All about Renovation, remodeling, and updating your property Renovation loans are all about proving you with the financing to purchase or refinance your first loan and then including the money for the renovations all in one low interest loan. We even have programs for Manufactured Homes. Be part of the show In any case if you would like to be part of the show CALL 888-627-6008 toll free and ask your renovation question Consultant - A misunderstood but crucial part of your renovation team Got a call from a long-time client. … (0 comments)
203k sacramento: Think out of the box, think FHA 203k loans
- 11/30/19 12:07 PM
Think out of the box, think 203k loans You can create inventory when your MLS says there is none. How? Simply find a home in the right neighborhood that is close in most respects then make a list of the changes that are needed to make it their dream home. That list becomes the scope of work or at least the beginning of the scope of work. Once that work is completed this home will meet their every need and desire. You say, they just need a swimming pool, then use the HomeStyle® Renovation Mortgage and install a swimming pool, nice patio with fancy … (2 comments)
203k sacramento: Typical or common FHA 203k projects might look like these
- 03/02/14 09:08 AM
What does a typical 203k project look like? Here are a few that we saw in the past year... SFR south of San Jose. Needed a new roof, heating system was well beyond it's useful life. Vegitation growing all over the home... clinging vines, dated kitchen and bathrooms. Seller ignored repairs for years thus a lower than typical sales price would be in order. Duplex northease of Davis. Lack of typical maintenace over a long period of time caused damage to wood members that might have been avoided with normal owner preventive mainteance. Seller should eat the loss here as this … (2 comments)
203k sacramento: 203ks from Sacramento to Vallejo
- 03/11/11 01:47 AM
Friday - Long day scheduled today starting off at 8 am in Carmichael with a full 203k consultation on a rather large property. This one I understand is an older home being renovated and doubled in size at the same time, of course. The FHA 203k is perfect to make room additions and clean up the old. - this turned out to be a wonderful project, very knowledgeable borrower regarding the construction, well prepared. We found some asbestos wrapped ductwork.. not allot but it is always a concern to borrowers. Then we have a possible second one in Sacto, still up … (3 comments)
203k sacramento: Why would a 203k loan be better than just paying cash and then getting a construction loan Columbia SC? Concord CA
- 10/22/10 11:23 AM
That is a no-brainer. There are many loans out there that can help you get a fixer both for owner occupants and for investors. We will look at a few for you, not only the FHA 203k loan program. I think I’ll do this in a three or four part article. Part 1) Let’s look first at investor options. You have the opportunity to purchase a fixer, a property that needs repairs thinking you are going to fix it up and make a little money on the side. You likely have another job and this is a part-time effort. BEWARE! You … (0 comments)
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