Attention homebuyers. . a type of loan that could make it possible for you to buy a dilapidated foreclosure and borrow the money to fix it. . .

Introducing the 203K Loan

Properties that are sold “As-Is” often would not qualify for a standard FHA loan. However, 203(k) loans are designed to improve, update, repair and even modernize the home.

This loan enables borrowers to purchase foreclosure properties that require repairs. 

Most HUD Foreclosure properties are eligible and you could benefit from a 203k loan.

Up to 110% (100% on condominiums) of the as-improved value of the home may be used as basis for mortgage calculations . Its best to consult with a professional before you decide to go towards this path. .

Watch our presentation now:

 

 

We can help you buy foreclosures at a huge discount!

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www.HERBOSO.com

Carlos Herboso

Buyer Specialist – Foreclosure Expert

"Don’t Pray For A Miracle. . .expect it!"

Herboso & Associates llc

www.ReallyNiceHomes.com

Office 240.898.1848

Cell   240.671.5542

Fax   888.813.3535

My real estate knowledge is always up-to-date. For expertise you can depend on, call me when you have questions about the market or are ready to make a significant move. . .Quality representation is not expensive, its priceless!

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