Home Improvement Grants My Landlord Doesn’t Know About
I just got the deal of the century on my new apartment rental, and if my new landlord knew what I do about government home improvement grants, I am certain that I’d be paying much more in rent than I’ve negotiated. I am currently renting because as a hopeful, soon to be first time home buyer, I am exploring the options of government grants to help me finance my first home. Accepting the fact that I’m going to have to start small, I know that I’ll be buying a “fixer-upper”. So I’ve also researched the availability of home improvement grants.
In the meanwhile, I found a fantastic apartment in a fabulous neighborhood! Seven rooms, tons of space, nice back yard, garage, basement, hardwood floors, high ceilings, natural woodwork and tons of character. Virtually the apartment of my dreams and the closest thing to a real “home” until I find that rehab to call my own. Unfortunately, it too is a “fixer-upper”. Every key attraction I mentioned needs work, and a lot of it. On the bright side, I was able to strike a deal with the landlord and sign a lease for only $900 per month providing that I do the redecorating and repairs myself. Many of my friends and family are in the home improvement business so I am well taken care of in that area. The repairs are going to cost me very little. However, if I were the actual owner, it would not cost me one red cent! Government funded home improvement grants could have financed all of it. Every penny.
And if my landlord had known about these home improvement grants, he’d have had all the rehab work done himself and I’d easily be paying nearly twice the amount in rent! Even though the investment I made in someone else’s property will pay off for me month after month in reduced rent, and the place is starting to look great, every time I paid cash out of pocket for a repair I wished I’d owned the place so government home improvement grants could have paid for it.
There are so many different government funded home improvement grants available to American home owners. It is amazing to me that more people are not taking advantage of them. Particularly, landlords with rental properties that are in need or remodeling or repairs. If you are a landlord who wants to dramatically increase your rental revenues and increase your property values at no cost to you, government funded home improvement grants are definitely the way to go. And if you are a renter who’s handy around the workbench, don’t ever tell your landlord about home improvement grants
In: Home & Auto Financing · Tagged with: government home grants, home buying & repair, home improvement grants, home mortgage grants
on March 17, 2009 at 4:31 pm
The reason i was asking for help is i lost my Job in June 2008,I’m in debt with my credit cards and loans.