By Charlie Brown

Bridging caters for interim financing until the next stage of funding or permanent funding is obtained. The money from new financing is typically used to take out or pay back the bridging loan. Bridging loans are additional loans that are taken out on top of existing home loans until properties are sold and loans are subsequently closed. During this bridging period you will have two loans that are subject to interest charges.

Types of Bridging Loans

Borrowers can generally choose between the options of open or closed bridging loans.


An open bridging loan is where the property sale has not been completed and property may not be on the market. It can be used when home buyers find ideal property and aim to make an offer but their existing property is yet to be sold. An open bridging loan usually requires more equity in the property and a backup plan is a worthwhile consideration in case the property sale does not go on as planned.


A closed bridging loan is based on a date that has been previously agreed on for when your property will be sold. This means that the remaining principle of the loan can be paid out. Closed bridging loans are suitable for consumers who have agreed on sale terms. Since the sale terms of the property have been locked in, this type of loan poses a lower risk to the lender.

Reasons to get Bridging Loans

Bridging loans prevent the stress and hassle of attempting to align settlement dates and gives you a higher chance of selling your current home at a fair price without being under time pressure.
– While it would be ideal to sell your current home and purchase one on the new day, the reality is that there is a period during which the purchaser has to arrange for financing in order to buy a new before the day of settlement.
– With the uncertainty in the property market, bridging finance makes it possible for people to purchase new homes while waiting for their existing homes to be sold.
– It is important to note that bridging loans may not be suitable or available to all borrowers. Lenders usually require borrowers to have a certain equity amount in their current homes. Alternatively, lenders may require borrowers who do not have equity in their current homes to pay higher interest rates on bridging loans for new homes. (more…)

By Charlie Brown

Lawyers have been in existence since the ancient times. Their work was mainly to make rules and maintain order and peace in the communities. Nowadays, lawyers are found in every part of the globe and they represent people who have legal problems. In this demanding field, consumers need to find the best lawyer who is successful in what he/she does. Here are a few important characteristics of the best lawyers.

Continuing education

A good lawyer is one who actively pursues continuing education. This is because continuing training helps lawyers to be conversant with the developments that occur in the legal field. The laws keep changing and only lawyers who pursue additional education are updated on new developments in their area of expertise. This ensures that they represent their clients better regardless of the cases they have.


You need to hire a lawyer who has excelled in similar cases in the past. They have acquired relevant experience and skills that will help them handle your current case with professionalism. In addition, they have a better understanding of the legal system and have a network of legal professionals to help him/her whenever necessary. An experienced lawyer offers better services than one who is just starting out or is fresh from college.


A good attorney is one who specializes in a specific field. Law is a wide field with different sections and you do not want to deal with a Jack of all trades, master of none. Specialist lawyers have a deeper understanding of the law and will provide you with excellent representation. Such professionals have obtained deeper insights over time by immersing themselves in their industry through reading blogs, publications or websites, joining industry associations, networking with industry players, and attending conferences. Contact Cummings & Lewis Law Firm for specialized legal services.

Client care

By Charlie Brown

“Penny stocks” was a term initially attributed to stocks having a share price lower than one pound. Today, the phrase is used to cover stocks that value more than one pound. Penny stocks come with an allure of big profits at little cost!

Recently, iOS smartphones have become a favorable ground to experiment in penny stock trading and other investments. Have you been planning to trade penny stocks? If yes, then some valuable resources can enhance your trading experience and help you succeed.

One of the best ways to have access to quick quotes is by using the advanced apps for penny stock trading. These apps help you navigate the stock market in detail and arrive at better trading perspectives. Discussed below are the best 3 penny trade iPhone apps for 2018 users.

1. Real-Time Stocks

For any active trader in penny stocks, this is a must-have app! With a fantastic rating of 9.2, the app offers features for both beginners and established traders. Real-Time Stocks provides quick references, and it can trade without a snag or delay, and it is efficient in tracking your investment, managing several real-time quotes and holding on to the best rates. You would not need a broker's assistance or account to access this app.

2. StockMaster

Regardless of whether you are a day-time trader, a first-time penny stock trader, an expert at the stock market or even a part-time investor, StockMaster is one app that will help you restructure your total trading experience in a meaningful way. Simple to navigate and user-friendly, the app does not allow room for any confusion.

The app comes with advanced interactive charting features and accurate tracking and investment choices. It also offers real-time highlights and quotes on the trends. Whether you are trading penny stocks or adding/removing them, this app is immensely helpful.

3. Scutify

Whether you are an investor, trader, beginner or expert, Scutify has you covered! (more…)

By Charlie Brown

It is essential for all home buyers and owners to understand the protection that a homeowner’s policy provides. Home insurance offers financial protection against losses that result from accidents, theft and disasters. Standard policies consist of different types of coverage. These include coverage for the home structure, personal belongings, additional living expenses and liberty protection.

Home Structure

A home insurance policy caters for rebuilding or repairing a home if it is ruined or damaged as a result of lightning, fire, hurricane, hail or other disasters that are listed in the policy. Many policies also provide coverage for separate structures like a gazebo, garage or a tool shed which is usually a specified percentage of the total amount of insurance that you have on the house structure.

Standard policies do not typically pay for destruction that is as a result of normal wear and tear, an earthquake or a flood. When buying insurance coverage for your home structure, make sure you purchase enough to cover rebuilding your home.

Personal Possessions

Your sports equipment, clothes, furniture and various personal items are covered in the event they are destroyed by insured disasters such as hurricane or fire and if they are stolen. Coverage is usually a substantial percentage of the insurance on the structure of the home. Carrying out a home inventory is the most effective way to determine whether you have enough coverage.

– Coverage for personal items includes belongings that are stored off premises, which means you can be covered in any part of the world. Some companies restrict the amount to a certain percentage of the insurance amount that you have for your belongings. Find Arizona home insurance companies here.

– There is also coverage for unauthorized use of credit cards. Expensive possessions such as silverware, collectibles, art and jewelry can be covered but there are typically limited amounts if they are stolen. Purchasing a special form of insurance is advisable for insuring valuable items and their official appraised value.

– Standard home insurance covers shrubs, plants and trees but plants and trees that are poorly maintained or diseased are not usually covered.

Liability Protection

– Liability protects you against litigation for property destruction or bodily harm that you or a family member causes to someone else. It also covers damage caused by pets. For example, if your child or dog ruins the neighbor’s couch, you will be covered.

– The liability part of a policy pays for legal defense and court awards up to a certain limit according to the terms of your policy. If your assets are significant and you need more coverage, consider buying an extra liability or umbrella policy that provides greater liability limits and extensive coverage. (more…)