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.
Get a financial planning quote
The general rule with spending money is that you should only spend what you can afford to spend, on things that you really need. And, if you cannot afford to buy what you really need right now, take a few months to save up for it, rather than taking out unnecessary credit.
Read More ...Posted by Gary Walker on Friday, November 26, 2021 Views: 0
Although not all debt is bad, it’s important to know that even good debt can become bad if it’s not managed smartly and you cannot afford to pay it. The unfortunate reality is that South Africa is one of the countries with the most debt in the entire world. What’s worse is that South Africans tend not to save much either.
Read More ...Posted by Gary Walker on Sunday, November 21, 2021 Views: 43
So, you have decided to speak to a financial advisor about your personal financial planning but you’re not sure what kind of questions you need to ask to make sure the person or company you have chosen is the right fit for you.
Read More ...Posted by Gary Walker on Tuesday, October 26, 2021 Views: 100