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 [...]
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 [...]
Academy Mortgage Corporation presents a FHA 203K Seminar on November 3, 2011 from 8:30am to 11:30am. The seminar will be held at the Greater Baltimore Board of Realtors: 1306 Bellona Ave; Lutherville, MD 21093. Mike Wilcox, Academy National Renovation Sales Manager, will be speaking about “the myths and truths of the 203K loan and how [...]
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 [...]
FHA mortgage, First Time Home Buyers and Foreclosures? The 3 Fs of the real estate market of the St. Louis and St. Charles Missouri area. If it wasn’t for First Time Home Buyers, FHA mortgages, and Foreclosures there would barely be a real estate market in the St. Charles and St. Louis area. The FHA [...]
Maryland 203K loans offer a great vehicle for your agent’s to get rid of their excess inventory of REO and foreclosed properties. Many realtors shy away from Maryland 203Ks since it is difficult to establish up front what the exact cost will be to the prospective buyer, or simply because they don’t know how the [...]
Five Facts about the 203k Program Looking to Buy a ‘Fixer-Upper’? The 203k Program Can Help Make It Happen Today’s real estate market presents a lot of opportunity for interested home buyers—with the growing supply of foreclosure properties and short sales, there are certainly some great deals to be had. The problem in buying a [...]
I get more questions from contractors and homeowners about how the 203K draw process works then I do about any other aspect of FHA 203K Financing. While the information I am about to tell you may vary some from lender to lender it is all basically the same. One exception being a certain large bank with “America” in its title.
*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
