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‘Rehab’ Loans to the Rescue

In the end it was another loan that came to the Mercados’ rescue: the Federal Housing Administration’s 203(k), also known as the F.H.A. rehab loan, which is designed to cover not only buying the home but also renovating it, and is then paid back like a regular mortgage. A hybrid that has been around for […]

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Gary Smith - SafeHome Inspections

Top 3 Things to Consider When Hiring a Contractor

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.

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Successfully Selling a Rehab

The challenges sales agents face continue to plague the market. With the high number of foreclosures on the rise many sales agencies are realizing the benefits of FHA 203K Rehab loan. But how do you sell it? What sets this loan program apart from a standard sale? There are pros and cons to every market […]

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Whittington Home

A Perspective on the Standard Sale vs the 203K Rehab Sale

I see firsthand the potential savings that lie just below the surface of the FHA 203K Loan program. The value appreciation and subsequent positive karma derived from wise investing creates joy in those who benefit, and the money isn’t bad either. As a 203K consultant I’m constantly

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Kitchen and Bathroom Faucet Repair

During your 203K Rehab we’ll help you determine the most cost effective method for repair or replacing kitchen and bathroom plumbing fixtures. For instance, if your sink is a four hole and the new faucet you’ve fallen in love with is a single lever don’t fret. We’ve got an answer. Watch this handy video from […]

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