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Tucson, Arizona Property For Sale Mortgage Financing Options for Renovations

Tucson, Arizona property is a solid investment.  Whether you're considering buying a home or selling your current residence and buying another home, it's important to be aware of the many financing options available today.  

There's renovation financing options that make fixing up your home into your dream home very easy.  One convenient option to make renovations, repairs, or improvements totalling up to 50% of the as-completed value of the property with a first mortgage, rather than a second mortgage, home equity line of credit, cash, or other more costly financing method.  

This financing option enables borroweres to obtain a purchase transaction mortgage and receive funds to cover the costs of repairs, remodeling, renovations, or energy improvements on the property! 

Using this method to finance the purchase of Tucson, AZ area real estate, a purchaser can borrow up to 95% of the as-completed value!  A second home can be purchased in the greater-Tucson area up to 90% of the as-completed value.  An investor in Tucson-area real estate can borrow up to 85% of the as-completed value.  Wow!  

There are many other financing options available to buy Tucson area real estate.  Down payment assistance programs are also available enabling someone to purchase real estate with no money down and no out-of-pocket expenses!  What are you waiting for?

If you currently own a property in the Tucson area, I'd love to share my marketing plan with you in order to sell your home at the highest price in the shortest amount of time as well as help you find another home that better suits your needs and wants.  Don't hestitate to call or email for a FREE home valuation and market analysis.

Buying or selling Tucson area real estate?  I'm your man.  I work with a team of seasoned professional to make your buying/selling experience go as expected.  We strive to exceed your expectations.  Please don't hesitate to call 520-248-1239 or email grichman@RichmanTucsonHomes.com for more information.  Evenings and weekends are fine.  I'm looking forward to speaking with you.  Thank you.

 

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