Sunday, December 18, 2016

The Renovation Revolution: 203K And HomeStyle Mortgage Loans, Mark Greene , CONTRIBUTOR

You can get a mortgage to buy a house and fix it up at the same time using the same loan. 

Many of the existing homes that are listed for sale in today’s markets, are functionally obsolete because they are older and don’t have the amenities today’s buyers are looking for in a home.
And according to the National Association of Realtors, there is a limited inventory of existing housing stock. If we add in foreclosures and short sale candidates, then maybe the reason Existing Home Sales are down is because there are so few houses on the market and many of those need lots of TLC... read full article at the link

203K and Homestyle Loans