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Oh, and I'll add on here that it's important to get a contractor that really knows the process and has done one of the 203k repairs before. They'll already be approved and have the paperwork in place. And having done it before they'll will possibly reduce delays and potential hangups. If your agents contractor is that person great.
The "Streamline"(K) Limited Repair Program permits homebuyers to finance an additional $35,000 into their mortgage to improve or upgrade their home before move-in. With this product, homebuyers can quickly and easily tap into cash to pay for property repairs or improvements, such as those identified by a home inspector or FHA appraiser. More...
Sorry, bad habit of posting when half-awake, it's a 5K minimum on one and the other is 35K. My apologies if I provided any heart attack symptoms.
Sorry, bad habit of posting when half-awake, it's a 5K minimum on one and the other is 35K. My apologies if I provided any heart attack symptoms.
I survived .
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