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A GUIDE FOR FIRST-TIME HOMEBUYERS. Buy and remodel with one loan.
Buying your first home is exciting! And, if you’re like many first-time homebuyers, you may not have the budget to buy the home of your dreams and are considering buying a fixer-upper. As you may already be aware, buying a home that needs some love can be a smart investment, as these properties are typically less expensive and rarely list at full market price. And once you snag a bargain, it can be exciting to imagine what you can do to make it your own – new kitchen and bath fixtures, an open floor plan, a dedicated home office – projects that will increase its value, make it a more enjoyable place to live, and show o your unique style and personality. Paying for it may be easier than you think.