FHA 203k in the snow?
By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Many areas of the country get a bit of snow and the homes located in those areas need the FHA 203k too. I must have driven by this one house 200 times on my way to other projects over a period of a few years and watched this home in need of repair every time I went by. It stood out like a sore thumb. My wife would always point it out as we drove by saying "there is a 203k" then one day she asked "why doesn't anyone fix it up?" There are many people that dont' understand renovation loans and if they do there is another group of Realtors that say irresponsible things like "stay away from the 203k as they take forever to close the loan". These types comments are irresponsible and mostly come from someone who doesn't really know, they may have heard someone in their office say that so they...