How to finance home improvements
Yeah, but the house needs some work...
A common objection when a buyer prospect is looking at purchasing a home is that the property needs some sort of improvement, such as new carpets, new windows, new fence, new roof, garage, etc.Solution
A number of mortgage lenders participate in a program called Purchase + Improvements, which means qualified home buyers can get reimbursement for pre-approved renovations made to their new home, which need to be completed immediately after taking possession of the purchased property. All this can be done with one mortgage and with as little as 5% down.
