How to Make a 203K Loan Work For You!
AND, Get a Good Deal While You're At it Too!
With the Federal Tax credit is coming to a close, many are scrambling to find their "perfect deal" in a SMALL amount of time. While price, features and location are always the considerations in purchasing a home, its not uncommon to find buyers becoming frustrated as they can seem to only to be able to find 2 out of 3 of the considerations...
Most are able to find house they want, in the location they want, at the price they want, only not with all the "features" they want and they don't have the liquid cash available to make it what they truly feel their home should be. Hence, the catch 22 that many buyers are facing right now....However, there is a SOLUTION!
Programs like the 203k loan and other variations of this program were created JUST for this purpose! So, now you can have your cake AND eat it to!
Basically, the 203k loan is a fancy way of saying a HOME IMPROVEMENT LOAN. This program can be used to accomplish rehabilitation and/or improvement of an existing one-to-four unit dwelling in one of three ways:
· To purchase a dwelling and the land on which the dwelling is located and rehabilitate it.
· To purchase a dwelling on another site, move it onto a new foundation on the mortgaged property and rehabilitate it.
· To refinance existing indebtedness and rehabilitate a dwelling.
I know of the PERFECT home, at the PERFECT price, in the most PRESTIGIOUS cobb school district that simply needs a few of your own PERFECT features to make it a STEAL in today's market.
Located in the highly-desired Shallowford Falls school district, this home boasts GORGEOUS BONES and provides the opportunity for a CLEAN CANVAS to customize this home to YOUR tastes!!!
4151 Woodlark Ct., Roswell, GA
Features include:
Can you see how a little love, can go a LONG way?? Recently reduced almost $20k, its HARD to find such a solid property in a posh location for under $300,000. and, lucky for you, this one is ONLY $269,900!
For more information on how to snatch up this KILLER deal or find ways to incorporate a 203k loan to make your home the one that's PERFECT for you, please call me at 678-463-3173 or visit www.onewinter.biz
ActiveRain Corp. is not responsible for the accuracy of the site's content (which is written by members of the ActiveRain Real Estate Network) and does not endorse the views of the real estate agents, mortgage brokers, and others listed here.
Powered by the ActiveRain Real Estate Network
© 2009 ActiveRain Corp. All Rights Reserved