Buyer Programs for Purchasing and Renovating Fixer-Uppers

  Affordable move-in ready homes are becoming increasingly difficult to find in our market, and it’s leaving many buyers feeling discouraged. Luckily, Kristin Jamieson from Success Mortgage joins us today to educate buyers about some programs that help buyers purchase fixer-uppers and renovate them into their dream home.  Buyers looking to go this route have two programs to choose from: an FHA 203k loan or a conventional renovation loan offered by Fannie Mae. In their most basic terms, you’ll add the home’s price and the renovation costs you work out with a contractor and possibly a HUD consultant. Then, in… Read More