HERO loans have a noble goal: reduce energy use and make a home more efficient. While well intentioned, these loans have become burdens for many homeowners. Now, many homeowners are wondering how to get out of a HERO loan....
We’ve been talking a lot lately about home renovations; specifically, we’ve been talking about how to finance your home repairs and improvements. If you’ve been following our blog, you likely understand the basics of HomeStyle Renovation Mortgages from Fannie...
The HomeStyle Renovation Loan program is designed to give borrowers the option to purchase a home and make improvements and renovations to the property, all while having one single loan. This program provides simple, flexible, and affordable financing for...
One of the worst situations in real estate is having a house on the market for an extremely long period. No matter what the value, we all want to sell our house quickly so that we can move on,...
If you want a single loan to purchase and renovate a property, two of the most popular options are HomeStyle loans and 203(k) loans, which are supported by the FHA. With knowledge on both of these choices, you can...
Remodeling can be expensive, but it's often justified because, as many claim, it will add value to their home. But is this completely true? As we’ll see, renovations may not, in fact, be a strong financial investment, but that...
HomeStyle renovation loans create new buying options for borrowers all across the country. For many reasons, the time could not be better for using this financing, which allows you to fund a purchase and renovations in a single loan. Why...
Every seller wants to get the most value from their home. In many cases, this means making updates to the property; updates that will attract buyers, increase bidding competition, and enhance the perceived value of the property, which can...
If you find the almost-perfect home, one that has the best location, the right floor space, and the perfect amount of rooms, but also needs repairs and maintenance, you might pass on the property. Before you disregard the almost-perfect...
Sometimes we all need a little more space. Whether you are looking to expand the living room, add a bathroom to one side of the house, or build a complete master suite, a home addition allows you to craft...