The house that you like is nearly perfect, except that perhaps it needs a little TLC; new bathroom, kitchen or basement finished.
But you only have 5% down payment and not the extra to do the renovations.
What can you do and what are your options?
Did you know that the Purchase Plus Improvement Plan lets you add the cost of upgrades to your mortgage before you move in?
It allows individuals to purchase the property and include improvements such as bathroom, roof, kitchen, hardwood floors, windows, etc, generally anything that will improve the value of the home is acceptable!