Do you know of options for financing an almost completed new construction home?
Thursday, September 10th, 2009
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…
Caffeinated Content
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