Sunday, August 2, 2009

Buying As-Is , Forclosures & Rehab Properties

Right now the Foreclosure market is booming and it’s an opportunity for Home Buyers to purchase a distressed property. There’s only one problem, most of these properties are being sold in their “As-Is” condition. An “As-Is” condition means “No repairs will be done”. Missing toilets, torn up carpet, leaky pipes, missing water heaters, you name it, I’ve seen it all. But never the less these properties are still good deals and should not to be overlooked. Most Buyers or even Realtors won’t consider the potential these “gems” have as they may think it’s too hard to get the property financed. Standard home loans won’t finance a property that does not have the minimum property requirements and the Seller may not be willing or unable to make the minimum repairs needed. So how do you purchase that property and take advantage of the “As -Is” sale price?

Purchase the property with the FHA 203K! You can Buy it and Fix it. All in one loan! If you would like more information about the FHA 203K and how it can work for you then sign up for my FREE FHA 203K guide.

The 203K Guide is packed with information about the 203K Loan.
Information like:


  • The difference between the Standard 203K and the Streamline 203K loans

  • What Properties are Eligible?

  • Eligible and Ineligible improvements




So go to www.203kmortgagelender.com and sign up today to find out more about the FHA 203K Loan. And when you're ready to get started I'm here for you every step of the way to help you finance that deal.

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