Tip of the Week
The price is right, but the home needs a little TLC. That’s what Purchase Plus Improvements is for!
An appraisal outlining the current “as is” value and the “improved” value may be required. This often means a detailed list of improvements, including copies of the contracts outlining the scope of work & cost estimates.
If approved, then the full committed mortgage amount will be advanced to the solicitor at closing with instructions to hold back the cost of improvements until inspection by an approved appraiser confirms all work has been completed.
Angela Calla is an 19-year award-winning woman of influence which sets her apart from the rest. Alongside her team, Angela passionately assists mortgage holders in acquiring the best possible mortgage. Through her presence on “The Mortgage Show” and through her best-selling book “The Mortgage Code“, Angela educates prospective home buyers by providing vital information on mortgages. In light of this, her success awarded her with the 2020Business Leader of the Year Award.
Angela is a frequent go-to source for media and publishers across the country. For media interviews, speaking inquiries, or personal mortgage assistance, please contact Angela at email@example.com or at 604-802-3983.
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