Opportunity is available now to purchase distressed homes that have built in equity. These homes may be damaged, but provide an opportunity to aquire and fix up the home of your dreams. If you are able to qualify under normal loan guidelines and meet the requirement of as little as 3% down payment then you can secure up to $35,000 to renovate that home. With those funds, you can upgrade flooring, cabinets, windows, paint, bathrooms, and other home related items to make that house your very own home. Time is limited on this program relative to the 3% down payment and after Jan. 1, 2009, the program will have a new requirement of 3.5%.
Homes are available now and deals are disappearing as fast as they post. Don't let a real estate investor beat you to the punch. If you are looking for this type of investment, you should rely on an experienced lender and Realtor to ensure the best deal possible. Please contact Linda Greco with Integrity Realty Group at 410.838.1266 ext. 122 or Frank Gilmartin with First Home Mortgage at 410.879.0160 ext. 114.
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When buying or selling real estate in the Bel Air, Fallston, Aberdeen, Perry Hall, Towson areas of Maryland, I provide the tools to make a stress free and smart investment .
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