How to Buy and Improve this Home for Sale in Buford, Georgia
The property at 2540 Woodford Lane, a home for sale in Buford, Georgia, checks off a lot of boxes for busy lifestyles. It offers plenty of space, with over 2500 interior square feet that includes four bedrooms, two and one-half bathrooms, a roomy second-floor laundry, and a private flexible space. The mostly level semi-private backyard with patio is ideal for outdoor enjoyment, and it is located in an established Northern Gwinnett County Community near award-winning schools, dining, stores, easy interstate access, and more.
Get a Renovation Loan with Your Mortgage
While the original owners have recently replaced the roof, HVAC, water heater, and dishwasher, and had the interior professionally painted, more cosmetic enhancements will make this property feel more like a new home, perhaps even better than new. Funds for home improvement, however, are often limited shortly after closing on the purchase, and home décor becomes less of a priority during the time of ownership. What if you could finance the home improvements as part of your mortgage on the property and pay the loan back over time at a competitive rate? A renovation loan can help potential home buyers personalize 2540 Woodford Lane with updates that make it a better fit for their needs and style. Use it to replace the cabinets, flooring, add or replace light fixtures, and otherwise refresh the property so that it becomes the showplace that you deserve.
Myths about Renovation Financing
Renovation loans are one of the most flexible tools in home financing, but many people miss out due to common misconceptions.
Myth: Qualifying for a renovation loan is difficult.
Reality: Approved conventional borrowers may already be eligible for a renovation loan. Many first-time homebuyers qualify for conventional renovation loans and may even combine them with down payment assistance to help make the purchase more affordable.
Myth: Renovation loans are only for experienced flippers and other investors.
Reality: Renovation loans are designed for everyday buyers, and they work well for first-time buyers in search of long-term value.
Myth: The home has to be in poor condition.
Reality: Renovation loans can be used for minor cosmetic upgrades like paint and flooring or larger projects like kitchens, bathrooms, and additions.
Myth: The process is overwhelming.
Reality: Although obtaining a renovation loan requires a few extra steps, compassionate and patient resources are available to guide you through the entire process, ensuring a timely close.
In closing on buying and improving this Home for Sale in Buford, GA
The property at 2540 Woodford Lane has been well-maintained with upgraded systems and more, but it is styled to the tastes of the current owner. Ask your loan officer or Metro Atlanta Real Estate Agent how to make it your dream home, or call me today at (770) 271-2156 for more information on how to make this home for sale in Buford, Georgia, meet your needs and match your style.
 | Drake Realty, Inc. Solomon Greene |
