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203k advantage

Attention to all realtors and agents... if your listing has need of any repairs no matter how little, I'd like to see you put in the listing that this is a 203k candidate, or contractor/handyman special. Something to identify that work is needed. There is no minimum for a 203k streamline so if all you need is carpet and paint you are good to go. The great thing is that nearly every foreclosure needs work and the upper limit of rehab is the loan limit must not exceed the FHA maximum loan limit for the property and rehab... If it does exceed just a little call me and I'll give you some ideas of how to get it to close for more than the maximum mortgage limits... yes you can.

Posted Friday May 08