Un factor importante que da forma al mercado actual es la cantidad de viviendas en venta. Y, si está considerando incluir o no su casa en la lista, esa es una de las mayores ventajas que
Renovation Loans Made Simple
Dated: June 8 2021
Did you know that:
Renovation Loans may be one of real estate's best-kept secrets? This type of mortgage financing allows for both the purchase price and the renovation costs to be lumped into a single mortgage payment. It's a great solution for those looking to create their dream home, especially in markets where inventory may be tight.
BENEFITS OF USING A RENOVATION LOAN:
- Ability to personalize a home you love
- Potential for home equity appreciation upon upgrade completion
- No need for a second mortgage or use of high-interest credit cards
- Lending on your home's after improved value up to 110%*
*(based on lower of: Total Cost (sales + renovation) or 110% of "As Completed Appraised Value". Rates, terms and availability of programs are subject to change without notice
To learn how you can finance the cost of renovation into your mortgage and what types of repairs are covered, contact us today!
For more information do not hesitate to call or message us at
or simply register below
After being under REMAX, Century21 for 15yrs & being an Independent office for 13 Years, George and Maribel Medina decided to give a new name, new face and new Image to GMS Realty Group, LLC. We h....
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