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Same Day 203k's Blog

By Same Day 203k 309 9722 | Home Inspector in Los Angeles County, CA
  • HUD-FHA 203k Consultant, Honest Reliable 323 309 9722

    Posted Under: Home Buying in Los Angeles Air Force Base, Financing in Los Angeles Air Force Base, Design & Decor in Los Angeles Air Force Base  |  November 21, 2012 1:12 PM  |  360 views  |  No comments

     HUD Approved FHA 203k Consultant,  Reliable Same Day Service    Call Now 323 309-9722

    At Same Day 203k Consulting, we help educate homebuyers we guide them through the FHA 203k Loan Process. Many of our clients are first time homebuyers. We take pride in our work, as trained professionals we are dedicated to our clients, and servicing their needs. We work with most lenders and mortgage companies. We combine the industry’s latest 203K software with years of experience, and expertise. Our goal is to help our clients save time and money, and close their 203k Construction Projects on time and under budget. 
    the 203k consultant that all hud you fill out
    Sameday203kconsulting.com
              

    On The Move!

    Today Wells Fargo does about one-third of the 203K loans written nationally. 

    Bank of America, which reintroduced the 203k loan program in 2009, has  seen interest in the program nearly triple.

    The  biggest challenge, and opportunity, is buyer and Realtor awareness.

    When experience matters, demand the best 203k consulting service in Southern California.


    www.sameday203kconsulting.com

    Short Sale buyers are now taking advantage of  a little-known renovation loan that only requires a 3.5 percent down payment. The FHA renovation mortgage [ 203k & 203k Streamline ] can close in as little as 30 days and allows for $30,000 in renovations to the buyers home. A standard 203k can be much higher!

    The interest rate is 4.25 percent over 30 years. And, once the project is finished, homeowners will have instant equity. That's because, unlike other kinds of loans, the loan amount is based on the home's appraisal after the renovations are finished.

    A 203K loan, is a 30 year FHA-insured Mortgage created strictly for renovations. Borrowers can bundle this loan with the mortgage when they purchase a house. A 203K Loan can also be used  for renovations on a home you already own.

    The Next Big Thing!

    The number of 203k loans granted has nearly tripled in the last five years,  from more than 3,600 in 2007, to nearly 13,000 as of July of this year, according to federal figures.

    203k Short Sale is now being called  "the best kept secret in the industry." 

    Savvy Realtors are Not talking, they are closing deals Big Time said one 203k Short Sale Expert!

    The Up Side of a 203k Loan:

    If the borrower is planning a significant renovation, which is almost always the case when dealing with a Short Sale, the 203k borrower will need to find a building contractor who understands the FHA 203k  guidelines. All construction must be completed within six months. This is a federal government product, so you'll have some red tape to deal with. Builders need to be approved, as do plans, as do budgets.

    SameDay203kconsulting.com           


    Serving Los Angeles County!                      Call Today for a Free Consultation....

    www.sameday203k.com

    info@203kla.com

     Call Us Now 323 309-9722 
    The 203k consultant  can help  that all hud  you fill out
  • 203k Consultant Los Angeles 323 309-9722


    HUD Approved 203k Consultant
    Same Day 203k Consulting Los Angeles County 203k

    Consultant We take pride in our work, we help educate home buyers and guide them through the FHA 203k Loan Process. Many of our clients are first time homebuyers.

    As trained professionals we are dedicated to our clients, and servicing their needs. We work with most lenders and mortgage companies. We combine the industry’s latest HUD 203K software with our years of experience, and expertise.

    Our goal is to help our clients save time and money, and close their 203k Construction Projects on time and under budget. HUD Approved Since 1994. When you need it done right the first time Call Same Day 203k Consulting Service.

    Time is money, and there is not substitute for experience! Over the years, we have developed a one-of-a-kind state of the art process to help our clients. We help expedite the 203k process, our 203K software designed by Mike Young, generates all HUD 203k forms.

    We create a Drop Box Account for our clients so that the Home Buyers, Realtors, Escrow Officers, Under Writers, Bankers, Loan Processors, and Mortgage Companies, are all on the same page, and have access to all FHA 203k rehab reports 24/7. This way everyone always knows what’s going on in real time.

    Call Now 323 309-9722 www.203kla.com

    http://twitter.com/i/#!/search/realtime/same%20day%20203k http://www.merchantcircle.com/blogs/Same.Day.203k.


  • 203k Consultant Los Angeles 323 309-9722


    Did you know an FHA 203k rehab loan is similar to a construction Loan? It combines the money needed to purchase or refinance a with the money needed to make repairs into one single loan, due up to 30 years after work is completed.

    Call Same Day 203k Consulting We Can Help! 323 309 9722

    I have been a HUD Approved 203k Consultant for nearly 20 years.

    These are photo's of some of my recent 203k projects

    This property is located in Orange County California, the Owner lived here since the early 1970's.                             This house appraised for $430,000 seven months ago!

    This is what the house looks like today, it's appraised value is just over $1 Million Dollars Today.


     








    The FHA 203k Loan Program is alive and well!

          Another Happy 203k Home Buyer

    This Property is located in La Canada, Flintridge ..

    The owner is a first time home buyer!

    This is what the property looked like when the Renovation Work Started!


    This Is How The Property Looks Today!







    These Are Recent Picture's Of A 203k Work Shop We Hosted

    A 203k Workshop in progress at the Los Angeles South West Assocaition of Realtors

    We Trained over 50 Real Estate Agents and Brokers at this event!







