A client was buying a home, which was previously foreclosed by the bank. The previous owners removed all the possible appliances–including the sinks. The house needed major remodeling, which would cost at least $100,000.In the past, the only way to buy such a property would be to pay cash or receive a private loan with an interest rate as high as 12.00%!This week’s new mortgage solutions allows borrowers, who have enough money for down payment and repairs, to buy the property at a discounted price–then fix it, sell it, or refinance it 12 months later.|
Date: Thursday: November 13, 2014 RSVP on Facebook OR email Ausra@Pacbay.net |


