Freddie Mac has just announced a new mortgage offering aimed at those looking to finance fixer-uppers. The offering is also available to existing homeowners who want to improve their current homes. The CHOICERenovation loan product was announced this Wednesday, with Freddie Mac saying it’s available immediately to all approved lenders. It said lenders will have
When to Turn Away from that Fixer-Upper
June 11, 2013 by
Do you dream of buying a house that’s a bit run-down? It’s not uncommon for people to possess a desire to purchase a fixer-upper and turn it into a home of their own. While the idea may seem like a good one, there are a few things you should think about first. Here are five reasons you may want to turn your back on that house that needs work:
