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Inherited Property Financing Increases Property Value and Credit Scores
An inherited property needed extensive repair and a sibling needed to be bought out by an ACC Mortgage customer with outstanding judgments and student loans. The ACC loan allowed this customer to make repairs that significantly increased the value of the inherited property, paid off his outstanding debts, and increased his credit scores by 80 points in 4 months.
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Fix & Flip Opportunities in the Maryland, Virginia, DC Metro Region
Fri, 19 Mar 2010 15:30:31 +0000
Having been a lender in the DC Metro market since 1992 I am keenly aware of the trends and watch the markets closely. Although I did not predict the full extent of the dramatic upswing in home values in 2000-2005 I did foresee the peak and subsequent massive decline. The bottoming out of the [...]
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