$110,000
i found this property and can't stop thinking about it
what it has:
new high efficiency gas furnace, tankless hot water heater and a R-401A air conditioner
(if you know anything about green building, you will be familiar with all of these components, which are smart additions to an energy efficient, healthy home)
someone started this project four years ago with a sustainable home in mind and must have run out of money
on original discovery, i only had the front elevation picture to gaze at
i assumed that big picture frame window was for a living room
i had plans to take that window and stick in the back for a living room that faced southwest
this way i could have a kitchen with the morning light and an eye on the neighborhood
to my surprise, i was delighted to see the back of the house (which i snuck around with my camera)
what it needs:
insulation, sheet rock, updated electrical, plumbing, electrical fixtures, kitchen, bath and windows!
So apparently FHA loans, about the only loan i could ever qualify for, does not lend for fixers
so this is a CASH only home :(
hasn't stopped me from dreaming about the 1000 people who could donate $100
or writing a grant proposal to finish this home as a green remodel case study
a little information on HUD's
203K Rehab program
i've applied for an administrative internship position with green hammer construction, the best darn green builders in portland today! so i'll make some personal sacrifices for the next four months if they'll just give me a chance
