Step 1: Lock down your financing. If you’re using cash, wonderful. If not, let’s get you started. Buying a fixer-upper isn’t as daunting as you might expect. It’s all about having the right team to guide you through it.
Working with a lender who has closed renovation loans before is crucial. These loans require more paperwork, more processes, more preparation and often more time. One misstep can cost you money and no one likes losing money.
Working with an agent(me) who has represented buyers who have used these loans is CRUCIAL. Constructing an offer with the proper timelines, contingencies, pricing and overall expectations will not only help you get an offer accepted, but it’ll really bring the stress level down for everyone in the transaction which is incredibly important with this relatively unknown process.
Please contact me for additional information.