Rehab Loans in Wasilla and Palmer | Wasilla Real Estate News, Valley Market Real Estate

Rehab Loans in Wasilla and Palmer June 28th, 2007

Ugly house Sometimes you really like the house but it just needs a little TLC. It might be right where you want to live but the house just isn’t up to snuff.

Maybe the house needs a new roof, or some foundation work, or just new paint and carpet.

Over the years I have done several of these transactions. They entail more work and more time but sometimes it’s really the only way to go.

This little yellow ranch style home is ideal for this loan. It needs some work on the logs above the foundation but I don’t know where you can find a house like this for $115,000. Especially in the great location it has.

As far as I know there is only one loan officer in the Wasilla/Palmer area that specializes in these types of loans. That would be:

Jo Oxentenko
Wells Fargo Home Mortgage
907 227–2362 (cell phone)
or send her an email

If there are others that specialize in these loans use the comment section and I will add you to the list.

By The Way…the house in the top photo is NOT a candidate for this loan. It has a date with a bulldozer.

Written by 3 Comments »

This entry was posted on Thursday, June 28th, 2007 at 6:02 pm and is filed under Wasilla Real Estate News. You can follow any responses to this entry through the RSS 2.0 feed. You can leave a response, or trackback from your own site.

Louisville Realtor said at June 29th, 2007 at 5:07 pm
The ranch is very charming. I really like how the attached garage sits.
Jane said at July 1st, 2007 at 11:41 am
Good post on a loan type of which many people are probably not aware.
Wasilla Real Estate News » Blog Archive » Rehab Loans For Alaskan Investors said at August 18th, 2007 at 10:45 pm
[...] I recently discovered from Jo Oxentenko that the rehab loans work for investors as well. I thought these loans were only available to people that were going to occupy the home themselves but she informed me that investors can use them as well. [...]