sangfnsgfsd
Categories: Brett's Mortgage Blog

Get Up To $10,000 In Repairs When You Buy A Home On This Program…

Good Morning!

I wanted to tell you about my USDA repair escrow program.

Most repair escrows (when they are allowed at all) max out at around 3k to 5k.

My USDA program goes up to $10,000 dollars for USDA purchase homes!

Here’s how it works…

The home has to be able to meet the guideline of being livable at the time of closing.

However, many things can be done while the house is occupied. Carpets can’t be upgraded, but if they are damaged it is possible to install new carpet while the home is occupied.

Here are some examples of what may be considered subject to circumstances:

·     Roof – 20+ years old needs to be replaced. It can be replaced while the house is being lived in. A hole in roof would not qualify.

·     HVAC – A/C unit stolen – it can be replaced while house is being lived in. The same for heater if not winter.

·     Gutters and downspouts – can be repaired or replaced while house is being lived in.

·     Appliances – stolen or vandalized – can be replaced while living in house.

So if you have a house you would like to buy, but it needs a little bit of work contact me about this program!

I hope you have a good week.  Thanks for reading!Brett
Brett Sampson

Recent Posts

How To Buy A House With A Reverse Mortgage…

I’ve written about this before, but we have more and more people passing the age…

5 days ago

Advantages Of Buying A House From A Relative…

I had this situation come up again last week, and I wanted to address it…

7 days ago

You Have To Know This When Buying A House…

One of the most important things you will have to do when you apply for…

2 weeks ago

Free Grant Money Available For Down Payment If You Have One Of These Jobs…

I wanted to remind you that we have a 2% to 5% downpayment and closing…

3 weeks ago

How To Get A Loan With Foster Care Income…

If you receive money from the State or a County sponsored organization for providing foster…

3 weeks ago

How To Pull Cash Out Of Your Rental Property With No Proof Of Income…

Do you have investment property, and would like to pull cash out of your property?…

4 weeks ago