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buying a fixer: Battered Home Becomes a Beauty Using the FHA 203k Renovation Loan, Part III The Kitchen - 10/28/11 11:34 AM
This Part III of the journey of how one battered home became a beauty using the FHA 203k Renovation Loan. This post addresses the "sexy" part of the renovation - the kitchen! To discover where this journey started, read Part I To view the exterior renovation on this home, read Part II While the FHA 203k Renovation program is time and paperwork intensive, it is an amazing opportunity to give new life to a home and create your dream home in the process. The amazing part is that my buyer's down payment was 3.5% of the entire project (cost to purchase
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buying a fixer: Battered Home Becomes a Beauty Using the FHA 203k Renovation Loan, Part II - 10/27/11 11:51 AM
This Part II of the journey of how one battered home became a beauty using the FHA 203k Renovation Loan. To discover where this journey started, read Part I. While the FHA 203k Renovation program is time and paperwork intensive, it is an amazing opportunity to give a home new life and create your dream home in the process. The amazing part is that my client's down payment was 3.5% down of the entire project (cost to purchase + cost to renovate)! Replaced the non-functioning hot water heater with a Tankless hot water heater. This allowed sufficient extra space
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buying a fixer: Battered Home Becomes a Beauty Using the FHA 203k Renovation Loan, Part I - 10/25/11 12:20 PM
This is the journey of how one battered home became a beauty using the FHA 203k Renovation Loan. Let me give you a little background. My client, an absolutely delightful woman who will be retiring in one year wanted to purchase a small, single story home that she could afford on her retirement income and was reasonably close to her grandchildren. We viewed homes for over 7 months, made 5 offers and were out-bid by cash buyers each time. It was time for a change in strategy - purchase a battered home and make it a beauty using the FHA Renovation
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