CONCLUSION OF TESTIMONIES: Real estate problems - bridge loan and difficulties

"Call for Testimonials Reviews on Real Estate Crisis: Do you have a mortgage bridge and are experiencing difficulties selling your property? Tell us."."

This type of credit, which allows you to purchase new housing before selling the old one, is not without risks during a market slowdown. Published24/10/202311:29 Reading time:1 min min

This is a common solution for purchasing future housing without waiting. Thanks to the credit bridge, a short-term loan usually stretched over one or two years, owners can obtain a quick cash injection to not miss out on a good deal while having time to sell their house or apartment. However, in a slow real estate market, this option can be risky. Potential buyers become less interested, and sellers are sometimes forced to lower the price of their property, hoping to find a buyer before the credit term expires.

The Franceinfo editorial team wants to give a voice to families who have taken out a bridge loan and are worried about the approaching repayment deadline. What difficulties are you experiencing in selling your previous home?