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There are always important changes happening in the real estate market, locally and nationally. These changes can affect YOU. Interest rates, zoning and tax laws, new ways to market your home and enhance its value...

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School Reports in Commerce, White Lake and Milford, Michigan
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Real Estate Tips
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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Real Estate Trivia
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What unique contribution did the town of Flushing, New York make to the American home?

A 
The flush toilet was invented in Flushing.
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The Stockton Team, REALTOR®, real estate agent and broker for Commerce, White Lake and Milford, Michigan home listings, property and land for sale - NUMBER1EXPERT(tm)

The Stockton Team
Keller Williams Commerce

2900 Union Lake Road, Suite 210
Commerce, MI 48382
Office: 248-366-7200
248-505-5600: 248-755-7500
Fax: 248-360-7519
Email: janet@thestocktonteam.com
Email: steve@thestocktonteam.com

We have become the Lakes Area’s top Real Estate team for one reason, and one reason alone: we give each and every one of our clients the loyalty, professionalism, and personal care that we would a member of our own family. Real Estate is a business, to be sure, and because we know it better than any other firm in shouting distance we are able to offer better service through advertising and our negotiating skills. But we are even more proud of our most ordinary daily achievement, which is to develop warm, human relationships with our clients in which we personally demonstrate the highest levels of commitment, expertise, and perhaps above all, good timing. We love the Lakes Area and we know it from the inside out. Working together, we promise that you will be delighted not only with the outcome we achieve but the way we have achieved it.

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