Purchase Plus Improvements is for consumers looking to purchase a home that has great potential but needs renovation. This program allows you to make improvements immediately after taking possession of your new home and have the costs rolled into one easy-to-manage mortgage. The idea is that immediately renovating your home adds to its market value and the mortgage is essentially based on that new and improved value. It's a great way to purchase a home and ensure that the home is up to date and in good repair.
There are two programs:
Purchase Plus Improvements Example:
You've found a home that you like, and you would like to update the coutertops, replace the roof and upgrade the picture window in the living room. The total of these upgrades = $30,000.
Contact me today at email@example.com for more information and to discuss the above in further detail.