Tag Archives: 203k Orange County

HUD Offers REO Homes for $100 Down in Select States

In select states, from now into October of next year, buyers need a down payment of only $100 to purchase a HUD-owned REO home.

The buyer must be an owner-occupant, utilizing financing insured by the Federal Housing Administration (FHA). Standard FHA underwriting guidelines apply, and the sale must be for the full amount of the current list price. 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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Build Instant Equity; The Secret Loan Program

5 Secret Ways To Add Value To Your Home. Adding value to your home to build equity isn’t really a secret. The problem is that so many people don’t have the equity right now to finance home improvements which then add … Continue reading

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Over Come Buyer Objections with the 203k Renovation Loan

The 203k Renovation mortgage is the BUT LOAN! It takes care of all seller objections with the house, becasue all renovation, ugly repairs, smelly carpet, roof leaks, room additon, kitchen remodel of their dreams can rolled into one mortgage.

Ask your clients this, “If I could take care of the ( fill in the objection ), would you like to make an offer today?” Continue reading

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203k: The Secret to 1970′s Kitchens

Buying a home in “as-is” condition to many home buyers is scary thing.  Many people want homes in move in ready condition to make things simple.  But what if you find a great deal on an As-Is property?  Maybe there’s … 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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