repair loan: Rehab Loans: Mortgage Financing for the Fixer-Upper
- 06/24/07 11:57 AM
A bank owned property in Tampa, Florida; Foreclosure sale in Clearwater, Florida; For Sale by Owner in St. Petersburg, Florida...what do they all have in common? THEY NEED WORK! If you are a buyer, a seller or a Realtor and are faced with a home that needs a little "TLC"...There's a solution! Tampa Bay Florida buyers can now utilize rehab loans. What is a Rehab Loan? This is a mortgage which allows a buyer to finance the cost of repairs into the purchase price of the home. Put more simply, this mortagage allows you to wrap the costs of the home plus the cost of repairs into … (23 comments)
A bank owned property in Tampa, Florida; Foreclosure sale in Clearwater, Florida; For Sale by Owner in St. Petersburg, Florida...what do they all have in common? THEY NEED WORK! If you are a buyer, a seller or a Realtor and are faced with a home that needs a little "TLC"...There's a solution! Tampa Bay Florida buyers can now utilize rehab loans.
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