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seal beach: Does the electrical system need to be updated on my FHA 203k project? - 04/07/13 03:06 PM
Well the simple answer is "yes and no" the minimum requirement is a 100A - 220V with breakers not fuses. We always recommend that the old Zensco Main Service Panels be replaced regardless of having breakers or not as they are commonly known to fail. Lets take a look at some we have seen that required replacement. This system has the incoming power on the right side and it feeds the meter then out to a stab lock when engaged it provides power to the "penny fuses" then out to the home.
Can you believe that in this day and (1 comments)
seal beach: No money down real estate - Concord - 08/19/12 12:06 PM
This is a big one. If you are involved with the FHA 203k at any level we can generate your own business without a lot of effort. Just consistency - it wins out every time. Be there when they need the information. I can’t count how many times I have asked groups at Realtor Associations how many people come into their offices each day just to find out after they have wasted about twenty minutes that the prospective home buyer doesn’t have any down payment. Maybe the prospective buyer heard some TV or Radio show that says you can (0 comments)
seal beach: 203k Consultant Los Angeles - 12/11/10 12:06 PM
We have been providing 203k consultations since 1994 throughout Northern CA and in 1995 trained a large group of consultants in the Los Angeles CA area. There were 33 in that class. At the end of the class I got everyone's attention with "only 10% of you will actually take this knowledge and move forward with it and actually become a 203k consultant". Three people came up to me at that meeting and said "I'm part of the 10%". They all became consultants and to this day I have them among a group I call my close friends. I'm very proud (0 comments)
seal beach: Perfect for the 203k - Los Angeles to San Diego - 03/05/10 10:32 AM
We, the real estate professionals, need to let the public know you have a property in need of repairs and you need to let other agents can bring you 203k offers. I'm still seeing way to many agent listings that say "no FHA or VA" that is beyond comprehension to us in the know. If you are one of those agents... ADD FHA 203k OKAY because otherwise you are admitting that YOU don't know what you are talking about. That's right if you are eliminating potential offers and your properties aren't selling... you are a fool or ignorant of the products (3 comments)
seal beach: 203k and the contractor from Denver CO to Columbia SC - 03/17/09 09:34 AM
There seems to be a lot of discussion about the contractor not requiring a license for a 203k loan. Any time you have a contractor on the job it is my opinion and many lenders agree that they should be licensed. If your project requires permits and your contractor isn't licensed the home owner must take out the permits. If there is any electrical work or work that could cause personal harm then why wouldn't you want a licensed contractor? We have always offered a list of potential contractors to our clients. We start with a disclaimer that suggests the borrower (0 comments)
Disclaimer: ActiveRain Corp. does not necessarily endorse the real estate agents, loan officers and brokers listed on this site. These real estate profiles, blogs and blog entries are provided here as a courtesy to our visitors to help them make an informed decision when buying or selling a house. ActiveRain Corp. takes no responsibility for the content in these profiles, that are written by the members of this community.