Have you ever been in one of those homes that had great bones and character to it, but needed quite a bit of TLC or maybe a complete renovation?

We recently helped a young couple, first-time homebuyers, who were willing to buy a fixer upper and make it their own.

Our concern for them was that they not buy a home that would be a money pit nor use all of their funds to fix it up.

We took the time to educate them on renovation loans and how they allow you to roll the cost of the improvements into the loan to save cash for other purposes.

They bought a great home near the shops and restaurants in the Del Ray section of Alexandria, and workers were in the day after closing to begin extensive renovations.

After renovations, the home appraised for $20,000 more than the cost of the purchase and renovations.

Who are buyers you know like this couple who might also be interested in a renovation loan? They could be first-time buyers without much cash or current homeowners needing a unique way to move into a larger home.

Please link us together by email, and we promise they will get the excellent service they deserve!