The Burringtons are on their way to becoming home owners again! Our offer on a bank owned home has been accepted even with the seller's paying the 6% closing costs. Since the home is bank owned it needs some renovations. The mortgage, as well as the renovations, will be financed through a homepath renovation mortgage. The amazing thing is this is a conventional loan but we only need to put 3% down! Settlement is scheduled for the end of June after which we have 3 months to complete the renovations. We don't anticipate moving in until sometime in Aug. when our current lease is up.
The home is a 2 bedroom, 1 bath, rancher with a full basement, 2 car garage on a 1/2 acre with an inground swimming pool. Below are pictures of the house to give you an idea of what renovations need to be done. Our goal is to completely finish the basement to include a full bathroom, a bedroom and family room. The other major renovation would be to the kitchen. Other minor repairs need to be done throughout the house as you'll see in the photos. There is nice hardwood flooring under the carpeting.
We look forward to being able to post the "after" pictures.
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| Florida Room |
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| back bedroom door missing |
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| Master bedroom |
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| stain on LR floor |
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