Finance
A 'bridge loan' in Idaho real estate is used when:
AA buyer needs to finance a bridge or overpass on their property
BA buyer needs short-term financing to purchase a new home before selling their current home✓ Correct
CA commercial developer needs to bridge the gap between construction and permanent financing
DOnly option B
Explanation
A bridge loan provides short-term financing — 'bridging the gap' — to allow a buyer to purchase a new property before the sale of their current property closes. It is a temporary loan, usually with higher interest rates.
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