Hillsboro Office: 971-371-3500 • Forest Grove Office: 503-357-6144
 Welcome to the WeichertRealtorsOnMainStreet.com Blog

2010-10-10 14:32:29
Purchase non-financeable?

Often times I come across buyers that fall in love with a specific home that because of the condition of the home, the home can't be financed.  I have solutions for those home-buyers.  I have investors that would be willing to provide hard-money lending, a bridge loan or stand-in investor contractors that are willing to purchase a home in cash, make whatever repairs are required to make the home financeable and then 'sell' the home to you, the intended buyer for a pre-determined price with the expectation that you will then be able to obtain your financing to pay off the investor. 

There are also rehab loans available to home buyers such as the FHA 203k rehab loan that allow buyers to purchase a property for its existing value but obtain financing for the projected value of the home in a repaired and/or upgraded condition.  Once the transaction is closed and the seller is paid, the buyer is under contract to complete the repairs using specified contractors.

 

 
Blog Archive
2017-09-05 11:45:47
September brings new art by Martin Conley

2017-07-31 19:29:20
New summer artwork is here!

2017-06-01 12:20:36
Weicherts Features Artist Kassius Wilson for June

2017-04-25 11:37:30
Jullane Rich Featured Artist for May!

2017-04-03 12:06:20
Weichert SPRINGS into new Art for April!

2017-03-07 14:37:55
Please welcome Aesch Lengstorf for March

2017-02-02 11:47:13
Weicherts Features Madisella Gonzalez For February

2017-01-02 17:36:52
New Year, New Artist!

2016-12-05 13:40:02
December Welcomes Artist Kristina Koenig

2016-10-28 11:17:12
November features artist Linda Holland !

2016-10-04 11:24:12
October brings art from our very own Jason Elstrot

2016-09-02 10:22:41
September brings art by Marcy Gonzalez!

2016-07-05 12:02:12
Weichert welcomes artist Bruce Ulrich for July

2016-06-13 17:51:03
Learn how to become your own boss today!

2016-06-01 11:55:02
June is here, time for new art!

2016-02-26 17:43:10
New Month , New Art!

2016-02-18 13:17:22
Buying a home ? Whip your taxes into shape now!

2016-01-26 16:21:10
Downtown Summa Welcomes 2 Artists this month!

2016-01-21 17:06:54
Things Buyers Do That Real Estate Agents Hate

2015-12-29 13:05:52
NEW YEAR , NEW ARTISTS!

2015-12-23 16:24:10
'The Santa Bubble': Why mortgage rates are up

2015-12-10 17:50:14
Top 5 Reasons to buy a home during the holidays

2015-11-30 18:54:02
Stop in for the LAST First Tuesday of the year!

2015-11-19 13:52:10
8 Hacks for hosting Thanksgiving at Home

2015-11-12 12:35:57
Don’t Wait—Beat the Crowds and Buy This Winter

Click here to see ALL articles.


Comment on this Article

Your Name:
Your Email:
Comments:
Verify:  Please enter the numbers shown to help eliminate spam.