Wednesday, September 2, 2009

Cash for Clunkers

A HUGE majority of home buyers fail to realize that there is money available in a "Cash for Clunkers" program. One of my clients called me last week about this home for sale in Lakewood at 5959 W. Bayaud. Here is the link--http://www.littletonbankhomes.com/fine/real/estate/home_view/783314
This house is THE POSTER CHILD for the "Cash for Clunkers" program for homes. Take a look at this kitchen--WOW!


To say that the kitchen and bathroom in this house needs to be remodeled is a HUGE understatement and I have the money to help with a "Cash for Clunkers" Mortgage.
Here is how it works: FHA offers a special loan program to a select few lenders called the 203k Streamline Renovation Loan. With this loan FHA provides a home buyer with money to buy the home and remodel it at the same time. In fact, FHA is willing to provide you with up to $35,000 to improve the house with this loan. It's a great federally insured loan with a fixed interest rate that is safe and secure.
For more details on the "Cash for Clunkers" mortgage please email me or call me. Or post a question or comment here on my blog.

No comments:

Post a Comment