Sold your home for a profit, and now need to wait 3 months to get hold of the profits?
Receive up to 80% of your surplus upfront!
Do you require funds for:
Bridging finance is essentially a short term loan that is set up between you and a financial institution that specializes in these loans, which allows you to gain access to your money.
Bridging Finance allows you access to your surplus funds in the early stages of the transfer and/or registration process. The normal transfer / registration process can take up to 3 months. Olemera Financial Services can advance up to 80% of the surplus funds within 2 days from signing all documentation with the attorneys.
To work out your surplus you take what you sold your house for, take off your current outstanding bond value and any legal fees and other costs like the commission the agent takes, and this would leave you with your surplus.
Contact our financial planners for more information about our financial bridging services.
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We cannot stress enough the importance of having a retirement annuity or another form of savings or investment to finance your years of retirement.
As South Africans, we are faced with a plethora of challenges which make providing for our retirement relatively tricky.
Read More ...Posted by Gary Walker on Friday, May 31, 2019 Views: 76