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I love this property, but…
By Guest | December 17, 2008
How many times have you viewed a property and that exact same phrase is uttered? Often the objections are the same as you mentally inventory what you would like to do to the house to make it your home. The kitchen cabinets and appliances need to be updated, the flooring is worn or out of style, and the bathrooms need new tile and fixtures. When you are looking at existing homes, these are the common items that most prospective buyers would like to change. Oddly, even newer homes don’t quite fit your style and it would be nice to spend here and there to add your own personal touches.
The problem? How do I pay for these changes? With equity lines of credit at a maximum of 85% or the appraised value, you either pay cash or fund these improvements with your Lowe’s or Home Depot credit cards. That’s a very expensive way to finance your improvements and few people are willing to part with their cash reserves today.
The solution? Finance the improvements that you would like to make, in with the purchase price! With Renovation Loans from Wells Fargo, you can finance these items into your new mortgage. In fact, we will base your loan amount on the TOTAL acquisition cost of the home, including the purchase price, the cost of the improvements, and the closing costs.
Call me today to find out how you can use this tool to create your dream home. It won’t cost you a dime to find out how it works and it just might empower you to create something really special.
Grady Brown
Renovation Specialist
Wells Fargo Home Mortgage
850-624-9250 cell or visit my website www.wfhm.com/grady-brown to apply today.
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