Monday Nov 9 | Posted by: LVCO
Winston Schwartz, president of Winston-James Development, Inc., which is developing the Villages of Royal Palm, said the developer will grant a bridge loan that means interest only with no payments for up to six months while the buyer’s former home sells.
Winston-James Development will also assist the homebuyer in selling the former home, said Schwartz.
A Guaranteed Purchase Program offers a guaranteed sale of the former home within one year, Schwartz said.
We will place the former home with a qualified realtor who will guarantee sale of the home in one year or buy the home,Schwartz said.
In these challenging times, we have to develop creative ways to help people buy the new home they want,said Schwartz.
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