Real estate blog entries tagged with 203k by Ken Cook, Web Dev, Brand Strategist 678-439-8683

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Home : Blogs : Ken "Yes You Can" Cook : Superior, HandCrafted Web Apps : Tag "203k"

203k: Five FHA facts agents and buyers need to know - 07/14/10 11:11 AM

The home buyer sees an ad on the internet for guaranteed 5 day closings, no minimum score and stated income from a "lender". Oh the hilarity! Unfortunately it can also end with a home buyer, home seller, a couple of real estate agents and their brokers, and a few other people doing a lot of work for nothing. Many outrageous claims are made by lead generation companies who sell the information to dozens or more loan officers who will call, email, fax, or email.
If it sounds too good to be true and every true mortgage professional is telling you there is something … (25 comments)

203k: [Video] In case you have not heard - Tax credits end April 30th - 03/01/10 04:14 PM

If you live in Georgia or want to live in Georgia I can help you fully understand the steps to get from loan application to closing table. If you are a first time home buyer or a repeat home buyer who has lived in your primary residence for at least 3 of the last 5 years of ownership I can help you. (We can still do a loan for you but you may not qualify for the home buyer tax credit).
Up to $8000 for first time home buyers who have not owned a principle residence in the last three (3) … (8 comments)

203k: FHA 203K Streamline Renovation/Purchase - 11/19/09 03:42 PM

So you or your client have found a home in a great area in the client's price range. Only one problem: it's in bad shape. The HVAC system is 50 years old, the roof is 40 years old and the windows may as well not even be closed. Plus the kitchen has vinyl floors in 3 different patterns and the counters are all laminate with burns and holes and scars.
Not to fear! Meet the FHA 203K Streamlined renovation loan.
Eligible Improvements Virtually any kind of improvement is eligible provided it becomes a permanent part of the real property and adds … (31 comments)

203k: Ramping Up The Market - FHA 203(k) Streamline - 05/08/09 03:24 PM

Scenario: Buyers find a home they really like in a neighborhood they love and the price is perfect. It just needs a few things like maybe a new roof or new HVAC system and they're in! Since it is either a bank REO or a distress sale there is no way the seller is going to make the repairs. Even though the total work needed is less than $35,000 the buyers (a) cannot get a loan approval because of the needed repairs and (b) don't have the money to do the work anyway.
Meet your friend, the buyer's friend, the seller's … (4 comments)

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Ken "Yes You Can" Cook

Marietta, GA

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Ken Cook, Web Dev, Brand Strategist 678-439-8683

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