Mold has become an ever present nuisance in vacant homes. Due to the expected rise in bank-owned or foreclosed properties, it is essential that everyone involved in a 203K transaction understands the need for an expert. Mold is difficult to completely remove and it’s removal should only be left to the experts. Not only will most investor’s require [...]
If you are listing a home in Texas that isn’t quite move-in ready there is no reason to lose hope. In fact, you might be at a unique advantage simple because now you have the ability to offer a potential buyer a chance to customize/upgrade the house to their liking and finance all of the construction. How you ask? The answer is the FHA 203k renovation loan!
It’s hard to find a home in Texas not in need of foundation repair. Maybe you are shopping for a new home and it’s the perfect home but the foundation is questionable. Or maybe you currently own a home with foundation issues. Don’t let this problem come between you and your perfect home. The solution [...]
203K home loans in Maryland are not as complicated as one might think. They can provide many advantages for the home buyer as shown below: There are home buyers who… Are interested in purchasing a property that needs repairs Are existing homeowners who need funds to rehabilitate their property Want to save time and money by financing the [...]
Here are a few quick bullets that outline the guidelines for the different types Maryland 203k FHA mortgages. For more information about a Maryland FHA Mortgage, Loan Limits, or FHA guidelines, please feel free to contact me directly. Bill Sohan 410-963-2308 bill.sohan@academy.cc www.yourbaltimorelender.com —————————————– FHA 203K REHAB – Maryland —————————————– This loan allows a [...]
An FHA 203k loan is an awesome program if you are planning to purchase a Maryland foreclosure that needs a some rehab work. Even though there are some great deals on Maryland foreclosures, many people are hesitant to explore that option due to the amount of repairs and initial investment involved with purchasing a bank [...]
Why does everyone say that 203K loans never close? While it is true that 203K loans take longer and require a bit more work, they can and do close every day in Maryland. It is essential that all parties involved understand the 203K process and have experience working with this product. Your agent should advise [...]
The Buzzz presents 203K financing with Energy Efficient Possibilities. Here we look at renovating a home using FHA 203K rehabilitation financing. Kate McCaffrey of McCaffrey Custom Construction and Bayside Real Estate in Alameda Ca discusses energy efficient ideas that could possibly be financed with your mortgage using the FHA 203K loan. 5 Areas of [...]
Academy Mortgage and Lowe’s are coming together to create a partnership in Maryland. This effort is called REbuild USA. This program will help many of you across Maryland bring your homeownership dream to life as well. We all know that Maryland was recently hit by a perfect storm of negative conditions that created economic challenges not [...]
Clearly this article is much longer than usual but the content is important… Today I am floored. All the gains of the real estate market we saw from the Bush administration are officially gone. Lately, in The Werdmuller Group’s local market, Alameda, with somewhat of an emphasis on Harbor Bay Isle/ Bay Farm Island, I [...]
*This is not an offer to lend. 
Obama Refinance Plan For San Jose Homeowners AnnouncedHome Affordable Refinance Program Update Harp 2 Bay Area San Francisco California March 2012 Guidelines for Purchasing a 3 to 4 Unit Property with FHA Financing in Alameda, CA8 Year Fixed to 30 Year Fixed. You Can Choose Your Loan Term In San Jose
