This is a great time to buy a home, but do you really know why? I mean besides the large inventory of reduced-priced houses available and rock-bottom interest rates there are so many programs available right now to make home-buying not only insanely affordable, but downright exciting. Many of you who have bought a home in the past (or happen to be HGTV junkies) have heard that you probably won't get EVERYTHING you want, so "let's prioritize". Normally good advice; however, with the 203K loan (an FHA product), you're able to purchase a home, add your upgrades, basement finish, whatever! and add it to your mortgage. The appraisal is based on your PROJECTED UPGRADES. You don't even have to use any particular contractor. It's a beautiful thing. So now I say...let's find a house in the right location for you, with good bones and turn it into your dreamhome! Holy smokes this is fun :)
Fine print: Obviously, you must be able to qualify for your home loan. I do know some Superman-genius-type mortgage brokers, so if you're "loan-curious" and want to see what you can do, I'm happy to give you some referrals. I promise, they won't pester you ;)
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