Tag Archives: 203k contractor

Renovation Make Over, Features of the FHA 203k Streamline Loan

The FHA 203k Streamline program has gained popularity recently because of the amount of foreclosed homes that are being purchased are in need of repair.  The FHA 203k streamline program can be utilized both as a FHA refinancing option as … Continue reading

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Trulia says more foreclosures coming. Do you know how to sell a 203K home?

Real estate research and marketing firm Trulia said employment figures improved slightly at the end of 2011, making it possible for more borrowers to pay their mortgages next year.  While Trulia says this trend could reduce 2012 delinquencies, the company … Continue reading

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Las Vegas No Longer Top Foreclosure City, Hello Stockton Calif.

Las Vegas is no longer the top foreclosure city in the country. A new Nevada law that went into effect in October caused many mortgage servicers to pause the foreclosure process, knocking Vegas off the spot it held for 22 … Continue reading

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Foreclosure Timeline Lengthened 140 Days Over Last Year

Mortgages backing homes that were foreclosed on in September had been delinquent for an average of 624 days, according to Lender Processing Services (LPS). That’s up from 484 days in September of last year, just before the processing issues surfaced. … Continue reading

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FHA 203k – The Problem With “Self Help”

This article was written by my friend Jonathan Blackwell. He is an expert 203k renovation lender. Call him, Georgia – 404-551-3845 As a 203k renovation contractor, I recently had a very, very, very bad experience with a home owner who … Continue reading

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203k – Fact or Fiction?

By Deborah Garvin; I have a lot of posts about the 203k loan and continue to believe it is the most under used, misunderstood, and absolutely the most creative finance product available in today’s real estate market. Really, what other … Continue reading

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Realtors: Are You Shooting Video? You Should Be…

If you are a realtor, lender, contractor or consultant and you are not using video as part of your marketing, You are really missing the boat. We’re an ocular centric culture – meaning we have to “see it to believe it.” Video is the next best thing to being in a room with someone because we share so much more than we can write. Our writing may be more articulate, but it isn’t as real as watching someone’s body language.

Your audience can connect with you on a whole new level when you utilize video. They can see the energy behind your message. The true power behind video is this ability to establish a report much faster – and it doesn’t matter how Continue reading

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What is a 203k Feasibility Analysis

A feasibility analysis has a specific use… simply put, it is used to quickly determine  how much it will cost to renovate, repair or remodel the  property you are considering buying. It is also used approximate the FHA Minimum Property … Continue reading

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Buy Low and Renovate! Mortgages Can Pay For Home Renovation

Two little-known home renovation mortgage programs offer solutions for buyers and homeowners who want to renovate. Fannie Mae and the Federal Housing Administration have home renovation mortgage programs that allow buyers to borrow based on what the house is expected … Continue reading

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Can I Use The 203k Renovation Loan to Buy a Condo?

The simple answer is YES, but there are a few simple guidelines you need to follow. Section 203(k) home rehab mortgages may be used for individual units in condominium (condo) projects that have been approved by FHA, the Department of … Continue reading

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