Learn about the process of buying a home with the 203(k) mortgage that allows a home in need of repair or upgrade to get financing both for the purchase and for the repairs.
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Best Main Your Property Value Scoops
Maintaining Your Property Value Can Pay Off Big When it's Time to Sell. Hello there -- it's Agi Anderson, Your Brevard FL Realtor. As a Top Listing Realtor, I review quite a few Brevard FL home inspections and I the #1 culprit is deferred home maintenance, which impacts property value in an adverse way. This is what actually led me to advising homeowners how to preserve their property value. I scan the web scooping up on the BEST blog posts that support maintaining and preserving property values on the Brevard FL Space Coast. Learn more about preserving your property value at PreserveYourPropertyValue.com Curated by Best Blog Scoops |
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Learn about the process of buying a home with the 203(k) mortgage that allows a home in need of repair or upgrade to get financing both for the purchase and for the repairs.
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Scooped by Best Blog Scoops |
Distressed sales accounted for 9.9% of total home sales in March 2016, and real estate owned sales accounted for 6.8%, according to a recent report from CoreLogic. The current REO sales are 21.1 percentage points below its peak of 27.9% in January 2009. They were down 2.4 percentage points annually, making it the lowest REO sales for March since 2007. March distressed sales were down 2.7 percentage points from March 2015 and down 1.6 percentage points from February this year. While distressed sales play an . . .
According to CoreLogic, there are two more years until we reach a stable real estate market. Distressed properties which include foreclosure homes and short sales will continue to be a part of the inventory with properties for sale. In 2008 I predicted it would take 10 years to recover from the real estate tsunami of our times. People thought I was crazy, but you know what, I was right.
If you are thinking about investing in real estate, NOW really is the time. Lacking funds, what about a self directed IRA which makes you a CASH buyer. Whether your searching for a residential home or a money making investment property reach out and connect with me, the FL Property Diva.
The Federal Housing Administration (FHA) 203(k) mortgage loan allows homebuyers or homeowners to finance the cost of repairs into their total mortgage amount.