Andrus Island, CA Real Estate News

By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Can I build a barn with the FHA 203k loan?Sometimes it isn't what you say, it is how you say it. In fact allot of times it isn't so much what you say it is how you say it.Building a barn would be considered a luxury item by most underwriters and we all know that luxury items are NOT allowed under the FHA 203k program. But let's analyze this. What is allowed is a garage. Even  a large garage. Can you write up your new "garage" so it can suffice as a barn?The issue that is really at hand is do you already have a garage? You can build a detached garage, if it had a larger center section for your RV and a smaller car garage on each side for a 3-car garage, why couldn't you make it look like a barn? We did. We lucked out and there wasn't a garage on this horse property. It turned out well. A...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
What do I get for the 203k consultant Fee?We get asked this all the time. What exactly am I paying for when I pay that $800+ fee in many cases?The consultant should be providing a written property inspection report that "is not a home inspection" as part of their consultant fee. IF THEY ASK YOU IF YOU WANT A HOME INSPECTION AND YOU SAY "YES" YOU WILL BE CHARGED ADDITIONALLY FOR A FULL OR STANDARD HOME INSPECTION. If you say "no" just give me the inspection that comes with the consultation you should not be charged for a home inspection. If you get charged for a home inspection it should take allot longer and the resulting report is typically much more extensive. Possibly up to 50 + pages with photos.This photo has absolutely noting to do with this post... just thought it might catch you...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Sunday's from 1-2 pm PST Join us in the conversation.https://my203kteamkingcountywa.com/203k-radio-show  All about Renovation, remodeling, and updating your property Renovation loans are all about proving you with the financing to purchase or refinance your first loan and then including the money for the renovations all in one low interest loan. We even have programs for Manufactured Homes. Be part of the show  In any case if you would like to be part of the show CALL 888-627-6008 toll free and ask your renovation question  Consultant - A misunderstood but crucial part of your renovation team Got a call from a long-time client. They were asking if I had a list of contractors in the area of their new home. I asked why and they informed me that they had been having trouble getting a contr...
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By Chris Freck, EstaR Mortgage, A Bilingual Brokerage
(EstaR Mortgage)
VA Mortgage Loans in Andrus Island CA and 100% VA Loans -the best loan program in the country! VA Mortgage Loans are one of the best mortgage loan programs available today for both honorably discharged Vets and active duty military personnel. Here are some of the great features of this fantastic program: - Up to 100% financing, with no down required. - No monthly mortgage insurance added to your payment. - More lenient credit qualifying standards than other types of mortgage loans. - Low rates compared to other loan programs. So how do you qualify for a VA Mortgage Loan in Andrus Island CA? The first step is to verify your eligibility. Eligibility is verified by ordering your Certificate of Eligibility or COE. You can work with an approved Windsor  CA VA mortgage loan lender to order y...
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By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
The 203k is an excellent option for getting handicap access to a home. Ramps, wider doors, improving access to showers, etc... all these repairs can be added to your 203k scope of work. If your client is looking for a home and finds it but it needs work for accessibility... the 203k is an option for you. Appraiser should remember that you can't add or remove value for handicapped access.     Downtown
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