Finance
Bridge financing in Oklahoma real estate is short-term financing used to:
AFinance long-term commercial development
BFund the gap between purchasing a new property before the sale of an existing one closes✓ Correct
CReplace conventional financing for first-time buyers
DFund energy-efficient home improvements
Explanation
Bridge financing is short-term (typically 6-12 months) and helps buyers purchase a new property when the proceeds from their existing property sale are not yet available. It 'bridges' the gap between the two transactions.
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