Guard against "gazunders" with bridging loan scheme
Language: English Series: Financial Adviser ; (90) 9 February 1989, 26(1)Publication details: 1989Subject(s): Summary: Notes the entry of the "gazunder" to what is becoming a buyer`s market . Defines gazunder as someone who offers the asking price in a house purchase transaction and then drops it, offering substantially less leaving the vendor in the lurch. Illustrates a possible solution in the form of a bridging loan , describing the services offered by Home-Bridging, a subsidiary of the Collins Wilde Group.| Item type | Current library | Call number | Copy number | Status | Barcode | |
|---|---|---|---|---|---|---|
| Journal article | London Journal article | ABS40401 (Browse shelf(Opens below)) | 1 | Available | 23561-1001 |
Notes the entry of the "gazunder" to what is becoming a buyer`s market . Defines gazunder as someone who offers the asking price in a house purchase transaction and then drops it, offering substantially less leaving the vendor in the lurch. Illustrates a possible solution in the form of a bridging loan , describing the services offered by Home-Bridging, a subsidiary of the Collins Wilde Group.