Pikesville Handyman Specials in today’s market, Part 1 of 3
The Pikesville Zip Code 21208 currently has 44 property listings that are Distressed Properties, meaning they are either Foreclosure or Short Sale buying opportunities. Many of these need just a little TLC while some may need more extensive renovation. These properties can be significant buying opportunities for you if you know how to find them and how to buy them.
HUD, the Department of Housing and Urban Development, has an FHA 203k loan program to help you buy these properties for only 3.5 percent cash-down payment. The best part is you can get the financing you need for the purchase price and include the cost for repairs and renovations to make the house your own. You can rehab the property to suit your wants and needs with the FHA 203k Rehab Loan Program.
A Handyman Special can help make your new home “special" if you can avoid the common mistakes people make and if you can get the proper assistance from a team of real estate professionals to guide you through the process. That team should consist of 203k Experts Lender-Realtor-Contractor and a HUD 203k Consultant. Rehabbing property can be a rewarding experience and a way to build equity (property value) by taking something in poor condition, buying it at a below market cost and fixing it up to your own specifications.
Imagine having your new home freshly painted to your color selections, a new kitchen with cabinets of your choice, new flooring and new energy-efficient appliances and much more to make your home special.
You can search Pikesville properties from our website and get all the FHA 203k information you need including referrals to contractors and a HUD 203k consultant. Once there you can refine your search beyond the Pikesville area and in any price range you choose. The list is of real-time, active, multiple-listed foreclosure and short-sale properties. Invest in Pikesville and invest in yourself.
Our next Post shows you how to walk thru these properties, what to look for and ‘look out’ for: Handyman Specials—Part 2
Contact us and ask your Realtor or lender to contact us to discuss some options for you.