Appleton | Green Bay Wisconsin Home Mortgage and Real Estate Resources

The Best Way to Purchase, Finance or Sell the Diamond in the Rough!

Finally... A Viable Solution to Purchase and Rehab your home in one transaction...

Have you been searching and searching for the perfect home and are frustrated because they are just not quite up to par? You may want to look into the "Diamond In The Rough" Home Financing Program. Affectionately know as the FHA 203K Loan Program... This program is an affordable, stable financing solution that combines the funds to purchase a home and pay for the cost associated with your desired upgrades and improvements...

It has never been a better time to take advantage of this under utilized Goverbefore kitchen remodelnment program. With a multitude of homes on the market priced for pennies on the dollar, now is the time to take advantage of this great program and get that home of your dreams. Imaging finding the perfect home in the neighborhood of your desire PLUS the funds to upgrade it to your personal liking.... 

This program is also available to current homeowners looking for the funds to remodel and upgrade their current home. .  .

Most mortgage loan programs today require homes "in need of work" to be complete before the financing can be secured for the purchase transaction. Additionally, if you are a current homeowner looking to upgrade and make improvements to you current home, it is quite difficult to obtain financing to support the cost of the improvements.

This special program provides great flexibility. Whether the property needs a minor upgrade, or a lot of work, statics show that most First-Time Home Buyers simply don't have the up-front cash to invest in a property prior to actually securing the financing.

The "Diamond In The Rough" Rehab Loan just may be your answer to turning that "fixer-upper" into your after kitchen remodeldream home.

The financing for this loan will include the purchase price, in addition to the improvements you are either required to do to be able to live in the home, or that you want to do, such as upgrade and remodel the kitchen, bathroom, install new carpet, complete the basement, etc.

Real Estate Agents, or For Sale By Owner individuals struggling to sell homes in need of repair should look into this program and start marketing the property with this special finance program to accomplish their goal of selling the property.

Just imagine giving a Buyer the option to complete those repairs and upgrades without a large upfront financial commitment, great fixed rates and the home of their dreams!

Outlined below are a few Benefits of the "Diamond In The Rough" Rehab Loan Program:

1. Savings - Repairs on a fixer-upper can be expensive, and the Rehab Loan allows borrowers to finance the improvements into the new loan vs having to pay for the upgrades prior to closing.

2. Low Interest Rates -  Historically, FHA Mortgage Loans have lower than average rates when compared to commercial or conventional financing programs.

3. Great Property Deals - Since Rehab Loans are designed for "fixer-uppers," buyers can qualify for a loan on a home that needs work, and actually finance the construction costs / repairs up front.

4. Realtor/FSBO Advantage - This program allows realtors and individuals seller their home to market the home(s) in need of repair that historically require a cash buyer.  Additionally, sellers who cannot afford to perform the upfront work on their home have the opportunity to sell "as is" and allow the buyer an option to perform the required repairs and customize their new home to their personal liking.

5. Great Equity Position - This is a great opportunity for Buyers purchasing a HUD owned home or a bank foreclosure which are typically priced under market value, due to the required repairs and/or neglected condition of the property. Keep in mind that all repairs and upgrades are financed which drastically reduce the out of pocket expense.

6. Buy a HUD owned home for Pennies on the Dollars and just $100 down!

For details, contact our office, or your personal mortgage advisor specializing in Government programs. We hope this information has been helpful. If you are interested in more details, or specifically how you may take advantage of this program, please feel free to reach out to us.  Make it a great day!  

For a list of pre-screened "Diamond in the Rough" home available for sale in the Greater Fox Valley Area, send an email to askgwennie@gmail.com

Proudly Serving the Residential Mortgage needs of the wonderful Veterans & People in Wisconsin. Green Bay, Appleton, Oshkosh, and throughout the greater Fox Cities areas.

My team works with each client to determine the best finance package for every scenario; Not only the impact of the loan on their finances today, but 5 and 15 years down the line. Need Credit restoration; We can help. Click Here for a no cost ~ no obligation pre-approval or consultation.

