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203k consultant in Oakland CA
203k consultant in Oakland CA
Oakland has been a stronghold of renovation loans for many, many years. Whether you use the Standard 203k renovation loan that allows your imagination to run wild or the Limited 203k for non structural issues and minor construction issues makes no difference. 
When you say "203k consultant" you automatically think about the loan officer who can put these loans together on the lending side but the actual 203k consultant is guy on the ground that works with the client to create a scope of work and then bids the job so the client has a reasonable expectation of what the costs associated with that project will be. 
This is empowering to the buyer who likely hasn't ever done a construction project prior to this. Now they have an idea that this particular project should have a cost of about $75,000 for this example. When the first contractor bid comes in at $90,000, they should not panic, lets see the second bid, when it comes in at $75-80,000 it is a good bid.
What happened to the first contractor bid being so high? When contractor's get busy and many are very busy right now they tend to increase their prices to ... more

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