203k - Experience Counts
Like anything else experience counts. I was talking with someone the other day from Sacramento when I had to think back to when we started doing FHA 203k consulting. It all started in 1994 when HUD created 203k consultants. We did about 20-30 that first year just in the Sacramento juristiction. Then year after year we did more than a hundred each year in that area and sometimes as many as 250-300 per year just in the Sacramento area. That is 28 years serving this community.
One of the most interesting onces we did ever was a sale for about $888,000 as I recall. How does this become a 203k you may ask? The maximum loan amount for FHA in Sacramento County was about $450,000 at that time.
What we find out from time to time is that you need to think "out of the box" as the buyer did in this instance. It isn't how much a home costs it is how much you are financing. We are and continue to be your best choice for your FHA 203k consultant needs in the Sacramento Valley.