Gwenn Tanvas is a Certified Mortgage Planning Specialists who truly enjoys working with First-Time Home Buyers and Government Programs such as FHA, Federal VA and USDA Rural Housing Loans. Visit her website for more information, on-line calculators and a secure on-line application. She is able to assist with transaction throughout the state of Wisconsin. http://www.WisconsinLoanTips.com or http://www.WisconsinVetLoans.com she can also be reached for comment or to answer questions via email at gwenntanvas@gmail.com

 

Wisconsin Mortgage Gal on FacebookGwennie on Google PlusConnect with Gwennie in Linked InTwitter ConnectionGwennies YouTube Channel 

Our team loves working with Wisconsin Real Estate Agents. Helping them build their business by teaching cutting edge systems & strategies using social media & technology. Our weekly Agent Mastermind class is second to none. For more information about how we can help you, visit http://www.UltimatePropertyPromoter.com

Become a FAN of the Real Estate Agents HUB on FACEBOOK -http://www.Facebook.com/RealHub -

The Real Estate Hub designed specifically for Realtors. My Goal; to provide valuable information and PROVEN Marketing Strategies. Bookmark this page and come back everyday for videos, free downloads and training! Come on over to the HUB where it is all about YOU!!!!!

 

 

 

Comment balloon 2 commentsGwenn Tanvas NMLS# 274839 • March 09 2011 05:35PM
The Best Way to Purchase, Finance or Sell the Diamond in the Rough!
share
Finally… A Viable Solution to Purchase and Rehab your home in one transaction… Have you been searching and searching for the perfect home and are frustrated because they are just not quite up to par? You may want to look into the "… more
Six Tips To Help Save New Home Buyers Money…And Anxiety!
share
Stop Paying Rent Forever! Six Tips To Help Save You Money… And Anxiety! As interest rates continue to hover around their thirty-year lows, a multitude of flexible and low cost loan financing programs are still available as well as a wide… more
New Listing - Updated Brick Ranch with 3 Car Garage
share
Text Paul15 to 79564 to download this to your mobile device - To view the Interior, Simply Click On The VIRTUAL TOUR Button… W3425 Newberry St. Appleton… more
4 Things NOT To Do Before Closing on Your New Home
share
Your offer has been accepted, you are excited and looking forward to the next chapter of your life in your new home. While going through the mortgage process, you have no doubt been inundated with disclosures, forms and a gambit of other tasks… more
Buyers aren’t liars, you may just be a horrible listener!
share
This is a great little article and timely too! A few weeks back I referred a pre-approved buyer to one of my Realtor Partners only to receive a call THIS MORNING… that they (my pre-approved buyer) had found a home and wanted to put in an… more
New Real Estate/Mortgage Employee Benefit Plan Launches In Appleton
share
After many. many, years, I am so pleased to announce the official launch of the Wisconsin Home Benefits Program right here in the Fox Valley. This program has been so well received and provides win. win, win opportunities to the Employer, Employees,… more
Top 7 Questions to Ask Before Buying Your New Home - Kitchen
share
The Valley Home Builders Association "VHBA" are opening their doors again this Today through Sunday in the 2010 Winter Wonderland of Homes. The following report will help guide you through some very important questions when making… more
See This Now- Home Owners, HouseLogic is For You and FREE
share
This is a great tool for would-be Buyers. With HouseLogic homeowners can create "My Binder" to help them organize projects, finances, taxes, etc. Users can create To-Do Lists and set project reminders and also give you home… more
How Will Technology Change Real Estate Sales & Marketing in the…
share
This is a great post of information from Mike Brown - Mike is a Marketing and public relations specialist. Former Florida area Director of Marketing and Public Relations Pulte Homes, DiVosta Homes, Del Webb, and Minto. The questions is… more
Is this the Home Owner "bailout" everyone is waiting?
share
Here is an interesting twist to the "Bailout" - Although I am all for supporting the people on main street, it will be interesting to see how the program will roll out and if it will actually help and not hender… Thank for the… more