My New Blog

I love this house, BUT.... it is a frequently made statement.  ... BUT it needs new carpet, BUT it has too much paneling for me, BUT these kitchen cabinets are horrible, BUT this tub looks like you should water cows with it not take a bath in it!  BUT, BUT, BUT. 

Well, there is a not-so-known loan program out there that will fix these BUTS.  It is known as a repair loan.  Now, there are a lot of banks and lenders out there to choose from, but this is a specialized loan program, and it makes sense to go with a lender who can offer AND IS EXPERIENCED with this loan program so you do not limit your options or run into unnecessary headaches.   This loan does take a little longer to complete, because there is more to it, but the extra equity you get makes it worth it!  Instead of the seller doing the work and picking up the extra bucks on value, YOU get to!   

And if you are going to consider purchasing a foreclosure, which typically needs work, you will want this loan program as an option in your financing arsenal.  With this in mind, it make sense to work with a Loan Officer AND Realtor® who know the ins and outs of this type loan so you can maximize your time and money.

Action Real Estate is a full service company.  We handle properties of all types, including REO's (foreclosures).  Since we have an REO Division all our agents are familiar with this loan program as well as the ins and outs of buying a foreclosure.  Foreclosures are different animals, and again, you want experience on your side.  So Get In Touch With Me or any one of our Excellent Action Agents, and we will be happy to help you with your real estate needs.

Sherri Elkins, Realtor
Action Real Estate
Birmingham, AL & Surrounding Areas
Office (205) 253-1900
Fax (205) 263-1955
Direct (205) 240-5522
www.SherriElkins.com