construction loans: Open on Saturday…38 acres and a contractor’s dream! - 09/11/12 06:59 AM
  Yes…38 acres, 2 barns, amazing views and a very unique unfinished addition.  Come on in on Saturday and see the inner workings of a radiant floor heating system, 3 car garage and great room natural views!  Financing details on hand so you can see how to finish what has been started with this very large addition.
The rough work is done – rough plumbing and electrical is in and passed inspection.  All Anderson windows and roof in place.  Purchase includes all the kitchen cabinets and hardwood flooring that is to be installed!  Over $30k value in finished materials!  Would make … (0 comments)

construction loans: The Rehabbers’ Guide to 203(k) Loans - 03/06/12 08:48 PM
  Tight-fisted lenders have made home equity loans harder to come by. So what’s a fixer-upper to do? Meet the 203(k) loan.
Lenders’ weak stomach for extending credit doesn’t have to sour your upgrade dreams. The old but new again FHA 203(k) loan rolls remodeling and mortgage costs together, whether you’re buying or refinancing an existing home loan to pay for upgrades.
First, some 203(k) basics:
15- or 30-year term option ARM or fixed-rate option 3.5% down payment; other FHA loan qualifications apply Interest rate a tad higher than market Higher fees compared with equity or other FHA loans, for such … (6 comments)

 
Mullen Real Estate Team, Broker, Realtor, CPA, MBA (MA & CT) (RE/MAX Professional Associates)

Mullen Real Estate Team

Broker, Realtor, CPA, MBA (MA & CT)

Worcester, MA

More about me…

RE/MAX Professional Associates

Address: Marlborough, MA, 01752

Office: (508) 784-0504

Mobile: (617) 899-2146



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