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Restoring History with an FHA 203k Renovation Mortgage

This is a story of a home owner who purchased a home with extensive fire damage.  They brought this 1870’s historic home back to life using a FHA 203k Renovation mortgage to complete all the needed repairs and more.  A piece of Kalamazoo, Michigan’s history has been restored!

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SELLER CONCESSIONS VS. PRICE REDUCTION

SELLER CONCESSIONS VS. PRICE REDUCTION: WHICH SAVES YOU MORE CASH IN KALAMAZOO?

Are you preparing an offer on a home in Kalamazoo, Portage, or Texas Township and trying to get the best financial deal from the seller?

Yesterday, a move-up buyer walked into my office after touring a spotless four-bedroom colonial near Westnedge Hill. The home listed at $310,000. They wanted to negotiate $10,000 off the deal to make their overall purchase more affordable.

Their immediate thought was to offer $300,000.

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