Tag Archives: Margin Loans Help Buyers Close Deals

Margin loans for short-term financing can help potential home buyers get cash fast to close a deal or win a bidding war and an increasing number of people are turning to them for a quick fix. “A person with easy access to cash may have a leg up over someone who has to have long-term financing,” explains Tucker Watkins, a private wealth adviser with wealth-management company Ameriprise Financial Inc. The product offers some pricing benefits, as there are no closing costs, no property appraisal is required, there are no prepayment […]