Helping make real estate dreams come true Are you looking to buy your first home and what is available in your area is not in a condition you like ? Many REO/foreclosed properties are being sold "AS IS" with the lender(owner) not offering any repairs prior to purchase. An FHA 203K loan with as low as 3.5% down payment of the after renovation value may be the answer for you. Looking for a deal in your market? Look for a fixer upper that conventional financing will not fund and certainly Rural, VA and USDA Direct will not touch. Generally such properties are priced below the market to attract cash buyers. You can buy such properties at a discounted price via 203K financing with as little as 3.5% down payment of the after renovation value and be a happy homebuyer. The FHA 203K loan can be a great option for many home buyers. There are not many loan consultants in ...
A quirky blog by a Real Estate Broker about Central MN Real Estate, about town happenings, real estate tips, life, short sales, Minnesota lake homes, Minnesota log homes, first time home buyers, Military Buyers, downsizing, upsizing and Minnesota lake cabins for sale.Waterfront property in the Brainerd Lakes area is for you!