All Posts in new construction
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 [...]
How come more people don’t use FHA 203k loans?
February 14, 2012
Knowledge & Experience Needed! How come more Realtors and customers don’t use FHA 203k loans? It’s a great question! The answer really lies in the fact that most lenders (in house mortgage companies for the Realtors) don’t do the FHA 203k loan, or just don’t do it well. Secondly, Realtors have fear about the FHA 203k loan because [...]
FHA 203k Certificate of Occupancy Questions
February 23, 2011
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