home renovations: Economic Update
- 07/04/11 11:21 AM
Pending home sales, a forward-looking indicator based on signed contracts, rose 8.2% in May after a revised 11% decrease in April. On a year-over-year basis, pending sales are up 13.4%. Retail sales rose 2.9% for the week ending June 25, according to the ICSC-Goldman Sachs index. On a year-over-year basis, retailers saw sales increase 3%. The Standard & Poor's/Case-Shiller 20-city housing price index - on a non-seasonally adjusted basis - rose 0.7% in April after a 0.9% decrease in March. It was the first monthly increase in eight months. The consumer confidence index fell to a seven-month low of 58.5 in … (0 comments)
home renovations: What improvements are NOT eligible under the FHA Streamline(k) Limited Repair Program
- 06/14/11 11:58 AM
According to FHA/HUD Guidelines the Following is a list of non-eligible repairs: New constructions including room additions Repair of structural damage Repairs requiring detailed drawings or exhibits Any improvement that will take longer than 3 months Foundation Repairs or new foundations on existing manufactured homes Pool repairs Landscaping or site-amenity improvements Call me or visit at 904-859-1778 or WWW.NorthfloridaShortsales.com for more Information and Lender that are excellent at working with FHA/HUD 203K Products Charles H Gaulden FHA/HUD 203K Consultant
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home renovations: FHA 203k Streamline and Full K makes Ugly Homes Pretty Again
- 06/14/11 11:38 AM
First Time Home Buyers You can Use a FHA 203K Streamline or 203K Full Loan to turn a Short Sale Home Purchases, Bank Owed Homes a Renovation Dream After Closing.Complete Kitchen Renovation...Complete Bathrooms Renovation...Re-Paint Interior and Exterior Walls..Replacement of Existing Windows...Doors; Interior and Exterior..... Include All the Major.Come Visit me at WWW.NorthFloridaShortsales.com To help You Find that Short Sale, Foreclosure Property and Bank Owed Homes (REO) to Renovate … (1 comments)
home renovations: Short Sale Purchases
- 06/14/11 11:27 AM
Most Short Sale Purchases is a AS IS Purchase for Home Buyers. That means if there are broken Windows, Holes in the walls, Holes in the Ceiling, Stained Floor Covering, Bad Door Hardware, Interior Doors, and Most Interior and some exterior damages the Lender will not in most cases do any repair work. So, that mean you need to Use FHA 203K Streamline to get those minor repairs done.Come Visit Me at WWW.NorthFloridashortsales.com and drop me a email if you need help finding a Lender and a Good Loan Officer that Understand FHA 203k Program. … (0 comments)
Pending home sales, a forward-looking indicator based on signed contracts, rose 8.2% in May after a revised 11% decrease in April. On a year-over-year basis, pending sales are up 13.4%.
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