Mike's 203k Blog

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Home Inspector - 203kOnLine.com, covering the USA - S0289
203k loans, the hottest renovation loan product on the market. Offering quick closings on homes that require repairs.
RECENT BLOG POSTS
HOME LOANS - Renovation home loans Whether you're buying or refinancing, the mortgage expert at  EverBank will help you find a loan that meets your needs—and avoid any bumps in the road. These guys are a direct lender with processing, underwriting and funding all under one roof, they keep things ...
04/19/2015
The "little yellow house" in Orinda CA - a 203k renovation project Hello Friends (from James), I am pleased to announce that we will be hosting an educational, nonprofit, fundraising event in the large auditorium of the Orinda Movie Theater on March 19th, 2015. The event will begin with an introd...
03/09/2015
Award winning 203k Software for consultants and lendersWe received an interesting call the other day from a competitor who was trying to sell their software to one of my staff consultants. We learned all kinds of stuff about our software and what it couldn't do. We had to laugh because in every i...
03/09/2015
This one gets me all the time. You forgot the case number, here it is please insert it on each page of the report. I'm surprised you forgot it with as many of these as you have done.LMAO, the case number is ordered after our report is completed and turned in. It is ordered when the order the appr...
03/06/2015
What is your consultation fee?That is nearly always a question that gets asked. Well, it is on our order form to make it easy for you to fill out your GFE - Good Faith Estimate of fees and charges. We have attempted to make it so easy and efficient. If you are a lender placing the order and you h...
03/05/2015
Sure we can. In fact this week we added another four or five.. All of them went something like this -  I get a call and they ask to be on our list, I tell them to send me an email with all of their contact information and they all must hear something I didn't say as they ALL sent  Name Company na...
03/05/2015
Buying a home with the FHA 203k in Fort Pierce FL or anywhere else for that matter can be smooth or a nightmare. It is mostly attitude. The attitude of the borrower. Nightmares typically happen when they try to do it themselves. I'm referring to the buyer again. The buyer wants to cut the cost to...
03/01/2015
 I had just arrived at a 203k project in San Juan Bautista, CA when I noticed these chickens walking down the sidewalk toward the intersection. Then the rooster stopped and the hens stopped behind him, he seemed to look both ways and turn to cross the street in the crosswalk. Unbelievable.       ...
02/23/2015
How do I choose a consultant for my 203k project? Believe it or not, it astounds me to see the criteria people use to make that choice. #1. The lender is responsible for choosing the consultant. Even though we work for the borrower it is the lender's responsibility to choose the consultant.  #2. ...
02/18/2015
We were completing a 203k project a while back and the contingency reserve hadn't been used at all. The contractor stayed on budget... that is a first, just kidding.  The home owner called me and said the contractor had agreed to paing the entire exterior of the home for the money left in the con...
02/17/2015
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Mike Young

FHA 203k Consultant 828-469-7462
local_phone916.758.1809
smartphone916.758.1809
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