Foreclosures,short sales, and empty homes all lead to homes that need repairs. I can not tell you the number of times we have entered homes and discovered missing air conditioning units or missing kitchen cabinets.
Well how can you buy a home that needs so much repair? Where will you get the money after closing to fix that leaky roof? The FHA 203k loan is your answer. You can buy that beast of a home in a great neighborhood and turn it into the beauty of your dreams. You can add a new kitchen, the 13 seer Air Conditioning unit or roof to the mortgage. You can add a new master suite and bath to the 2 bedroom, 1 bath home. Do not let the condition of the home make you walk away from it. If the home is in the right location, or the lot size you have dreamed about, lets talk about how to make it into a beauty.
