Buying a house is a big decision to be made, a step most take after marriage.
However, trends are changing and the market is presenting us with new possibilities. Single people are starting to take the next steps on their own.
Our latest projects in Watauga, Texas proved the trend to be increasingly popular.
A single guy looking to buy his first home, found a house that needed a couple updates and that fact did not scare him off.
The customer knew about the availability for FHA 203k Renovation Loans how professional support could transform this property into his dream house.
Here are some interior pictures of the property he bought:
Kitchen before renovation
Dining Room before renovation
Master Bathroom before renovation
Guest Bathroom before renovation
The project used refinancing loans to renovate the property.
Once the project finalizes, this single guy's home will have a modernly renewed kitchen with new cabinets, granite counter tops, and a new basiplasta.
The bathrooms will be restored with new tubs and showers and the house's flooring will have engineered hardwood flooring and carpet in the bedrooms and closets.
With a home that is going to turn out this beautiful, who knows how long he will stay single.
Stay tuned for upcoming pictures on the final product!
Once more, my team was able to provide great customer service and we were able to help someone start the project of their dream house.
They were very thoughtful and helpful throughout the entire process. Great customer service!"
Customer at 203k
Did you know this about the 203k Standard?
You can do renovations on a refinance loan, it’s not just for purchases.
Whether your property needs some repairs or you are just wanting to update your property a renovation loan is a good alternative option to a cash out refinance.
You can borrow up to 110% of the completed value of your property and that amount is rolled into your new loan on top of the cost of refinancing.