Are you hunting for a bargain fixer-upper? Needless to say, there are many distressed homes on the market. These properties have two things in common: They usually need repairs on deferred maintenance and the prices are very low. As a result, many people are able to purchase a home who couldn’t do so before. The problem is that often the bathroom is a wreck, the flooring is damaged, and there are no appliances left. FHA comes to the rescue with the 203K mortgage, which
If you’re interested, work with a mortgage professional who is experienced with both the 203K and the energy-efficient mortgage. These can be combined to produce an effective renovation solution.