Tag Archives: Improvements

Is it possible to get a mortgage to buy a home and repair the home at the same time?

Han M asked: Say you buy a foreclosed home in bad condition listed at say $20,000. Can you get a mortgage for say $45,000 dollars to cover mold removal, rewiring, just general improvements? I’ve tried to find information on-line and someone suggested an FHA streamlined loan but after reading more about the streamlined loan it [...]

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