Tag: fixer upper

Financial Tips For Buying A Fixer-Upper

If your dream home is a fixer-upper, but cash is tight, a 203 (k) program offered by the Federal Housing Administration could make ownership a reality. Known as FHA Section 203(k) insurance, the program allows buyers to finance the purchase of a distressed property and the cost of renovations through a single loan with one… Read more »

How and When to Sell a Fixer Upper

Your “handyman special” needs so much work, you’re not sure it’s worth the time, effort and money it will take. Here’s a step-by-step approach to evaluating your fixer upper. Before selling, ask yourself if you can afford to fix the house. List the most important things that need repair and get estimates from reputable contractors…. Read more »