One of our recent buyers just completed a rehab of her Mercer Island condo using an FHA 203(k) Rehab Loan. The rehab loan is a great way to get immediate money to renovate your home, as the renovation costs are rolled directly into your mortgage. The process is fairly pain-free and does help home owners breathe new life into their property. We encourage you to read more about the process and contact a lender directly for further details to find out if you qualify. We have worked with the following lenders on rehab loans with great results.
Here are some of the Before/After pics. For a $25-30K budget, this buyer was able to install new flooring throughout, remove popcorn ceilings, remodel the kitchen (with granite counters, custom cabinets and new appliances & lighting), remodel the bath (new tile, tub resurface, new cabinetry, sink, counters & lighting), AND have the entire interior painted. Let us know if you have any questions about the process!
Doesn’t she have the cutest style??