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Financing Your Home >Finicky Financiers 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 >

Q  What island in the St. Lawrence River was given away on a television game show in 1964? A  Price is Right Island was given away by Bill Cullen on "The Price is Right." See More Real Estate Trivia >

The Home Selling Team Star Properties Real Estate 322 Nolana McAllen, TX 78504 956-607-1258 Fax: 956-664-0129 marilynhardison@NUMBER1EXPERT.com Number 1 Expert www.RioGrandeHomesForSale.com is brought to you by The Home Selling Team NUMBER1EXPERT™ in real estate for McAllen, Mission and South Padre Island, Texas Read The Home Selling Team's Privacy Guarantee, Terms of Service, and Free & Without Obligation Pledge

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