All Posts in fha 203k mortgage
FHA 203K Mortgages and First Time Home Buyers
March 22, 2012
It’s important for the first time home buyer to know what the expenses are when they are buying a home. Many first time buyers get stuck on what the down payment and closing costs are, but they don’t look beyond that. They need to consider what they may need in addition to those items. The [...]
Understanding the Specification of Repairs (SOR)
February 19, 2012
FHA 203k Work Writeup – Specification of Repairs (SOR) It is imperative for the customer, Realtor and general contractor to understand the importance of the Specification of Repairs. Unlike the bid itself from the contractor, this document is attached to the appraisal report and presented to the appraiser to assist in determining the value and future [...]
Have you seen the show “Property Brothers” on HGTV?
January 3, 2012
I got really excited one day when this new show came out called the “Property Brothers.” I swear when I watch the show I think that I may actually be related to these guys in one-way or another. I believe I might be the third brother- the one that nobody knows about- the one that [...]
NJ FHA 203k Success Story – Yep we did it again!
June 21, 2011
It’s starting to sound like a bad Britney Spears song (sorry to all you Britney fans out there) but … Ooops…We Did It Again! We took a wonderful NJ couple and showed them the power of the FHA 203k mortgage program. We showed the customer once again that by using this mortgage program that you [...]
FHA 203k Mortgages and Underwater Properties – Is There Hope?
June 8, 2011
One of the best parts of FHA 203k mortgages is that overnight your property can “Poof” have equity! Who would have thought that was possible in this real estate environment – not most people, so let me explain in detail how this works. Current Home Specs and Estimated Value You own a home that is [...]
FHA 203k Mortgage-The Quarterback (QB)- Part 1
May 22, 2011
Peyton Manning? Are you serious? Yep – I am. I am personally a Philadelphia Eagles fan, but for the purposes of this blog and what I am going to be showing you during my next few blogs I need you to understand my point. Peyton Manning is the true general on the football field. There [...]
FHA 203k Certificate of Occupancy Questions
February 23, 2011






