Bank Owned Properties
Bank owned properties, or "REO" for real estate owned, are a good place to start for a first home or as an investment for many qualified homebuyers. The "REO's" present an opportunity to use a PHS Solution for a New York or Connecticut mortgage. When you work with PowerHouse Solutions, you’ll get the best advice and guidance on the process of locating and buying a foreclosed house with a New York or Connecticut mortgage.
PowerHouse Solutions are experts with FHA Insured financing, including the FHA 203k rehabilitation loan for New York or Connecticut mortgages. This loan allows you to purchase a bank owned property and get the money to renovate the home all rolled into a single loan with a single monthly mortgage payment.
Low Downpayment: 3.5% ONE loan for purchase/renovations ONE LOW, FIXED Monthly payment Repairs from as little as $5,000 to Full gut-renovation Include up to 6 payments while you renovateThe Prequalification consultation is FREE, including a FREE credit report.
To view bank owned properties you must be Prequalified.
Call us at 1-877-PHS-GROUP or get started here