    An FHA 203k loan requires a 3.5 percent down payment or 3.5 percent equity after improvements, based on the new value. The loan is repaid over the life of the loan, generally 30 years.

    www.203kshortsale.com

    http://twitter.com/i/#!/search/realtime/same%20day%20203k

    http://www.203kla.com/index.html

    info@203kla.com



  • 203k Consultant Los Angeles 323 309-9722 Chase Re/Max Century 21

    Posted Under: Financing in Los Angeles Air Force Base, Curb Appeal in Los Angeles Air Force Base, Foreclosure in Los Angeles Air Force Base  |  October 20, 2012 4:19 AM  |  262 views  |  No comments

    Need a HUD Approved 203k Consultant?    Call Now!  323 309 9722

    Same Day 203k Consulting HUD Approved Since 1994

    Did you know-An FHA’s 203k rehab loan is similar to a construction Loan? It combines the money needed to purchase or refinance the home–plus the funds to make repairs–into a single loan due up to 30 years after work is completed.

    A Conventional rehab loan is generally a financed owner-occupied, one- to multi-unit properties, as well as second homes and investment properties. They finance the rehabilitation of approved (Fannie Mae-warrantable) condominiums, cooperative housing and planned unit development (PUD) properties.
    293k FHA finances only owner-occupied homes that SFR or have one to four units, condominiums in FHA-approved projects and certain “mixed-use” properties that have residential and commercial zoning.
    .

    An FHA 203k loan requires a 3.5 percent down payment or 3.5 percent equity after improvements, based on the new value. The loan is repaid over the life of the loan, generally 30 years.

    Conventional financing typically requires a higher credit score and down payment. In refinance transactions, the home requires sufficient equity to make the improvements. The home must have equity after repairs are completed, based on the new appraised value. Fannie Mae rehab loans are repaid over a loan term of 15 or 30 years. Construction loans are due upon completion of the work. A home owners may refinance the home and cash out on the new value to repay the lender.

    http://activerain.com/sameday203k

    www.203kshortsale.com

    http://twitter.com/i/#!/search/realtime/same%20day%20203k

    http://www.203kla.com/index.html

    http://activerain.com/sameday203k

    info@203kla.com

    The FHA 203k Loan program has been around since in 1961 as a way to refinance or purchase a home and get money to complete rehab and repairs on 1-4 unit buildings, and single family residents. This is different than the Section 8 program. 203k Loan Officer


  • HUD 203k FHA Consultant Los Angeles 323 309 9722

    Need a HUD Approved 203k Consultant?    Call Now  323 309 9722

    Same Day 203k Consulting

    An FHA’s 203k rehab loan is similar to a construction Loan. It combines the money needed to purchase or refinance the home–plus the funds to make repairs–into a single loan due up to 30 years after work is completed.

    A Conventional rehab loan is generally a financed owner-occupied, one- to multi-unit properties, as well as second homes and investment properties. They finance the rehabilitation of approved (Fannie Mae-warrantable) condominiums, cooperative housing and planned unit development (PUD) properties.
    293k FHA finances only owner-occupied homes that SFR or have one to four units, condominiums in FHA-approved projects and certain “mixed-use” properties that have residential and commercial zoning.
    .

    An FHA 203k loan requires a 3.5 percent down payment or 3.5 percent equity after improvements, based on the new value. The loan is repaid over the life of the loan, generally 30 years.

    Conventional financing typically requires a higher credit score and down payment. In refinance transactions, the home requires sufficient equity to make the improvements. The home must have equity after repairs are completed, based on the new appraised value. Fannie Mae rehab loans are repaid over a loan term of 15 or 30 years. Construction loans are due upon completion of the work. A home owners may refinance the home and cash out on the new value to repay the lender.

    http://activerain.com/sameday203k

    www.203kshortsale.com

    http://twitter.com/i/#!/search/realtime/same%20day%20203k

    http://www.203kla.com/index.html

    http://activerain.com/sameday203k

    info@203kla.com

    The FHA 203k Loan program has been around since in 1961 as a way to refinance or purchase a home and get money to complete rehab and repairs on 1-4 unit buildings, and single family residents. This is different than the Section 8 program. 203k Loan Officer


     
  • 203k Loan Consultant San Bernardino

    Posted Under: Home Buying in Los Angeles Air Force Base, Agent2Agent in Los Angeles Air Force Base, Foreclosure in Los Angeles Air Force Base  |  October 9, 2012 7:48 AM  |  154 views  |  No comments

    Same Day 203k      Call Now323 309 9722

    An FHA 203k loan allows you to borrow enough to finance a home and make improvements. It may make sense to use an FHA 203k loan, but you’ll want to know what you’re getting into.

    Recently Fannie Mae, and Freddie Mac revealed New short sale guidelines that will take effect November 1 of this year.

    The new guidelines are expected to make short sales easier to process and will open up the foreclosure alternative to borrowers not in default if they have certain hardships.

    At Same Day 203k Consulting, we help educate homebuyers we guide them though the FHA 203k Loan Process.

    Many of our clients are first time homebuyers. We take pride in our work, as trained professionals we are dedicated to our clients, and servicing their needs.

    We work with most lenders and mortgage companies. We combine the industry’s latest 203K software with our years of experience, and expertise.

    Our goal is to help our clients save time and money, and close their 203k Construction Projects on time and under budget.

    An FHA HUD Approved 203K Consultant for nearly 20 years. When you need it done right  Call Same Day 203k Consulting Service

    Call Now 323 309 9722

    There is not substitute for experience!

    Serving Los Angeles  County

    www.sameday203kconsulting.com

    http://www.trulia.com/blog/same_day_203k/

    www.203kshortsale.com

    http://twitter.com/i/#!/search/realtime/same%20day%20203k

    http://www.trulia.com/blog/same_day_203k/2012/09/same_day_203k_feasibility_study

    http://www.203kla.com/index.html

    http://www.trulia.com/profile/203kla/

    info@203kla.com

 
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