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bridge financing what is it and when do you need it if youre buying a home and youre selling your existing home also sometimes theres going to be a space in between where you need the money from the sale but you dont have it to get the new house in Alberta you need that money in order to get possession of the new house so if youre relying it from the sale and you dont have it you dont have anywhere to live what do you do bridge financing sometimes its called interim financing what this means is a lender will lend you the money from the sale of your home before you have it to use t able to buy the new home and then once the sale goes through the funds from the sale go to pay back that lender its all pretty efficient some people will try and rely on putting their sale day and their purchase leon the same dates to avoid it but you cant always rely on those funds being there on time if its important for you to have a place to live and put your stuff then you should really get b