December 19, 2017
There are many things that can be done to renovate your new home. In fact, the list is so long, it seemed more effective to provide a list of all the ineligible improvements to a property. Here's what you can't do:
- You Can't tear down a home and rebuild i...
December 15, 2017
Here are the types of properties that you will not be able to use a 203(k) loan to renovate.
-Mixed use properties in commercial zoning
-Non-FHA or warrantable condos
December 14, 2017
Fannie Mae Homestyle Renovation loans allow for any type of repair, as long as it is permanently affixed to the property. These loans cannot be used for tear down and reconstruction of a new dwelling.
There is one exception to the “permanently affixed to the property” c...
Our Recent Posts
2 Questions answered for 1st Time Home Buyers
April 3, 2018
The Draw Schedule
March 28, 2018
4 Things to Think About When Choosing a Realtor
March 23, 2018