Get Real Tacoma

By Kevin Stirret Jones

As a senior mortgage officer at Bank of America, I’d been in the mortgage business since 2002 and the time had finally came to buy my first home.
 
My family and I have actually lived in the same house since 2001. We’ve been fortunate to rent my wife’s grandmother’s house from her family for the last several years and when the opportunity presented itself to buy this house and keep it in the family we leapt at it! Now, if you don’t know me, I have a wife and two wonderful kids. Our house is a little on the small side at 1000 square feet with three bedrooms and one bath. Since we’re buying this house and we’ve been here for several years, love our neighborhood and our neighbors we decided to buy the house and renovate it using the FHA 203k program.
 

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How to Finance the Fixer?

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 »