Tuesday, March 1, 2011

Buying a home that needs work?

Are you in the home search phase and everytime you find a home in the area you want to live in , it needs WORK ? It has everything you dreamed of in a home except it has that dated 1970's kitchen or the foiled wall paper bathroom. Well, why not talk to your loan officer about a 203k loan. I recently found out that to qualify for this type of loan the property does not need to require a rehab.The property could be in fabulous condition and simply need a cosmetic upgrade.For instance, you could upgrade the old kitchen to your dream kitchen or old bathroom to the tiled bath with new tub and countertops. In short, if you are a buyer feeling frustrated about not getting everything you want in a home, than a 203k loan may be just what you are looking for. email me today ( listwithliz@cox.net) and I will direct you to a knowledgeable 203k loan officer to help get you started on the purchase of your dream home.