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)!
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Replaced the non-functioning hot water heater with a Tankless hot water heater. This allowed sufficient extra space to create a functional laundry area.
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Added drainage to direct water from the downspouts away from the foundation
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New roof and gutters
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New attic insulation, sealed ducts and sealed building envelope (windows and doors) - big savings on future utility bills!
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Removed the overgrown Palm tree that was a rodent bridge to the attic
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New sewer clean-out
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Wonderful new 12 x 14 deck. Previously this home only had access to the back yard and patio through the garage
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New French Doors to the deck (the purple paint in the room is soon to go!)
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