rehab loans: USDA loans can be used to buy "fixer uppers"...Here are the best tips I know! - 05/22/09 05:50 AM
Hello everyone!  Everyone on AR,and in the Realestate Market...I am sure KNOWS that USDA loans (where applicable) are arguably the BEST PRODUCT OUT THERE!!!  However, did you know that you can purchase a home that needs some LOVE and FINANCE the improvements?  All with NO MORTGAGE INSURANCE AND AT 100% of the purchase price or value?
Now, let's be realistic...your listing, or the house you want to buy...cannot look like this!
 HOWEVER, A USDA "subject to" appraisal can be done on a home that needs a little less love!!!
Now, what is a "Subject to" appraisal you ask?
It is an appraisal done on a home, SUBJECT … (83 comments)

 

Darin Osenberg

Nashville, TN

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Funky Quail Vintage

Address: krovy@aol.com, Nashville, Tn, 37211

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