How do I get a Rehab Loan?
Some people want to buy a house in perfect shape. Other people see a house in disrepair and can imagine it reborn, remodeled, and tailored to their specific needs and tastes. I confess to being in the latter group, I tend to get very excited about well priced homes that need fixing.
The problem with this (as anyone who has ever done a home inspection or had an appraisal will tell you) is that banks generally only like to loan money on houses that are all in one piece! There is a way to finance your dreams. Read the rest of this entry »

