No longer do you have to wait until the future closing date of your home to receive your money from the proceeds of sale. Tembo Financial can have your funds to you in as little as 48 hours (from receipt of application) with no appraisal and no credit check!

Tembo Financial offers property owners a unique service whereby once you have received, and signed off on a firm purchase and sale agreement on your existing property that you had listed for sale, you can apply for an advance on your equity that you would typically receive upon closing of the sale and the transfer of title.

For example: If you were to sell your home firm on April 1st, but the closing date is set for June 29th, you would normally wait the 90 days until closing to receive your proceeds of sale. Thanks to Tembo Financial, you could avoid this waiting period, and receive your proceeds of sale within 48 hours, or in this case by April 3rd.

Use your equity advance for a variety of things.

Closing Costs

Closing Costs include legal fees and disbursements, land transfer tax, and other costs associated with the purchase and sale of your home.

Moving Expenses

Moving Expenses can include truck rental fees, labour costs, packing materials, insurance coverage, and other unexpected costs.

New Furniture

New Furniture can be necessary when downsizing or moving into a larger home, but this additional cost is not always accounted for.

Home Repairs

Home renovations can include costs such as labour, appliances, and equipment. Improvements can cause an increase in the value of your home.

Personal Emergencies

Personal Emergencies are almost always beyond your control, and can incur unexpected costs at a rapid rate to you and your family.

Vacations

Vacations allow you, the homeowner, to take time away from the stresses of moving for some rest and relaxation you deserve.