Something new that is old was modified to allow a streamlined approach to getting the financing needed to fix up your home BEFORE selling your home. Or if you want to BUY a new home! Imagine buying a home for the low values today, and needing up to 35,000 to do improvements, like carpet, paint, and even a new kitchen and getting a loan for the whole amount! How do you find that kind of money after you have put your life savings into the down payment for it! This is a great program and you will undoubtedly need more clarification but here are the types of improvements you can include:
• Alterations and reconstruction like minor structural damage, chimney repair, bath installation, skylights, finished attics and basements
• Improve function and modernize – Remodel your bathroom or kitchen, install new permanent
appliances
• Eliminating health and safety hazards – Baby proof your home, strip and replace old paint
• Improve your home’s aesthetic appeal – Get rid of the shag carpet and avocado stove, add a covered porch, get new siding
• Overhaul or replace plumbing, heating, air conditioning and electrical systems
• Install, repair or replace well or septic systems, or connect to municipal resources
• Repair the roof, repair or install gutters and downspouts
• Flooring, carpeting and tiling – Install hardwood floors in the kitchen, new tile in the bathrooms and
carpet in the living room
• Energy conservation improvements – Install double pane windows, replace your old thermostat with a digital model
• Major landscape/site improvement
• Make your home handicap accessible
• Add an attached/detached garage
• Make up to $1,500 in repair to an existing swimming pool
This innovative mortgage program is a first mortgage loan that allows you to purchase or refinance a property PLUS roll the cost of improvements into one payment—with only one closing! It is an FHA 203k Streamline. Talk to me about how to negotiate that deal to make it best for you!
23 years of experience can go to work for you or your friends, learning about your new home town! Whether it is Highlands Ranch, Lone Tree, Littleton, Castle Rock, Centennial, Englewood, Parker, Elizabeth, Larkspur, Franktown, Kiowa, or anywhere in metro Denver Colorado, we offer real estate advice, properties for sale,idx multiple listing service, property listings, mls, all available at www.DenverRelocation.com. Drop me a note to pete@Denverrelocation.com
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