Do you know of options for financing an almost completed new construction home?
Trevor asked:
We found our dream home the only problem is that its a new construction that was never finished. We estimate there is probably $25K in work that still needs to be done but we are looking to see if there are ways to finance this place or if it needs to be a cash transaction. We looked into a 203K but since the house was not previously lived in, that is not an option. Does anyone know of other financing programs that could work? It doesn’t have to involve financing the final things that need to be done…
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We found our dream home the only problem is that its a new construction that was never finished. We estimate there is probably $25K in work that still needs to be done but we are looking to see if there are ways to finance this place or if it needs to be a cash transaction. We looked into a 203K but since the house was not previously lived in, that is not an option. Does anyone know of other financing programs that could work? It doesn’t have to involve financing the final things that need to be done…
Caffeinated Content
Tags: 203k, Dream Home, Financing Programs, New Construction, Options
September 14th, 2009 at 6:12 am
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September 15th, 2009 at 2:04 am
The home ever had co.