Renovation loans and San Jose, CA just seem to go together well

By
Home Inspector with 203kOnLine.com, covering the USA S0289

Renovation loans and San Jose, CA just seem to go together well

Our business in the San Jose, CA area has exploded. San Jose is experiencing gentrification in a big way apparently. The FHA 203k and the FNMA's version called HomeStyle® Renovation Mortgage as well as new construction are happening in much greater numbers of late. 

Just got a new one in Carmel Valley, CA, where we had lunch at the Roux, nice place to eat if you are ever in the Village - Carmel Valley. Who would have thought you could do a 203k loan on a house in Carmel Valley.... it's happening.

Back to San Jose. 

I'm not a fan of hardwood in the kitchen but this one came out very nice.

I see more and more people are getting away from the microwave hood in the higher end homes, over $600,000 and going to something else.

They are also going with larger "commercial" type gas ranges. 

 

I know, you want to see it before, I love before and after scenes so here you go.

Kitchen before scene

 

This is the same house when we started. It is hard to believe that someone could live with a kitchen like this one all those years, sell the house and not blink an eye. 

This is what you are looking for however. Most people like to cook with gas ranges over electric ranges. 

So, if you are looking to sell a house and it looks like this, we offer a servcie called a "Feasibility analysis" that gives you a bid amount for the typical work many would do in a case by case basis. That report, left in the house for the prospective buyers get a feel for how much is will cost to do certain things and what things are mandatory. 

Good info and it allows them to make a decision much faster and make that all important purchase offer.

 

 

 

 

 

 

 

Uptown

Posted by

Mike Young, 203k Team Leader    Mike ready for your 203k order

To learn more about the FHA 203k loan program go to www.203kOnLine.comWhat is your fee? 

Got a 203k project giving you "fits" contact www.203k911.com. If you are looking for quality 203k software for consultants to speed up the underwriting process..

Skype name: the203kconsultant

877-207-6565  state your name when asked please, it is dialing me at the same time.

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Comments (2)

Roy Kelley
Retired - Gaithersburg, MD

Thanks for sharing your success.

Have a most productive summer.

Jun 24, 2016 02:12 AM
Dave Halpern
Dave Halpern Real Estate Agent, Inc., Louisville, KY (502) 664-7827 - Louisville, KY
Louisville Short Sale Expert

Many buyers can pick up instant equity by using renovation loans when buying fixer uppers

Aug 25, 2017 05:41 AM