Posts By Jonathan Blackwell(203K Expert)
Location
Atlanta, Georgia
Phone: 404-551-3845
Posts
Real Estate 2012 – Best Investment Available? Just how primed is the 2012 real estate market? In my opinion this market presents one of the best opportunities of our lifetime. Let me rephrase, one of the best opportunities of our lifetime IF approached correctly. Real Estate investors have a market in place that can provide [...]
USDA Streamline Refinance Pilot USDA just announced a new USDA streamline refinance pilot program expected to help LOTS of homeowners across Alabama, Georgia, Florida, Tennessee, South Carolina and 14 other states. No income, no appraisal, no assets, no NOTHING! – That is the new USDA Streamline Refinance program. So, how does the new rural housing refinance program work [...]
President’s Obama’s revamped Home Affordable Refinance Program (HARP) is expected to help thousands of Metro Atlanta homeowners take advantage of today’s low interest rates and SAVE.
FHA 203K loans are versatile & perfect for our foreclosure driven market. CURRENT condition of the property is NOT a concern. All the property issues that plague traditional FHA Mortgage Loans CAN & WILL be addressed in the post-close RENOVATION of the property.
All in all FHA 203K loans are not that much more difficult from the Realtor’s side. This is especially the case if you have chosen an experienced RENOVATION SPECIALIST to work with. Writing the purchase offer is the first step to a successful transaction.
10 Ways Renovation Loans Create HUGE Value The rates are too high. They take too much time. My Realtor says that product sucks. No, No and No. FHA 203K along with it’s conventional renovation cousins; Fannie Mae HomePath and HomeStyle are leading a renaissance in today’s mortgage and real estate market. Buyers (and the smart [...]
The HomeSTYLE and the HomePATH Renovation are both Fannie Mae offerings. The HomePATH is available ONLY on Fannie Mae owned foreclosures while the HomeSTYLE is NOT property specific.
HomePath Renovation Mortgage allows a borrower to purchase a property that requires light to moderate renovation. The one loan amount includes both the funds for the purchase and renovation – up to 35% of the as completed value, no more than $35,000. Cosmetic repair ONLY. Great loan for owner occupants and INVESTORS!
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