Buying an old house to fix up has an attraction for many people. If you can find a house with charm and character, a renovation may enable you to create just the living environment that you want. You should start with a good real estate agent to help you locate the right house and recommend lenders who make both acquisition and construction loans.

Financing a renovation is perhaps the most difficult part of the whole project, especially if the house needs extensive work. Few banks will make these loans to people who are not professional developers. You should prepare for your loan application by having a written proposal. It helps to have an engineer's report or architectural plans and to include estimates from contractors covering the costs and timetables for the work to be done. Your real estate agent can help you put together a market analysis of the neighborhood to show that you will not be over-improving the property compared with other homes in the area.

	See All Tips In The "Financing Your Home" Category >
	See Complete Library Of Hundreds Of Tips In 30+ Categories >

Paul Augustine
RE/MAX Centre
2701 York Rd.
Jamison, PA 18929
Cell: (215) 565-5335
Office: (215) 343-8200 x.115
PaulAugustine@NUMBER1EXPERT.com

Serving Southeast Pennsylvania, my areas of expertise are residential and investment real estate. Horsham, Hatboro, and Warminster are my core market areas. I am a life-long resident of Horsham, so I have an intimate knowledge of the Southeast Pennsylvania real estate market.

Southeast Pennsylvania has so much to offer, and each buyer and seller's individual needs are unique. My knowledge of the local market allows me to help my clients make informed decisions about where to move and when to move. If they are selling, I want to use my market expertise to help them sell for top dollar. If they are buying, I want to make sure they buy under the right terms and for the right reasons - I take a lot of time to tune in to their interests, wants, and needs to help them decide where to buy.

My professional designations and accolades include:
-Accredited Buyer Representative (ABR)
-Certified Distressed Property Expert (CDPE)
-Certified Residential Specialist (CRS)
-RE/MAX 100% Club (2006-Present)

With most of my business coming from repeat and referred clientelle, the primary focus for me is serving my clients during and after their transactional needs are met. Along with a network of excellent service and trade professionals, I oversee all the details of my clients move and give them a great experience!

www.AugustineRealtyGroup.com is brought to you by Paul Augustine
NUMBER1EXPERT™ in real estate for Horsham, Hatboro and Warminster, Pennsylvania

Read Paul Augustine's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge