Are you considering a distressed property, fixer-upper, or home in need of some repairs? Homes that need a little work or updating can often be a great bargain turned investment, but some potential buyers shy away from these deals, afraid they can’t afford an out-of-pocket expense for renovations.
Renovation loans allow for financing of the purchase price as well as the cost of repairing or renovating several elements of the home in one mortgage loan. From small repairs to large ones, there are many options to fit your specific needs.
Please click the image to more to read throughout powerpoint which outlines, home renovation projects.