Home
About

Let's make your #housegoals a reality. 

EDMONDS & MUKILTEO, WA

Kaylynn Kelley

blog home

Buying

Remodel Loan

September 28, 2020

Hi! I'm Kaylynn. Realtor, mom, coffee lover & podcast binger. I help my clients go from overwhelmed about buying and selling at the same time to popping the champs and getting the keys to their new home.

Hello & welcome

Top Categories

Sell

Buy

community

read more

decor

6-Week
Seller Series

S'more Fun Treats

Paint That Increases Home Value

read post

read post

read post

Popular right now

You’ve watched enough HGTV and tackled enough small projects to now want a fixer-upper all your own.⁣

So what about financing? How do you get a mortgage that allows you to purchase a property and gives you the cash you need to transform a fixer-upper? ⁣

Enter a home renovation loan.⁣

• A home renovation loan is a type of mortgage loan that includes the costs of renovating a fixer-upper.
• In most cases, an appraisal for a home renovation loan includes up to 110% of the home’s after-improved value.⁣
• Use the money from a home renovation loan to make repairs, add square footage, or upgrade the kitchen and bathrooms.⁣
• You’ll want to get detailed estimates and avoid over-improving your new home. Talk with an experienced real estate agent who knows your neighborhood and can help you avoid both pitfalls.⁣

With interest rates so low, now is a smart time to buy. Whether you prefer a move-in ready or a fixer-upper, give me a call — I’d love to help!

+ Show / Hide Comments

Share to:

Leave a Reply

Your email address will not be published. Required fields are marked *

If you've been thinking about buying your next home and aren't sure where to start when it comes to buying & selling at the same time, this step-by-step guide is for you!

Guide: Buy & Sell
at The Same Time

FREE DOWNLOAD

Home
About

© Kaylynn Kelley 2021 | COMPASS | photos by Anne Sage & Kaylynn Kelley

Let's make your #housegoals a reality. 

Edmonds & Mukilteo, WA

Kaylynn Kelley