Are you thinking about selling? Need some update or remodeling? I will loan you up to $25,000 to put towards those updates & renovations you’ve been putting off.
Here is how it works! We meet and discuss renovations, I’ll send — I loan you up to $25,000. Thee renovations help get TOP DOLLAR for your home and the money gets paid back at closing. No Interest. No Payments.
Get started by filling out the form below.
Renovation Loan Program
- Get a $25,000 interest-free for 90 days to update or renovate your home
- I’ll need to approve the contractor & check referances
- I will directly pay the contractor.
- We agree to the what is being renovated and the total amoun
- Seller agrees to have solicitor/lawyers register a 2nd mortgage forup to 12 months, interest-only after 90days term loan
- Lawyers/Solicitors create a promissory note and sellers direction to solicitor to besigned prior to any contracts or commencement ofrenovations
- The interest rate of 15 % per annum in the event the house is not sold or if the seller removes the home from the market
- Commission rate to be 5 % plus HST (Buyer and Seller)
- The seller must list the house with the Tony Sousa Realtor during the term of the renovation loan and during the term of the mortgage
- Standard mortgage terms to be signed by the homeowner atthe time of acknowledging the loan and mortgage commitment