– Buying a "Fixer Upper" Buying a "fixer upper"? FHA allows you to buy a house and fix it up all with the same loan. The same loan also works if you have a home to want to remodel or repair by refinancing what you owe and the cost of the repairs.
Fixer-upper financing provides a different avenue for buying your home – Especially when buying a home in today’s market. It provides (buyers) with a responsible way to purchase a fixer-upper property," said Luis C. Munoz, who helped Meyer with the loan and is a.
Buying a Fixer Upper? – This Old House – For people who love old houses – and love to work on them – the notion of buying a fixer-upper can be irresistible. Just think: You can snag a rundown place in a good neighborhood for way below market price, invest some time and money renovating it, and end up with a like-new house that’s worth at least twice what you paid for it.
Home | PocketSense – Pocket Sense is the ultimate guide to managing your money. It’s our goal to make it simple, with expert information on how to decode your taxes, keep track of spending and stay financially responsible.