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Foreclosures and Short Sales

With the current state of the housing market and the high amount of foreclosed and short sale homes available, many real estate investors, and private individuals are taking advantage of all time low prices in the greater Tampa Bay area. There are plenty of “great deals” out there for the resourceful investor. However there are a few potentially costly mistakes you need to carefully avoid in order to capitalize on that “steal.” Location is always an important consideration when purchasing real estate. Be sure the area where you are buying will support your effort, and investment when it is time to sell.

How to obtain financing!
As long as your credit and income are strong, most lenders are more than happy to finance a remodeling project on a previous foreclosure. There are two different government loans available for renovation projects. A 203K Loan is available if you are an owner-occupant of a single family dwelling. This loan will finance the entire amount of your renovation.

The Home Improvement Source will provide you with a free budget analysis on your entire remodeling project. As class A general contractors, plumbers, and electricians, we can provide you the following services below with no sub-contractors. Call us for your free in home estimate.

• KITCHEN REMODELING
• BATH REMODELING
• FLOORING
• INTERIOR AND EXTERIOR PAINTING
• DRYWALL REPAIR, TEXTURING, AND REMOVAL OF POPCORN
• ELECTRICAL
• PLUMBING

 

Financing | Easy and Affordable Financing for Remodel and Renovations
Why wait, Conventional Financing and Government Backed 203K loans and FHA Title 1 loans are available. As long as your credit and income are strong, most lenders are more than happy to finance a remodeling project on a previous foreclosure. There are two different government loans for renovations. A 203K Loan for owner-occupant of a single-family dwelling. The second loan is a FHA Title 1 loan allowing homeowners to borrow up to $25,000, with matching money, or equity of the amount borrowed. The Home Improvement Source will provide you with a free estimate - budget on your remodeling - renovation project. Call us for your free in home estimate for: KITCHEN REMODELING, BATH REMODELING, FLOORING, INTERIOR AND EXTERIOR PAINTING, DRYWALL REPAIR, TEXTURING, AND REMOVAL OF POPCORN, ELECTRICAL AND PLUMBING