well as timeshare cancellation and timeshare resales.
Even though our timeshare exit team does not handle, timeshare rentals or timeshare resales, and selling timeshares. We can give you lots of information about all the perils of; timeshare rentals, timeshare resales and selling timeshares, You will find, our timeshare exit team will be able to answer your timeshare users group, timeshare scams, and timeshare fraudproblems.
When it comes to needing good answers on timeshare and particularly about how to get rid of a timeshare, and about timeshare cancellation as well as how to get out of a timeshare.
In all of these capacities our Team Of Timeshare exit are the world leading authorities.
Sometimes Timeshare Salespeople Will Tell You, That You Can't Do A Timeshare Cancellation. When you go on vacation and you find that you just can’t help yourself and you end up in a timeshare presentation. You can be sure they won’t tell you how to cancel a timeshare.
Some people that call us even tell us that the timeshare sales people who sold them the timeshare, told them that they cannot do a timeshare cancellation, because of the special deal they were given and did you know that’s against the law.
Here are a few clues in the talking points of the sales pitch said by the timeshare salespeople that should let you know it’s time to head for the door and get the heck out of there before you find yourself in deep water and the proud new owner of timeshare. And then trying to figure out how to do a timeshare cancellation.
You swore you your better-half that under no circumstance when you agreed to go to that fun timeshare presentation would you buy a timeshare. But when you come up against professional salespeople who work as a professional tag-team you can find yourself quickly over your head.
These timeshare salespeople are highly-trained before they are ever allowed by their sales supervisors to go out on the resort sales floor and try to bring down at sale. The reason why is, because the timeshare resort has invested a lot of money just to have you walk through the resort door.
That’s now counting the free gifts they have offered you to get you there. It is said that it cost the resort about 55 percent of sales to get you there. In a billion dollar industry that’s a lot of money.
Also the timeshare industry is a highly competitive industry. If you think about it, there are just go many vacationers at anyone given time on vacation.
There are probably many resorts in the area that you can choose from and so each resort has to sweeten the gifting pot a little more than their competition to make sure it is their resort doors that you end up walking through.
Once the resort has you there, you are in a ring of professional salespeople that will do and sometimes say anything they need to in order for you to buy a timeshare from them.
In fact many times the timeshare presentation gets so down and dirty with sales pressure with the term they often use, “If I could would you?” it borders on leading you into a timeshare scam.
Why do you think that the 90 minute presentation you agreed to is now going in to its sixth hour. You have been put on a mental grinding stone where these professional salespeople have been taught through extensive training to get you to change your mind.
They are working in concert with the rest of the sales crew to grind away at your “Nos”. Those “Nos” are being worn down until the only word that has a chance of coming out of your mouth is “Yes”.
We advise people that if you just can’t keep yourself from going to a timeshare presentation, (and believe me we talk to people all the time who are drawn to the lure of that free gift) that once you start to feel overwhelmed by the sales pressure that is being lodged against you, get up and walk out.
If you have to forgo the “free gift” so be it.
Save yourself later headaches and money trying to do a timeshare cancellation.
If you own a timeshare and feel you have been involved in a timeshare scam and/or would like know how to cancel timeshare we can help.
To learn more about a timeshare cancellation see our frequently asked questions or give us a phone call.
Today lots of timeshare owners want to do a timeshare cancellation they just don’t know how to do it.
So let’s talk about how to get rid of a timeshare. Many timeshare owners wrongly believe that you can’t get out of timeshare.
These timeshare owners are wrong. Now do not try going the timeshare resale route.
If you don’t already know, timeshare resale is one of the biggest timeshare scams.
These timeshare resale scams can cost a timeshare owner quite a lot of money and heartache because the timeshare owners feel they have moved into the right direction of how to get rid of a timeshare.
However, those timeshare owners who have mistakably listed their timeshare with one of those fraudulent timeshare resales companies and have paid these timeshare resale companies many times thousands of dollars, find that their timeshare just sits on the website and goes nowhere.
These timeshare resale companies are just an internet site set up to milk money out of uninformed timeshare owners who are wanting to learn how to sell a timeshare.
These timeshare owners have not done their research, before listing with these unscrupulous timeshare resale companies or they would have never have listed their timeshare with these timeshare resale companies to begin with.
However these timeshare owners who are still wanting to get out of timeshare must seek out alternative ways of relieving themselves of an unwanted timeshare. If you ask every one of them they would say: I need to know how to sell my timeshare.
The best answer to the question of how to get rid of a timeshare, is to seek the professional help of a timeshare cancellation advocate. Our team of timeshare exit professionals sole purpose is to work on behalf of the timeshare owner and show them the how to get rid of a timeshare Permanently!
Now you do not need to hire timeshare attorneys to get out of timeshare.
