Phoenix Real Estate Advisor
A series of audio podcasts with interviews from professionals connected to the real estate industry.
Buying a Distressed Home and Borrowing Repair Money
(56 downloads)Download this episode (10 min)
In this weeks episode of the Phoenix Real Estate Advisor podcast I have Shelley Martin from Suburban Mortgage back to answer a few more questions about how you could buy a distressed home and have the repair cost added the to the mortgage.
It’s called a FHA 203k loan and it allows you to borrow up to $35,000 of additional money for repairs to the home. People were asking about what the money can be used for, is it more expensive then a regular FHA, what are the credit requirements and more.
Please listen to the podcast and if you need more answer you can contact me at 623.362.3060 or call Shelly direct at 602.751.8127. Also you can visit www.valleyREadvisor.com for searching for homes and all your real estate needs.
My Profile
Jay Otlewski
Glendale, Arizona
With over 15 years of experience in the Real Estate industry I once again find myself in familiar surrounding...back at RE/MAX.
I hope you’ll consider me when you have a friend or family member relocating to the metro Phoenix area. For more information on the current market please visit either my main website at www.ValleyREadvisor.com or join my blog at www.TheValleyBlog.com.
To learn more about my background visit- wwww.JaysLinkedIn.com
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November Phoenix Real Estate Market Update Mortgages-bank vs. broker and more! FHA 203k Loan Program Staging a home to sell Phoenix Arizona Real Estate Market Conditions Prime Lending Group Home Inspections- new homes, termites, FHA and moreArchives
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