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Could You Benefit From Buying a Home That Needs Improvements?

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like maintenance and repairs?

Asked by:tay g


2 Comments

  1. My Take on It says:

    Yes, it is called “sweat equity”.

  2. Moonworks says:

    Many homeowners are currently benefiting from buying a home that needs work since mortgage rates and housing prices are low. Depending on the type of work needed, be sure to hire a reputable contractor that is licensed and highly rated with the Better Business Bureau (BBB).

    In addition, the Federal Housing Authority (FHA) offers a 203k loan that allows homeowners to add the cost of the repairs into their mortgage. Check out the link below to see if you qualify.

    Good Luck!

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