fha 203k: Coming Soon - Hanlon Neighborhood Fixer Upper
- 04/12/20 02:57 PM
Coming Soon - Hanlon Neighborhood Fixer Upper 2426 N. Ellamont St, Baltimore, MD 21216 This REO property is perfect for a FHA 203K or other renovation loan or investor. The home was updated at some point in the past and was once a 4 bedroom home, a wall was removed so it has a huge master bedroom and 2 smaller bedrooms. You'll enter the home from the covered front porch into an entrance foyer then either into a large living room or through to a large kitchen. There is a formal dining room to the rear of the living room. It's unknown if there … (7 comments)
fha 203k: Buying a Fixer Upper with a FHA 203K Loan - The Basics
- 02/01/10 01:21 PM
Buying a Fixer Upper with a FHA 203K Loan - The Basics Have you been thinking about buying a house but you can't find anything that you like? Have all the houses you look at, in your price range, fallen short of your expectations? There are a lot of homes out there for sale that need work to make them livable but after vision, money and sweat they would be perfect for you. However, you may only have 3 1/2 % plus your closing costs saved and not have enough for repairs. How will you ever buy a house like that? … (4 comments)
fha 203k: Diary of a Realtor turned Rehabber - cont'd
- 03/26/09 03:13 PM
Dear Diary, I thought the day would never come. We finally settled on our rehab project. When I got the call last Friday that they had the release from the second mortgage holder I was doing the happy dance!! We used hard money for the purchase. Hard money is called hard money mostly because the terms are hard to swallow. But, what a lot of people don't think about is that the 15% interest rate we're paying is paid over the period of a year. We don't plan to own this house any longer than about five or six months and … (2 comments)
fha 203k: Diary of a Realtor Turned Rehabber
- 02/13/09 12:13 AM
Dear Diary, My passion has always been old houses that need love and turning them into something beautiful or returning them to their one time splendor or better. I've always worked very closely with some of my clients to find just the right property in need of some tlc and then helped them through the process so that the end product is something that someone would want to buy. The market has been a little slow lately for us and financing a little harder for some of my clients as has been initiative even though there are some great deals to … (9 comments)
fha 203k: Renovation Mistakes - continued
- 01/01/09 03:30 AM
This post is the third in a series of blogs about mistakes people make while renovating homes. This is pretty extensive and was inspired by an HGTV program aired a few days before Christmas. I help a lot of home buyers purchase homes that need some TLC. They often purchase their homes using a FHA type loan product called a 203K loan which is a renovation loan allowing for the purchase and funds the renovation as well. There are several different types of 203K loans. A streamline which is very simple and does not require the home owner to have a … (4 comments)
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June Piper-Brandon
Creating Generational Wealth Through Homeownership
Coming Soon - Hanlon Neighborhood Fixer Upper
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