JOANNE'S BLOG

August 11th, 2010 1:32 PM
"Fixer-Uppers"  can be a scary phrase, prompting the question: Is this home going to break me? I have visited many "As-Is" properties during the past few months, bank owned properties and/or short sales. Some homes are in need of only minor repairs & appliances, and yes, there are others with missing windows, doors & AC units.  These homes can become a "Dream Home" with Renovation Financing, better known as the 203k loan.  This type of loan allows a buyer to finance the purchase of a home AND finance many repairs, whether it be minor items such as painting, carpet, tile, lighting fixtures,  etc. or major improvements such as updating a kitchen or bath, new roofs, pool repairs, and more. Some repairs may be required and others may be desired. As a member of Re-buildUSA, and a Certified 203k Specialist, I am here to guide you through this process. Both Investors and Owner-Occupants may qualify for this type of loan.  Home prices are lower now than they have been in years, now is the time to take advantage of the distressed property market.  Interest rates are also at an exceptionally low level. Call me @ 727-692-8685 to find out how to qualify for this loan and then let's start looking at the "Fixer-Uppers" and the "As-Is" properties with vision of the "Dream Home"  instead of fear of the unknown.  Once you find the home with a floor plan to fit your lifestyle, let's talk about how "You Want It To Be" and start the process on paper ... It will be fun !

Posted by Joanne Trugman on August 11th, 2010 1:32 PM

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