First and foremost, clear communication is paramount. If you know what you want the contractor to do for you and can clearly relate that need, your contractor is less likely to misunderstand those instructions. Cost overruns almost always start with poor communication. Step #1 starts with You! Write it down.
Happy Leap Day! It only happens once every 4 years – how will you take advantage of the extra day? We’re looking at all the ways we can share a little more information with home buyers today, because we’re seeing all kinds of good news on the housing market. Low prices, low interest rates and […]
This past week, I had three conversations with Realtors who had buyers who were looking at foreclosed or short-sale homes. They were considering using the FHA 203K program. All three Realtors wanted a bid so they would know how much to offer on the house. Many Realtors think this is where the 203K process starts. […]
Home flippers buy dilapidated houses, fix them up, then sell them again as quickly as possible with the intention of making a tidy profit. Flipped houses look shiny and new inside, but what’s going on underneath all the new drywall, carpet, and paint? Very few home buyers seem to trust flippers, and with the cheesy […]
Smart first time home buyers use a mortgage program that finances a professional to do all the work so they can enjoy the new home rather than wallowing in the weekend work. So what does the smart, brave buyer use? It’s called the FHA 203k. This mortgage option allows you to buy a home in […]
Ah the American dream. The hope that some saved investment money will yield more for you when your dreams become reality. You’ve spent hours watching the so called “Flip shows” on the DIY network and your burning desire is to be the next great guru of homes. The paint! The pretty fixtures! Everyone else is […]
Instead of making your first mortgage experience a frustrating one, turn it back into a great time full of dreams and possibilities. You can do this with home improvement loans like the FHA 203k and HomePath Renovation. These options can help you turn a fixer-upper into a diamond in the rough, eventually getting your dream […]
The FHA 203k can help finance required repairs as well as desired improvements whether you’re buying a house or you’re willing to refinance to pay for the work you want done. This home improvement loan option is great for first time home buyers, step-up buyers, refinancing homeowners and almost any other real estate category.