Would a 203k loans Help Fix a 100-Year-Old House

Simple to Stunning: 100-Year-Old House

Many of the rooms and projects I share on our Simple to Stunning are smaller ones that can be done with little demo and often can be taken on by savvy DIY’ers, however, today I thought I would showcase a total overhaul done on a home by one of my home reno bloggers, John and Sherry from Young House Love. They have lots of great ideas and their blog is written in such an entertaining way that you will likely spend at least an hour looking through their many pages of projects! 

Let me introduce you to one: their beach house renovation. They bought this 100-year-old home for $125,000 and turned it into a shining beauty. It came along with some HUGE projects—one side of the house had completely rotted wood, the ceilings were crumbling, it needed a new roof, new electric…. The list goes on and on! The outcome of this fixer upper is spectacular! Not only will they have a new vacation retreat for their family that is only a few blocks from the beach but they have a property that is now worth much more than what they put into it! I’ve included a few photos below of this transformation but for details of their project, check out the Young House Love blog.

If you are considering a renovation, consider applying for our FHA 203K rehab loan. This loan allows you to finance the renovation itself, not just the cost of the home! IF you would like to learn more, give one of our loan officers a call 1-888-914-2276 or you can apply online on our website at www.smcapproved.com and hit the “Apply Now” button on our home page!

Source: https://www.younghouselove.com/2016/11/we-bought-a-house/

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Source: https://www.younghouselove.com/2016/11/we-bought-a-house/