So you've found your dream home, in the right area for a great deal, but it's just a little bit "less than perfect" and you didn't budget for improvements. Well for buyers with good credit there's no need to worry! A great new program from the Laurentian bank allows purchasers to tack improvement costs onto their mortgage.
The program allows purchasers the opportunity to do any neccessary home improvements immediately after taking possession. Improvements could include: finishing the basement, installing new windows or a new roof, updating the kitchen and the bathrooms, installing an energy efficient furnace or water heater, landscaping, installing new flooring or building an addition.
The program also allows buyers to get "cash back" from Laurentian bank to cover a 5% down payment, if they don't have the money themselves. Your Laurentian Mortgage Broker can give you all the details and help you to figure out if you qualify.
So if you're in the market for a new home, keep this in mind. That "almost" perfect home could be perfect in no time at all! Please be sure to pass this information on to anyone who might find it relevant, and don't hesitate to e-mail me with any questions.
Sincerely,
Peggy Hill
Broker of Record
Peggy Hill & Associates Realty Inc., Brokerage
Office: 705-739-4455
Direct: 705-796-8191
Peggy@PeggyHill.com
http://PeggyHill.com
?