NOT AFRAID OF A FIXER-UPPER?

 

 

A HUD 203 (k) Loan Could be Right for You, but You Better Like Paper...

If you’re looking for a good deal and have been finding more than a few fixer-uppers out there, read on – there is a type of loan that could be just right for you.  We’re talking about a HUD 203 (k) loan.  These loans, operating through FHA-approved lenders, are designed primarily for the rehabilitation and repair of single family homes.  We don't see a lot of them in Pagosa Country, but they certainly can have their place.  Click here if you want to learn more. 

 

 - Lisa LaMastra, January 10, 2012