Rehab Loan

We have another loan that will allow you to purchase a home & make improvements to the home within a one year period. You just have to spend more than $5,000 in improvements & the home has to appraise at a value that will pay off the Seller what he is asking for the home & include the improvements costs. It is sometimes a little complicated because not all repairs & improvements that you want to do will equal the same in an increase in the home’s value. But that is why it is so important to have a very good relationship with the appraisers that I use so I can get their commitment before we do anything.

This is a great program in that you can do anything that you want to- new carpets, vinyl, kitchen cabinets, appliances, and so on. Your mind is your limit & the appraised value is our restriction.

To learn more about these program or other programs and get pre-approved, please  email  us or give us a call at 883-3421 & press zero to leave us a message- please pick your personal return call time of 11am to Noon or 6 to 7pm and the best number to reach you at. This is a free service sponsored by Teresa Snyder and Town & Country Realty.

 

We wish you the best in your home search.