Tag Archives: 203k

Low Rates, Rising Pessimissm

Posted on September 11, 2011 by admin

By: Diana Olick CNBC Real Estate Reporter “The numbers don’t add up. Mortgage giant Freddie Mac reports the rate on the 30-year fixed hit a new record low of 4.12%, at the exact moment that cohort Fannie Mae released its … Continue reading →

Posted in Home Buying, Real Estate News | Tagged , , , , , , , , , , , , | Leave a comment

What is a Homepath Renovation Mortgage??

Posted on September 7, 2011 by admin

With the number of REO properties increasing, I’m being asked more often about HomePath financing.  HomePath financing is available for Fannie Mae REO’s with the HomePath logo found on HomePath.com.  There are approximately 300 properties in Sacramento today that are … Continue reading →

Posted in 203k Rehab Loan, HomePath Mortgage | Tagged , , , , , , , , , | 1 Comment

Use the 203K Loan for a Refinance??

Posted on September 3, 2011 by admin

It’s no secret.  Interest rates are excellent right now. They are hovering near all time historical lows. Homeowners all across the nation are cashing in on this opportunity and lowering their monthly payment, fixing their adjustable rate mortgage or consolidating … Continue reading →

Posted in 203k Rehab Loan, Home Improvments | Tagged , , , , , , , | 1 Comment

Use 203k Loan to Update Before You Move In

Posted on September 2, 2011 by admin

This home in Winchester, CA needs some minor repairs to be move in ready. But some simple fixes can also be expensive. Use a 203k renovation loan to fix up your new home with no money out of pocket. By … Continue reading →

Posted in 203k Rehab Loan | Tagged , , , , , , , , , | Leave a comment

HUD Good Neighbor Next Door and 203k Programs

Posted on August 24, 2011 by admin

How can you buy a house for half price, remodel it any way you want and move in with equity in your pocket? The answer is by using HUD’s Good Neighbor Program and combining it with their 203k Renovation Loan … Continue reading →

Posted in 203k Rehab Loan, Home Buying | Tagged , , , , , , , , , | 2 Comments

What is The FHA 203k and What’s In It For ME?

Posted on August 12, 2011 by admin

When it comes to real estate today, there’s a program that covers home buyers and homeowners alike. Whether it’s repairs or renovations on a purchase, or upgrades, improvements or redecorating the home you own, many projects can be financed through an FHA 203k mortgage loan. Continue reading →

Posted in 203k Rehab Loan, Construction & Remodeling, Home Buying | Tagged , , , , , , , , , , | Leave a comment

Home Sale Up in June

Posted on August 5, 2011 by admin

Despite all the recent news we have been hearing about a nationwide real estate slowdown, the February 2011 census reports that 67% of all Americans own their homes – a number only 2% lower than that of the height of … Continue reading →

Posted in 203k Rehab Loan, Home Buying | Tagged , , , , , , | Leave a comment

203k Mortgage Can Fix Problems Left by Previous Owners

Posted on July 19, 2011 by admin

Here is a video I made awhile ago, but is illustrates a few of the problems that buyers may encounter when buying a foreclosed home. The previous owners used this house as a band rehearsal studio! The 203k loan is … Continue reading →

Posted in 203k Rehab Loan | Tagged , , , , , , , , | Leave a comment

A Warning About HUD 203k Mortgages

Posted on July 15, 2011 by admin

Not the most stimulating headline, I admit, but it’s a topic that deserves some discussion. Now let’s be honest: who out there even knows what a HUD 203k Mortgage is? Who’s first instinct was that it is a strange program … Continue reading →

Posted in 203k Rehab Loan, Real Estate News | Tagged , , , , , , , , , , | Leave a comment

How To Choose a 203k Contractor

Posted on July 5, 2011 by admin

This video contains helpful tips for choosing the right 203k Contractor for your project. Continue reading →

Posted in 203k Rehab Loan, Construction & Remodeling | Tagged , , , , , , , , , , , , , , | Leave a comment