fha 203 k: Want to buy a "Fixer Upper" and mortgage the cost to repair it? - 03/29/08 01:28 AM
The FHA 203(k) Streamline Renovation Loan Program is a mortgage to consider whether you are buying a "Bank Owned" or any home that needs work. Repairs can range from minor improvements such as new appliances, paint, and carpet, to an addition, updated mechanicals, new kitchen or bath.
The purchase of a house needing repair is often a "catch 22" situation because most lenders will  not lend money to buy a home until needed repairs are completed. However, the repairs typically cannot be completed until the home is purchased, so what do you do?  Rose Balhorn, of John Adams Mortgage, can help! HUD's FHA 203(k) Streamline Program is the … (0 comments)

 
Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate (Real Estate One) Rainmaker large

Robin Cutler and Kay Pearson, Clarkston, Michigan Real Estate

Clarkston, MI

More about me…

Real Estate One

Address: 31 S. Main Street, Clarkston, MI, 48346

Mobile: (248) 860-0366

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog