Unlikely 203k property? Maybe yes, maybe no - Sacramento to Oakland

Learn what properties qualify for the FHA 203k program.

When you think of a 203k you likely think of a small house in a rough neighborhood as for many years that is exactly what it was. Not true any more... 

Typical house for the FHA 203k loan program - 

Typical home for 203k loan guaranteed program

This is a 203k potential home for sure.

 

 

 

 

 

 

 

 

 

 

 

 

How about the one below? It is also an FHA 203k...

203k home in Sacramento County

 

 

 

Who would have guessed?

These two homes pictured above have a commonality of both being in the process of an FHA guaranteed 203k loan. The 203k can be used for any home in nearly any neighborhood today and is the most widely used loan program for properties requiring repairs. You must make arrangements to get the repairs done on a home that needs repair so what simpler way to do so than this program. 

 

 

 

 

 

 

Unlikely 203k property Mike Young archives

 

 

How about this one? Yep, it was another 203k project.                          

 

 

 

 The properties dont' have to be bad properties in rough neighborhoods. The maximum loan amounts in many counties allows you to take advantage of making renovations with your purchase or refinance at low rates making this the most popular renovation loan program in the USA and our colonies.

Mike Young, 203k Team Leader    Mike ready for your 203k order

With offices coast to coast and HQ now at PMB 168, 5055 Business Center Drive, Suite 108 Fairfield, CA 94534 1.707.812.7668

To learn more about the FHA 203k loan program go to www.203kOnLine.com. To contact us for a consultation please go to www.my203kconsultant.com and "order a consultation". If you like what you see here please take a look at Another blog by Mike Young in Spanish and other languages.

Skype name: the203kconsultant

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This post has been included in California Real Estate News Sacramento County, CA Real Estate News Rio Linda, CA Real Estate News
Post is included in group: Livermore, California
Post is included in group: Folsom Real Estate
Post is included in group: Oakland Real Estate
Post is included in group: El Dorado Hills Real Estate

2 Comments on Unlikely 203k property? Maybe yes, maybe no - Sacramento to Oakland

MAR
27
2012
801,824 Points 98 Featured Posts Outside Blog Called Shot Master

Wow, that is a shocker Mike. I just thought that the 203k loans were for the smaller homes. Good to know.
7:29pm • #1
MAR
28
2012
319,578 Points 8 Featured Posts Outside Blog Attended Rain Camp

Tom, that is the stigma around the 203k but the fact is that any home that needs work in order to close an escrow can be a 203k
7:27am • #2


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Mike Young, FHA 203k Consultant 707-812-7668, the203kconsultant (203kOnLine.com) Rainmaker_large

Mike Young, FHA 203k Consultant 707-812-7668

the203kconsultant

Fairfield, CA

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203kOnLine.com

Address: We cover northern CA from our, Fairfield, CA office, Fairfield, CA, 94534

Office Phone: (707) 812-7668 x 203

Cell Phone: (704) 451-1599

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