Sunday, March 13, 2011

203K Loans....Buy that Fixer-upper!

“Make a good home Great” with an FHA 203K Renovation Loan. You can Purchase or Refinance a home and get extra money to make improvements with just ONE loan, which means one monthly payment. You love the neighborhood, the house has great character and bones but you want a new Kitchen with Stainless Steel, have it the home you have always dreamed of!

PROGRAM BENEFITS:

· One Closing, then repairs begin

· Mortgage based on after repairs value

· Enable borrowers to buy Foreclosure Property without having cash on hand for needed repairs

ELIGIBLE REPAIRS:

· Roof, gutter and downspouts

· Interior or exterior painting

· Room addition or garage

· Remodel Kitchens and Baths

· Update Appliances

· Flooring, tiling and carpets

· Plumbing Heating AC etc

· Install or Repair Well or Septic

Now is the time to buy a home and improve the beauty, comfort and value of your new home.


For more info email me at efiore@remax.net

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