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Lehigh Valley Foreclosures & Real Estate Getting a Loan for Foreclosures, Handyman Specials & Short Sales - THERE IS A WAY

By
Real Estate Agent with eXp Realty RS282575

Lehigh Valley Foreclosures & Real Estate - Do you want a GREAT DEAL? Are you interested in finding a home that needs work but wonder how you can get a loan on the property? Then Rehab loans are for you. Learn Here.

Times have changed....we are digging our self out of a Recession and the way MOST are buying homes has also changed.

CURRENT FACTS


1) MOST Home Buyers are going with an FHA Loan where you only need 3.5% Down as of
Today 3-23-10.
2) The problem with the Standard FHA Loan is there is an FHA appraisal required that will
not allow any major home repairs and this will make it impossible for home buyers to purchase the below properties. 

SO HOW CAN YOU BUY THE FOLLOWING TYPES OF PROPERTIES THEN?????

Our Current Lehigh Valley Real Estate Market is filled with the following types of homes.
Homes that Need "TLC"

"Handman Specials"
"Investor Specials"
"Foreclosed Properties - Enter at your own Risk" know as Bank Owned Homes
"Vacant & Occupied Short Sales"

The way to purchase homes like this IS the best KEPT secret in THE Lehigh Valley A
rea.

Now, this type of Financing is NOT something you can do on your own...you need the guidence of professional Mortgage Renovation specialists and a Real Estate Agent "Buyer Agent"  who also works with Home Buyer's interested in purchasing Distressed - Handyman Specials, Foreclosures and walking you through the entire process of purchasing a home and getting a rehab loan that fits your needs.

NOTE: NOT EVERY MORTGAGE COMPANY WORKS WITH THESE PROGRAMS

NOTE: NOT EVERY REAL ESTATE AGENT IS INTERESTED IN HELPING BUYER'S WITH THESE PROGRAMS.
NOTE: IT IS HARD TO FIND INFORMATION ON THESE PROGRAMS AS IT IS NOT QUICK AND EASY TO DO...BUT WORTH THE TIME AND EFFORT. That is why you only found my Blog on the topic.

WANT MORE?  Check out more Topics or Go to my Lehigh Valley Foreclosure Blog

We have broken this process down to make it easy to understand and easy to get the basics.


What is FHA Renovation Financing & How Does it Work?

What Type of FHA Loans are Available for Renovation Financing?

What is the process for Getting an FHA Renovation Financing Loan?


* Lehigh Valley Foreclosures & Real Estate - Getting a Loan for Foreclosures, Handyman Specials & Short Sales-THERE IS A WAY* Moriah Martin is licensed under a Creative Commons Attribution-Noncommercial-No Derivative Works 3.0 United States License

Posted by
Warmly, Moriah
 
"You're in Good Hands with Buying and Selling"
 
Moriah Martin, Real Estate Agent
Moriah Martin Real Estate Group
Direct: 610-914-3763
 
(GPS Mobile App - Get Property Info on the Go!) 
License # RS282575
 
Keller Williams Real Estate
2901 Emrick Blvd
Bethlehem, PA 18020
Office: 610-867-8888
Fax: 610-867-8889