Well, from time to time there are those listings that are really great but may have one or two features that just chase buyers away.Â Â I've got one of those right now.Â It's got a red sink...Â Otherwise the house is great.Â OK... it's also got wallpaper.
Besides these two minorÂ issues the house is an extremely well built home.Â A rare one story find for the area custom built on a prime one acre lot in a terrific Woodinville neighborhood.
The sellers understand the problem.Â We've of course addressed the issue by dropping the price to compensate for the uniqueÂ outdated features.Â Â Therefore, theÂ house is an extremely good deal for the current market.Â Buyers still walk away...passing upÂ aÂ fabulous home that could be spectacular with a few minor cosmetic changes.Â
My solution!Â A 203K loan,Â Â yes, a loan that can make a home what you want not what a seller thinks will sell a home or an agent suggests a seller do to sell a home.Â Â A 203K is a loan that rolls inÂ proposed improvements for the home.Â Kind of like a construction loan but a bit different.
So, the next time you look at a house and it's almost perfect except for the red sink or the wallpaper consider your financing options.Â Â Â A loan like the 203K Streamline
Â loan mayÂ make the difference between walkingÂ away and the home of your dreams.Â