All Posts in fha 203k

For The 9th Straight Month, Foreclosure Filings Fall

July 20, 2011

For the 9th straight month last month, foreclosure activity slowed. According to tracking firm RealtyTrac, the number of  filings dropped 29 percent nationwide on an annual basis in June. The phrase “foreclosure filing” is a catch-all term, comprising default notices, scheduled auctions, and bank repossessions. June marked the ninth consecutive month of sub-300,000 filings after 20 months [...]

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 [...]

What repairs are eligible to be completed with a FHA 203K Loan?

June 20, 2011

If you are either looking to purchase a home or possible rehab your existing home, it is important to know the repairs you can do with an FHA 203k loan. It is not breaking news to hear that the market is flooded with homes that need work. The difficulty that potential home buyers are having [...]

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 [...]