Posts Tagged "203k renovation"

Fairfax 203K Project Notes

Posted By on Sep 4, 2013

By Jessica Cannon This project was a full house remodel using a 203K home loan. This home, located in Fairfax, VA, was a great structure and in good condition – it just needed some love inside. We totally made over the interior of this house. The client had a great design sense and decorated it beautifully to create a real comfortable and homey feel. Our project consisted of the following: – More open floor plan – we removed...

Read More

Del Ray 203K Project Story

Posted By on Aug 22, 2013

By Jessica Cannon The biggest change, and main focus of the home remodel, was to take all the walls down in the first floor to create a “great room”. The existing floor plan included the living room up front, powder room in the middle, followed by the kitchen and dining room in the back and were all separate rooms. We opened up the entire floor and moved the powder room to the back corner of the home. The “rooms” got moved around a...

Read More

Want a Fixer-Upper?

Posted By on Mar 13, 2012

Courtesy of FHA has a loan that allows you to buy a home, fix it up, and include all the costs in one loan. Or, if you own a home that you want to re-model or repair, you can refinance what you owe and add the cost of repairs – all in one loan. The Federal Housing Administration (FHA) – which is part of HUD – insures the loan, so your lender can offer you a better deal. Low down payments Low closing costs Easy credit...

Read More