203k consultant charlotte: How to Legally Remove a Contractor from Your Renovation Project - 05/12/25 06:48 AM
How to Legally Remove a Contractor from Your Renovation ProjectDisclaimer: This article is for general informational purposes only and does not constitute legal advice. Every state has unique laws governing construction contracts, and it is imperative you consult with a qualified attorney licensed in your jurisdiction before taking action.
Hiring a home renovation project contractor can be an exciting step toward turning your dream property into a reality, especially when utilizing the FHA 203(k) renovation loan program. However, when expectations are not met, deadlines are missed, or workmanship falls below acceptable standards, you may ask: How do I fire my contractor?
Terminating a … (0 comments)

203k consultant charlotte: New Orleans is a hot bed for renovation loans - 11/19/23 09:20 AM
New Orleans is a hot bed for renovation loansActually every city in America is a treasure trove for renovation lending. Peggy and I just got back from New Orleans where we had a ball. This is the French Quarter nears where we stayed. 
Look closely at the gutters then those two pipes, one on each side which caught my eye. They are the downspouts  and they drop the water right on top of your head if you are walking on the sidewalk below, LOL 
I found this interesting from a home inspector's point of view. Apparently it has been this way for over … (2 comments)

203k consultant charlotte: The FHA 203k is alive and well in Charlotte NC - 03/28/17 08:53 AM
The FHA 203k is alive and well in Charlotte NC
The FHA 203k loan guarantee program is actually alive and well all over the USA but it isn't the only renovation loan out there. If your client has more than 3.5% down payment the Fannie Mae program called HomeStyle® Renovation Mortgage may be a better option. If your client is putting a 20% down payment there is no PMI (Private Mortgage Insurance) which can save them several hundred dollars per month. This could also allow them to purchase more of a house.
I had a lender call me for a "rush job" in Charlotte … (2 comments)

203k consultant charlotte: Your Garage Smells Like an Ash Tray ... Who is Smoking out Here? - 04/14/13 01:59 PM
 
Nice post and so pertinent to some of the renovation projects we do throughout the country. I had no idea it was this easy to get rid of that nasty oder. O wonder if it might work for cat smell too? 
Your Garage Smells like an Ash Tray…Who Is Smoking Out Here?

 
I recently went on a listing appointment and the house is beautiful.  Everything looked great until they showed me their 3 car garage.  As soon as they opened the door from the kitchen to the garage you could smell cigarette smoke.  It really smelled bad.
 
(2 comments)

203k consultant charlotte: How would you like to market this house in Berkeley? - 12/08/12 06:22 PM
I see lots of different designs but here is one in Berkeley that appears to be a little unique
It might be fun trying but can you imagine having the appraiser say it conforms to the neighborhood? LOL, I'm laughing because some would say that. 
I've passed by this home a hundred times and each time it gets my attention. I've not seen one like it before though I have seen a good many odd looking houses. The appraiser as to say "this home appears typical of the neighborhood" or it doesn't... mmm
I had one recently where the appraiser arrived … (7 comments)

203k consultant charlotte: 203k consultants in Charlotte, Spartanburg, and Columbia - 12/16/11 03:48 PM
Hey guys and gals, I'll be visiting Charlotte, Spartanburg, and Columbia through the end of the year. You have been doing wonderful and keeping the 203k movement strong there and I wanted to congratulate all of you. David Sovde in Columbia SC, Walter Wilson in Charlotte NC, Brad Johnson in Spartanburg SC.
David has done exceptionally well from Columbia to Charlotte but primarily staying in SC with "David's 203k Consulting Service". He is a real asset to anyone looking for a good 203k consultant. He has been covering all the way to the coast.. Charleston for us. Our new guys in … (0 comments)

203k consultant charlotte: 203k consultants in Charlotte, Gastonia, Spartanburg, and Columbia - 04/09/11 02:25 PM
203k consultants in Charlotte, Gastonia, Spartanburg, and Columbia Well, this morning was beautiful in Harrisburg, NC, we had our crew together for a short two-hour discussion on report writing for the FHA 203k loan program. While we have some of the best consultants in the business working with us nationally we like to periodically churn the brains and keep them up to date with the latest changes in the program and how they can write a better report.
Walter Wilson on our Charlotte, NC team is always a pleasure to have at these meetings. He is one of the most knowledgable … (2 comments)

