Posted on: 02nd Aug, 2011 03:53 pm
I am looking at buying an unfinished newly built house. Right now it's just basically a shell. The roof is on, but there's no siding, no insulation or drywall. It's on a short sale. I'm curious to see if there is a mortgage loan out there available to buy the property and add in money for finishing the house? Would I have to get estimates on what it would cost to finish the house??
Yes there is a mortgage loan for that. To help you do the estimation, you can ask for an expert's assistance and let him or her see the property.