203k allows you to be creative
By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
203k allows you to be creativeHere are a few of our projects to show you some creative ideas I just love watching as these "sometimes forgotten" homes fulfill someone else's dreams,. Here is another one that the listing just sits there. There seems to be no marketing taking place on this home whatsoever, it is a perfect 203k project and no one sees it's potential.Any Realtor that takes this listing and doesn't take advantage of the 203k program with 3.5% down and include the money for repairs. The sad thing is that these type properties are all over the country and they just sit and deteriorate more This was a single story home and the second story was added with the FHA 203k program. The borrowers refinanced this home and go the additional money for the addition at the s...
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