When Real Estate Home Inspections Uncover costly repairs, how can you still sell your home?

(Last Updated On: May 10, 2017)

how to save your real estate deal when inspection comes back badAs a Real Estate Agent sometimes you get that challenging deal that started out simple but after an inspection is going sideways.  Have you experienced the following scenario?  The inspection comes back and lists a number or repairs that the buyer wants and the amount or scope of which the seller doesn’t want to do.  So your deal is pretty much dead, right?

bad inspection killed my real estate dealNope, not one bit.  You can save the deal by using a renovation loan.  Most situations like the above require at least $5,000 in work or with little effort $5,000 of work can be found.  If the Home is a personal residence 1 to 4 family then you have three loans available the FHA 203k Streamline, FHA 203k Full renovation, and the HomeStyle conventional renovation mortgage.

Possibilities are endless with the FHA 203k Full Rehab LoanIf the Property is a single family second home or single family investment property then the HomeStyle home improvement loan will work quite nicely.   We’ve linked the blog posts above so you can see the details of each of these programs.

We offer FHA 203k Full Renovation Loans, FHA 203k streamline rehab loans and the HomeStyle Full Renovation loans in the following states.

Home improvement, renovation, and rehab Mortgage Loan State Availability

Home improvement, renovation, and rehab Mortgage Loan State Availability
America's #1 Home Remodel and Home Renovation Loan Lender
Alabama Home Remodel and Renovation Loans
Arizona Home Remodel and Home Renovation Loans
Arkansas Home Remodel and Home Renovation Loans
California Home Remodel and Home Renovation Loans
Colorado Home Remodel and Home Renovation Loans
Florida Home Remodel and Home Renovation Loans
Georgia Home Remodel and Home Renovation Loans
Idaho Home Remodel and Home Renovation Loans
Illinois Home Remodel and Home Renovation Loans
Indiana Home Remodel and Home Renovation Loans
Iowa Home Remodel and Home Renovation Loans
Kansas Home Remodel and Home Renovation Loans
Kentucky Home Remodel and Home Renovation Loans
Louisiana Home Remodel and Home Renovation Loans
Maryland Home Remodel and Home Renovation Loans
Michigan Home Remodel and Home Renovation Loans
Minnesota Home Remodel and Home Renovation Loans
Mississippi Home Remodel and Home Renovation Loans
Missouri Home Remodel and Home Renovation Loans
Nebraska Home Remodel and Home Renovation Loans
Nevada
New Mexico Home Remodel and Home Renovation Loans
North Carolina Home Remodel and Home Renovation Loans
North Dakota Home Remodel and Home Renovation Loans
Ohio  Home Remodel and Home Renovation Loans
Oklahoma Home Remodel and Home Renovation Loans
Oregon Home Remodel and Home Renovation Loans
South Carolina Home Remodel and Home Renovation Loans
South Dakota Home Remodel and Home Renovation Loans
Tennessee Home Remodel and Home Renovation Loans
Texas Home Remodel and Home Renovation Loans
Virginia Home Remodel and Home Renovation Loans
Washington DC
Washington state Home Remodel and Home Renovation Loans
Wisconsin Home Remodel and Home Renovation Loans
Wyoming Home Remodel and Home Renovation Loans
US State availability for Home improvement, renovation, and rehab Mortgage Loans

Even if you’ve referred a client to another agent in another state we can close your transaction for you.  Feel free to contact us with your scenario and we’d be happy to discuss the specifics on how we can close it for you.

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