montclair: Found a home in SF - worst house on block of very nice homes - 02/23/14 11:24 PM
I love to find the worst house on the block when the block is bringing in sales prices fixed up at twice the value. I may buy this one myself.
Contractor's special they quite often say but with the FHA 203k and the FNMA HomeStyle Renovation loans it is buyer's dream home too. Yes it needs work but that is exactly what we do.
Problem 1 is that these loans only go to $625,500 at this time, in Hawaii they go to $771,000 but this one is in San Francisco. If the value is $1,500,000 after improved why would you want such … (0 comments)

montclair: Can you use an FHA loan in the Oakland Hills? - 11/29/12 12:49 AM
How about YES?
Oakland Hills or not, the FHA loan guarantee program can be used in nearly every neighborhood. If you aren't using it you may be missing an opportunity. This project was a fun project for all of us. No updating for a long time, we added a finished attic to gain some additional living area, updated the kitchen and bathrooms, which seemed to be the original bathrooms and kitchen.



montclair: FHA 203k loan and automatic gas shutoff valves in Oakland - 09/22/12 02:18 PM
FHA 203k loan and Automatic gas shut off valves in Oakland or in all of Alameda CountyI'm trying to figure out who requires automatic gas shutoff valves. these valves were intended to shut off gas to the residence in the case of a major earthquake. 
Alameda and Contra Costa counties require them on every house being sold in their counties. We just had one installed as part of a 203K loan in Oakland, California and as I arrived to do my inspection the city building inspector was leaving. We had a chat and he informed me that the city of Oakland would … (3 comments)

Mike Young, FHA 203k Consultant 916-758-1809 (, covering the USA) Rainmaker large

Mike Young

FHA 203k Consultant 916-758-1809

Las Vegas, NV

More about me…, covering the USA

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