Remodeling Impact Report
The National Association of Realtors recently published the 2015 Remodeling Impact Report its definitely worth looking at. The report ranks projects likely to increase value.
- Kitchen Renovation
- Bathroom Renovation
- New Master Suite
- New Wood Flooring
- Etc (see report)
The report goes into a lot of detail including estimated costs and how much the value is increased. If you are thinking of renovating your current home or purchasing a home and renovating it this report is a must see! I’m a big do it yourself and have personally renovated quite a few homes; whether you are a DYI or hiring a contractor this is simply some great information to have on hand. Thinking you would like to hire a pro but wondering how the heck you are going to pay for it? You aren’t alone. Here at Amerifirst Home Mortgage we have a whole array of renovation loan programs that can help you find a way to fund your home renovation. Give me a call to discuss your options or check out some more information here.
Latest Blog Post
Unlock Your Dream Home: The Power of VA Renovation Loans
For veterans and active-duty military personnel, the dream of homeownership often comes with unique considerations. Finding the perfect home that meets all your needs and preferences can sometimes feel like a challenge, especially when inventory is tight. But what if you could purchase a home with untapped potential and tailor it to your exact specifications, all with the backing of your VA benefits? Enter the VA Renovation Loan – a powerful tool that can turn fixer-uppers into your forever home.
What is a VA Renovation Loan?
A VA Renovation Loan, allows eligible veterans, active-duty service members, and surviving spouses to finance both the purchase of a home and the cost of necessary or desired renovations in a single mortgage. This eliminates the need for multiple loans and streamlines the process of creating the perfect living space. It also opens up endless possibilities with home choices. All those houses they said won’t pass a VA appraisal, the VA renovation loan is the hack for that!