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Choosing a Move-In Ready Home or a Fixer-Upper

shannonjones 203(k) loans , Buying a Home , Featured Articles Leave a Comment

Homebuyers often find themselves having to make the decision between buying a new or move-in ready house, or buying a home that may need some work. While new construction is a rarity in Long Beach or Lakewood, and move-in ready houses sell quickly and at a premium, learning to recognize what makes one or the other better for you can …

845 Obispo Avenue

Financing a Fixer with a 203K Loan

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For many the idea of buying a home that needs TLC is appealing, but the financial reality of coming up with a down payment and  money for work to the home can be daunting. However, with a 203K loan, you can actually finance the cost of the repairs and upgrades, provided that total loan amount is less than the projected …

Thinking of buying a fixer? Consider a 203(k) loan!

shannonjones 203(k) loans , Buying a Home , Featured Articles , Foreclosures Leave a Comment

If you’ve ever dreamed of buying a fixer and making it your own but lacked the money to do the actual fixing, you may wish to consider buying with a 203(k) rehabilitation loan. We come across homes for sale in Long Beach, Lakewood, and Signal Hill all the time that need lots of work — short sales, foreclosures, probates and …