Fred Sweezer Sr.'s (sweezer) Blog

www.california203kconsultant.com This valuable program from its inception has done much to proliferate the 203K by affording a less restrictive process enabling lenders to fast-track the loan itself. Additionally, it's helping borrowers, requiring minimal repairs or renovations, to purchase homes...

 About the Section 203(k) Loan Program If you want to buy a home that needs repair or finance needed repairs to your current home, the Section 203(k) loan program by the U.S. Department of Housing and Urban Development (HUD) may be a good option for you. This program allows you to finance the pur...

What is the role of a HUD Consultant in a FHA 203K Loan?There are basically two types of FHA insured 203K loans. While both loan types can be used for either a purchase or a refinance, they differ in a few key areas. For the financing of renovation work that exceeds $35,000, or if there are any s...

Two common loans to consider in financing your ADU. Cash-out refinance loans usually allows up to 80% of your equity. Funds are released directly to you to build your ADU. When equity is insufficient, renovation loans offer a larger construction budget as the loan amount is based on the future va...

General Chimney RequirementsAll chimneys are required to meet a minimum standard for height above the roof coverings. The basic rule for this is: a minimum of 3 feet high, as well as 2 feet higher than any roof within 10 feet horizontally.  As you can see other defects are at issue in this photo ...

There has not been a recall by the consumer product safety commission reason being is that the company involved have filed bankruptcy and they are the ones that need to fix the problem if they was still manufacturing the product, the national electrical code have changed many times since this com...

 History of knob and tube wiring Knob and tube wiring was the go-to method for electricians in the United States from the 1880s to the late 1930s. Many pros continued to use this method through the 1950s, '60s and even '70s for new home construction. Many homeowners looking to purchase a home wil...

The guest home maybe there, and refered to as a rumbus room with only a sink and toilet behind a two car garage. But the key question " is it legal?" this is the most important question to the buyer because this question is a deciding purchase decision of being respondsible getting the approriate...

This crawl space inspection indications some serious issues. My written report shows with photos and documented results and experience of a certified home Inspector. This inspection shows electrical and structural issues. Crawlspaces are host to a large number of conditions that may harm the hous...

Figure 1 before a 203k consultant was involvedMost 203(k) consultants are presented like a football team’s offensive coordinator – a point guard that runs plays on a basketball court and a star infielder – all in one the point is working as a team!. Seem like an exaggeration? When it comes to 203...