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Financing Your Home >Bridge Loans

What if you hear one day that the house you have coveted for years is on the market. Out of curiosity, you might call your real estate agent and arrange to see if the inside of your dream house is as terrific as the outside. It is, and you fall in love with the place. The sellers need a relatively fast settlement, and are not in a position to accept an offer that is contingent on selling your home before closing on the new one. While you are confident your house will sell fairly quickly, you cannot be sure in a fluctuating market.

A bridge loan might be your solution. Many lenders specialize in providing short term loans for just this type of situation. The principal and interest is paid back when you close the sale of your present house. If the market in your area is strong and there is a good possibility of selling your home quickly, or if you are willing to offer your home at a price that will make it attractive in a sluggish market, then a bridge loan is a tool that could make the home you love a real possibility. A good real estate agent and a knowledgeable loan officer are the team you need to work it out.

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Q	Who is "Freddie Mac", and why is he a big name in real estate?
A	"Freddie Mac" is the nickname for FHLMC, the Federal Home Loan Mortgage Corporation, which buys mortgages from lending agencies, thus allowing lenders to continually replenish funds for new mortgage loans.
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Betsy Jacobsen, Realtor Broker, REALTORŽ, real estate agent and broker for Maui, Kula and Haiku Hawaii home listings, property and land for sale - NUMBER1EXPERT(tm)

Betsy Jacobsen, REALTORŽ Owner & Principal Broker
Maui Real Estate Professionals
8 Kiopa'a Street, Suite 2
Pukalani, Maui, Hawaii, 96768
Office: 808 573-2005 x27
Personal Toll Free Fax: 1-866-906-0859
Toll Free : 877-275-2387 x27
Office Fax: 808 572-3022
Business Email: betsy@mauibetsy.com
Betsy began her real estate career in the resort community of Lake Arrowhead California, selling to the entertainment industry from 1988 to 1993. She moved to Maui in February of 1993 and reentered real estate during a slow market as the office and commercial property manager, as well as assistant to the owner of a large upcountry office until she joined Coldwell Banker Island Properties in April 1999.

Betsy opened her own real estate firm - Maui Real Estate Professionals on April 27, 2004. As Betsy Jacobsen, RealtorŽ Owner & Principal Broker The Graduate REALTORŽ Institute (GRI) Accredited Buyers' Representative (ABR) of Maui Real Estate Professionals, she has tripled her sale's production through hard work and a loyal clientele following. Betsy's 2005 Maui Real Estate sale's were just under $33,000,000, propelling Betsy to the #28 spot for the top 100 Realtors on Maui.

As a single mom of two young adults, Betsy's main goal has been to create a healthy and safe environment for her children, balancing a demanding, full-time career with a stable, healthy and joyful home life. Betsy is very proud of her children who were both excellent students and who have successfully moved into the working world. Jennifer, now 21, obtained her State of Hawaii Real Estate License in March of 2005 at the age of 18. Jen is an amazing real estate sale's associate and has proven there is nothing she can not accomplish. Brett, 24, graduated from Purdue in May of 2005 and is now a LTJG in the US Navy stationed on the USS WASP in Norfolk, VA. You can imagine how proud Betsy is of them both.

Incredible customer service, integrity, education, experience and a true caring geared towards protecting her clients has propelled Betsy into becoming one of Maui's most respected real estate brokers. RB #18209

www.mauirealestateprofessionals.com is brought to you by Betsy Jacobsen, Realtor Broker
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