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6 Assumptions That Fail the FHA 203(k) Remodel

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.

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Lead Based Paint

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 […]

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12 Topics of Conversation BEFORE Saying “You’re Hired”!

Whether you can whip up a bouillabaisse with your eyes closed or have enough take-out menus to paper the living room, at some point, you’ll have to face the sink. Take this kitchen quiz. GO HERE        

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203(k) Loan Roles and Responsibility Chart

There are many players on the 203(k) Team. Browse the chart below and see what task each member is responsible for. Note that the two main team members (ones with the most responsibility) are the Lender and the Client (they have the most X marks in each type loan). Also note that the Consultant’s role […]

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

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 you’re considering working with the FHA 203(k) Loan there are 5 important elements […]

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