Ar_home_b_search
 



203k loans: Perfect program for REO properties with minimal repairs - 07/26/09 10:01 PM
The streamline 203k is a perfect program for REO properties with minimal repairs.
Did you know you can tell the bank that they will not be responsible for the repairs?  WOW!  The bottom line not to mention the headaches,  just looked a lot better!   And that FHA buyer that didn't look so great, just went from mediocre to a GREAT offer!
The FHA 203k Loan allows for the client to finance the cost of repairs needed on a property into their mortgage.  The repairs are done after closing so this is an advantage to the seller or bank that owns the property because … (0 comments)

203k loans: 203k Made SIMPLE? Yes, for your clients.......... - 07/14/09 06:25 AM
203k MADE SIMPLE?
Ok, maybe not, but I will attempt to make it as simple as possible for the client to understand and want to read on.  For many of us in the business who are " in the know"  we forget that we need to go back to the basics and spell it out in simple terms for others to understand.  So I've compiled some information based on my most recent commonly asked questions just this week.
In Southern California, FHA loans were just not utilized over the past 10 or so years because of the FHA Maximum Mortgage limits  But now that the limits … (100 comments)

 
Webpic%20(3) Rainmaker_large

Colleen Craig

Santa Clarita, CA

More about me…

Southern California Mortgage Professional

Office Phone: (661) 310-8536

Cell Phone: (661) 310-8536

Email Me



Listings

Links

Archives

RSS 2.0 Feed for this blog