I have found 203k loans to be useful for first time homebuyers. In my opinion you can get more bang for your buck and imprint your vision upon a home. But it isn't right for every buyer.
Tom Brady SFR, e-Pro, SRES, GREEN
Licensed Real Estate Salesperson
Notary Public, Ret. NYPD Lt.
"We treat you like family!"
Charles Rutenberg Realty, Inc.
255 Executive Plaza - Suite 104
Plainview, New York 11803