6 Assumptions That Fail the FHA 203(k) Remodel

MS Consultant Gary Smith Remodeling Advice

It’s not wise to take on any project without doing a little homework. With respect to the 203(k) talk it up, ask for recommendations and begin to gather an experienced “team” of professionals. You’ll be the team’s coach.

Lead Based Paint

Lead Paint Warning

If it’s red – there’s lead! We tested this window last week. Are you buying an older home (prior to 1978)? Your real estate agent will ask you to sign a lead paint disclosure statement (An EPA-approved information pamphlet on identifying and controlling lead-based paint hazards) encouraging you to consider having your home tested for lead based paint.

5 Most Important Elements of the FHA 203(k) Bid (video)

Gary Smith - Home Inspector - Picture of House on Money

Would you order a pizza without naming the toppings? Would you plan a trip without a road map (or at least an iPhone with a mapping feature)? Would you remodel your home and allow the contractor to make choose the design? If

3 Land Mines to Avoid When Moving a House Using an FHA 203(k)

Moving a house to vacant land. An older home is being either torn down or moved. Your client has chosen to purchase the house and have it moved. She wants to finance the deal with an FHA 203(k) Mortgage. The borrower owns

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