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fha 203k program: Fixer-Upper Financing for Your Lake Havasu City Home - 04/06/10 03:24 PM
Buying a fixer-upper without financing can be a scary thing in today's real estate market where short sales and foreclosures are plentiful. But there is a program to help you with your fixer-upper financing.
The Federal Housing Administration (FHA) loan program has been around since 1978, but not many borrowers took advantage of the FHA's 203k program in 2009. As a matter of fact, not many lending or real estate professionals are aware of the program.
Through the FHA's 203k renovation financing loan program, borrowers can fold in $100,000 worth of repairs and improvements into $300,000 and $400,000 mortgages. Using the … (0 comments)
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Vicki Lind
Lake Havasu City,
AZ
More about me…
Keller Williams Realty
Office Phone: (928) 486-6227
Email Me
Vicki Lind’s Lake Havasu City Blog will present community information, new and events for Mohave County communities of Lake Havasu City, Lakeridge Estates, Canterbury Estates, Sun Lakes Village, Desert Hills, Havasu Heights, Havasu Foothill Estates, The Refuge, Horizon Six, Mohave County and the Golf Course Communities of Nautical Estates, The Refuge and London Bridge Golf Course. You will also find periodic real estate market updates, real estate tips for buyers and sellers as well as current market conditions and real estate news on a local and national level.
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