There are now more ways than ever to obtain creative financing when purchasing a home, as well as incentives. For example, the FHA 203(k) Streamline Loan. A purchaser can finance up to $35,000 on top of the contract price for repair to the property they are purchasing. So, don't over look the properties that need a little more repair and updating. Both loans are rolled into one payment. There are several qualifications for obtaining this type of loan. However, a home buyer should talk to their lender to see if they qualify for the program before looking at cosmetically distressed properties. This could open up a whole different market when you have otherwise exhausted all of your options.
For more information regarding the FHA 203(k) Streamline Loan go to www.GreenvilleRealEstateAGirl.com.
Not in Greenville, SC area? I can help anyone, anywhere, buy or sell Real Estate.
"Love what is ahead by loving what has come before."
Lindsay Saunders, Realtor
Keller Williams Greenville Central
www.GreenvilleRealEstateGirl.com
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