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

100% Financing Down To A 580 Credit Score…

Did you know even if you have “challenged” credit you can still get a low…

20 hours ago

How To Get A Mortgage With Foster Care Income…

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

7 days ago

Two Most Common Reverse Mortgage Questions…

I wanted to address the two most common questions that I get regarding reverse mortgages……

1 week ago

You Paid Cash For Your House, But Now You Need Your Cash Out…

If you purchased a home using your own cash, and now would like to pull…

2 weeks ago

Free Grant Money Available For These Professions…

I wanted to let you know we have a 2% to 5% downpayment and closing…

2 weeks ago

Another Way To Acquire Rent Properties…

If you want to acquire rental properties, but you are having issues proving your income…

3 weeks ago