203k consultant charlotte: 203k Seminars - Fairfield, Stockton and Sacramento CA and Charlotte NC - 12/08/10 03:38 AM
The magic of the FHA 203k program is a wonder to see. We have called it "The American Dream Machine" since 1994 when we rented a hall in El Sobrante, CA and provided weekly meetings. This coming Saturday is a Realtor training day and mixer in Stockton, CA with one of our teammate lenders. 
We have a FREE consultant report writing class in Harrisburg NC at my offices there on Monday 12/20/2010 at 10 am for anyone wanting this 2 hour continuing education course as our gift for this Christmas season. We do have limited seating so please let us know … (0 comments)

203k consultant charlotte: 203k loans are alive and well in Rock Hill SC - 11/11/10 12:16 PM
203k loans are alive and well in Rock Hill SC
Rock Hill as well as any other city in South Carolina is finding the FHA 203k loan program and we are seeing more and more asset managers who are willing to take 203k offers on their properties. It is about time. These are quite often full price offers and all cash to seller. Why wouldn't anyone want that? 
David Sovde, a 203k consultant in Columbia SC area covers the Rock Hill area as well as Columbia as he lives in Blytheville SC, has just expanded our services to cover Charlotte NC as … (2 comments)

203k consultant charlotte: 203k draw inspections Charlotte and Columbia - 11/10/10 04:43 AM
 
This weekend is a Charlotte weekend lots of draws today. I love these draw inspections. What is a draw inspection?
Once your 203k project gets underway and work begins it won't be very long before your contractor wants to be paid. They just need to put a call in to the consultant who will typically perform the draws on the project. That call will initiate a "draw request" (sample click here).Column 3 is all that your contractor will fill out, don't total it, just indicate the items and amounts you want to be paid for in the column and sign page … (2 comments)

203k consultant charlotte: 203k fast closings - 06/25/10 04:22 AM
Congrats to Eric Storm in Charlotte NC and Rock Hill SC. Eric just closed a full 203k loan in 24 days... good job Eric. Anyone in the Carolinas that is doing or wanting to do a 203k cant do better than Eric Storm. Eric and I have been doing 203 loans for about two years now and he is very well organized, has an in-house team, has us of course for the consulting end of things and is a real life "mover and shaker" who gets things done. With our newest office open now in Columbia SC we can cover the … (0 comments)

203k consultant charlotte: Contractors and the FHA 203k - 10/28/09 11:57 PM
Contractors and the FHA 203kLearn how to get more FHA 203k work with this blog post
Contractors who are involved with the 203k will be relieved to know tht the slow pay from our best lenders is coming under control. I'm happy to report that while the sudden burst of 203k business put everyone behind the eight ball with regards to paying out draws it seems to be coming under control. I know they all have been working to ease the situation but hang in there I'm already seeing a marked improvement.
The major lenders in this program have made recent changes in … (1 comments)

203k consultant charlotte: 203k loan Charlotte NC to Rock Hill SC - 05/14/09 09:22 AM
Eric Storm, your new site is looking good. How did you get to the top of your search listings right out of the box. That is amazing. Good job. I searched 203k loan charlotte and there you were... Good job. Nice site as well. You are one of the most knowledgeable lenders on the 203k in the Charlotte area. Keep up the good work and let us know if we can assit you in any way. M

 
Eric has been located in Rock Hill SC and Charlotte NC for years and has quite a following. 
In addition to knowing … (0 comments)

203k consultant charlotte: 203k Spread the Wealth from Charlotte to San Francisco - 03/24/09 11:21 AM
The concept behind the 203k originally was to "Spread the Wealth" therefore you can't be the appraiser and the consultant, contractor, or the lender, etc.
Taking that a step farther when you put a 203k project together and are putting the work out to bid... make every attempt to use contractors who are in the neighborhood where the home is or hire from that neighborhood. An investment in a home is a big investment. If you want the neighborhood to thrive you must "support it" by shopping locally for your needs so the money 'turns over' at least three times in that neighborhood.
When … (0 comments)

 
Mike Young, FHA 203k Consultant 916-758-1809 cell direct (203kOnLine.com, covering the USA)

Mike Young

FHA 203k Consultant 916-758-1809 cell direct

Hickory, NC

More about me…

203kOnLine.com, covering the USA

Address: Wherever you need us to be, Fairfield, CA office, Las Vegas, NV, 89122

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