Experienced Staten Island & Brooklyn Real Estate and Refinance Attorney | Government Funds for Repairs to Your House If You Are Purchasing a Home or Refinancing

The government has created a fund that can be used as a home improvement fund as long as you qualify under their conditions.  The fund is called the FHA 230K Home Loan.

The purpose of this loan is to help homeowners make repairs to their homes and better their properties.

This loan can be used in a variety of different circumstances such as

  • Purchasing a Staten Island or Brooklyn home that is being sold as a short sale and needs repairs
  • Purchasing a home and moving it to a new site and repairing it
  • Refinancing your existing Staten Island or Brooklyn property and repairing your home.

The FHA 230K Home Loan requires that you take out a minimum loan of $5,000 for repairs.

If you were undecided about purchasing a Staten Island or Brooklyn property or refinancing your home now may be the time for you to move forward with your plans.  Contact Steven T. Decker, an experienced and well known Staten Island & Brooklyn New York Real Estate Attorney, for more information on purchasing a home, the sale of your existing home, refinancing, modifying your loan or purchasing a short sale.  For more information on the eligibility requirements for this “Home Fix-up Loan” click on the link below.
http://www.fhainfo.com/fha203k2.htm

 

Steven T. Decker is an experienced real estate lawyer, author and speaker. With over 20 years of experience, Steven represents individuals and investors in the purchase of residential and commercial real property. Steven is the author of "The Five Myths that can Ruin the Purchase of Your Home" and he is the publisher of the "New York Real Estate Law Blog". If you are buying or selling a home or commercial property in Staten Island, New York City or New Jersey contact Steven T. Decker, Esq. to discuss the services that he offers and how his legal representation will assist you.

IMPORTANT DISCLAIMER: The information contained on this website is provided for general educational purposes only, should not be relied on as legal advice and does not serve to create an attorney client relationship. In utilizing this website you acknowledge that there is no attorney client relationship between you and Steven T. Decker, Esq. and that the information contained on this site does not and cannot serve as a replacement for the competent legal advice of a licensed attorney in your state. The content of this website is subject to the Copyright of its author, Steven T. Decker, Esq.
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