Best Brevard FL Real Estate Scoops
3.8K views | +0 today
Follow
 
Scooped by Best Blog Scoops
onto Best Brevard FL Real Estate Scoops
Scoop.it!

Buy or Refinance a Home, Roll Renovation Costs into Mortgage

An FHA 203(k) home loan allows borrowers to take out a loan to puchase the property and make improvements, if it will be their primary residence.
Best Blog Scoops's insight:
Something to remember, property can NOT over appraise once renovations are complete. Be mindful with budgeting, do not over improve, select materials carefully to stay within your budget. Also, there are time constraints that must be followed. A property does not need to be in disrepair to obtain an FHA 203k loan, you can obtain funds for a remodel. Buying at the right price is critical, but so is budgeting the expenses to renovate.
No comment yet.
Best Brevard FL Real Estate Scoops
Ahoy there, it's Agi Anderson, Your Brevard FL Realtor and the proud owner of BrevardFLRealtor.com There are so many facets to being a Realtor and resident on the Brevard FL Space Coast, that’s why I provide 10 different topics of the Best Blog Posts across the web … You can follow one topic or follow them all. I scour the web scooping up the BEST blog posts with real estate, healthy living, boomers downsizing/retiring, life on the Space Coast, Home Decor and much more! Questions? You can call, text or email me using my online  Biz Card card at … ContactAgiNow.com.com
Curated by Best Blog Scoops