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Know of any home repair grants?
My family has lived in a bad neighborhood since i was born and i am 27. someone has scratched his car and tried to steal my car. We really would like to move but the bank told him that he has to fix this house up and sell it before he could get a loan. We live in Maryland and need help maybe if u guys new of any home repair grants or any guidance of any kind would greatly be appreciated. Thank You all
1 Answer
- Janice 10Lv 71 decade agoFavorite Answer
Chech with Hud n your area or Ecnomic Development Deptarment in your area.They should be able to help you.
Source(s): Real Estste Tycoon,Investor and Volunteerfro Habit For Humanity. - 1 decade ago
There are grants that can be attained for new home ownership that could be attached to your loan at closing for repairs. Since the house has been lived in for so long, you are only left to getting a loan. You could take a loan against the equity in the home to do repairs, and hope to recoup the cost when it sells, or just sell the house "as is" and hope to break even to have enough to live somewhere safer.
