203k financing: Writing an offer with 203k financing in Oakland Alameda, San Francisco - 05/14/12 05:15 AM

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Oakland Ca., It’s no secret we’ve discussed this before, there are some properties on the market with deferred maintenance right? Well it can be tricky for first time buyers to get into these well priced properties due to financing restrictions. That’s why more and more we are seeing 203K offers when necessary, a loan that actually allows you to finance the construction of the property after the close of escrow. Now the big questions is “How do you write an offer on a 203K property?”
Step 1
Put 203K in the Purchase Contract – Now this … (0 comments)

203k financing: How 203K Financing Can End the Foreclosure/REO Epidemic in Piedmont - 10/18/11 08:54 AM

In San Francisco, Oakland, and Alameda, we are getting more and more requests for 203K Financing which is very exciting. This is the best product in the real estate finance industry hands down! It may not make you the most money, purchase prices can be on the low end. It definitely isn’t the easiest loan out there but there is no such thing as an easy loan anymore . And yes, there is more paperwork in a 203K.
That being said the 203K is the only loan that appreciates months after funding. There are a lot of things put … (0 comments)