Timeshare resorts are not afraid of timeshare attorneys. So don’t think that you can threaten a timeshare resort even with a whole team timeshare attorneys!
Just because you have a team of timeshare exit lawyers the timeshare resort won’t be shaking in their boots unless they do a timeshare cancellation for you.
Believe me, timeshare resorts have bigger timeshare attorneys than you have and their team of timeshare exit lawyers have a lot more experience in the timeshare cancellation game than any team of timeshare attorneys you can pull together.
These big shot timeshare attorneys work solely for the timeshare resort and have heard more sob stories about why people need to do a timeshare cancellation than you can count on all your fingers and toes.
How many timeshare owners who have signed on the dotted line of a timeshare contract do you think and woke up and thought, “What in the world have I done?”
A very high percentage of the people who buy timeshare want to do a timeshare exit as fast as they can, once they realize owning a timeshare in for life.
Owning a timeshare is really a life sentence of high cost, because you have signed on, you will paid for the timeshare in one way or another for the rest of your days on planet earth and then... that wonderful timeshare ownership and debt is passed on to the unlucky loved one/s who inherits the timeshare from you.
Even if one day the timeshare in paid-in-full, that does not mean that the maintenance fees stop, or assessments charges stop. This is just one reason so many people want to learn how to get rid of a timeshare.
This very reason is why we have so many grown children who have inherited a timeshare from a passed on parent call our team of timeshare exit experts and asking us how to get out of a timeshare that they do not want but are now obligate to keep paying for.
These grown children have found out that the timeshare they have inherited that was supposed to be real estate is really a worthless transaction that the timeshare resorts passed off as a great commodity to own.
Many times these grown children cannot afford the timeshare debt that has been passed on to them and this extra debt in the form of timeshare payments, timeshare fees or other timeshare bills are about to crush them.
And if they do not get a timeshare cancellation done for them and get out of the burden they have inherited they don’t know what they are going to do.
Sometimes it is unfortunate that some of these grown children who have thought all these years of their parents owning a timeshare, could be sold one day (if they wish, or need be) like a piece of real estate and then because of this misconception that the timeshare resort mispresented to timeshare buyers for years, they get ensnared in the timeshare resales scams themselves.
We keep telling people that the wisest thing to do is to stay away from timeshare and never buy timeshare. It is a concept that is sold to many, many timeshare buyers using smoke-and-mirrors to sell what they (the timeshare resort) knows to be a worthless money investment.
This is a part of a timeshare scam that was told to many potential timeshare buyers for years. So when these timeshare buyer/owners get to the point that they want to cash in on what they thought was a viable real estate investment these timeshare buyers are shocked to find out that the timeshare week(s) that they have valued for years is has really been a worthless financial investment.
Our team of timeshare exit professionals have years of experience as a timeshare exit leader, in the timeshare cancellation industry, we are aware of all the tricks and ploys used by many in selling timeshares and we have the knowledge and resources available to how to get rid of a timeshare as quickly and as easily as possible.
We invite you to log on to our website and see our frequently asked questions or simply give our timeshare cancellation department a call and talk with one of our timeshare exit team professionals.
If you already own a timeshare and feel by purchasing the timeshare, you have become entangled a timeshare scam and would like to receive one of our free timeshare exit team reviews, we will be happy to serve you.
In addition, you might like to know, if you’re trying to find out how to get rid of a timeshare or how to sell a timeshare, you are not alone - so are many other people. As a matter of fact, a lot of people today say, I would never buy timeshare.
Yes this you can know for sure, in today’s timeshare marketplace, many people are trying to learn how to get out of a timeshare.
That’s why our timeshare exit team is flooded with calls from timeshare owners who want to find out more about timeshare rentals, timeshare resales, and information about selling timeshares.
We can help you. Maybe you have said to yourself: I would like to sell my timeshare or maybe you have thought, I don’t have any idea how to sell a timeshare or even how to go about selling a timeshare, but I would like to sell my timeshare. So I would like to talk with someone about selling timeshares.
Well, even though we do not participate in; timeshare resales, selling timeshares, or timeshare rentals. We can provide you detailed information about all the dangers of; timeshare rentals, timeshare resales and selling timeshares, our professional timeshare exit team can answer all of your timeshare scams, timeshare fraud and/or timeshare users group questions.
When it comes to any kind of questions and answers on timeshare and especially on how to get rid of a timeshare, how to get out of a timeshare and everything about timeshare cancellation In these areas our timeshare exit team are the foremost experts and we are known in the timeshare exit profession as the frontrunners. from you today.
If you need to move quickly but don't have the cash for a down payment until your current home sells, an Arizona bridge loan may be just what you need to help make your dreams come true. Learn the risks and benefits of a bridge loan to decide if it is the right choice for you. 
This is where an Arizona bridge loan comes into play. An Arizona bridge loan is a short term loan
