12/21/2023
Real Estate Professionals!
We know the housing market has been tough on everyone. We have all shared in the frustration and discouragement that comes when a buyer repeatedly loses on their offers. I say this with love... WE need to accept the fact that the market has changed, and if we plan on not only thriving, but growing, we MUST explore new pathways for our clients.
With a lack of quality "turn-key" inventory, the logical solution is to CREATE GREAT INVENTORY by utilizing The Power of Renovation Mortgages! FHA 203k Renovation Mortgages allow a buyer to purchase ANY home and include the cost of updates in one loan.
Here are a few FHA 203k facts:
✅ Purchase price and renovations using a single mortgage
✅ Home is appraised based on the "After Improved Value" (not the current condition)
✅ Renovations begin after closing
✅ Commissions are paid at closing
✅ FHA 203k can be used on ANY home
✅ Not just for distressed homes
✅ Close in as little as 45 days
✅ No additional work for the realtor
✅ The lender and FHA Renovation Consultant handle everything!
If you are a realtor that is willing to take a creative pathway to help your buyer achieve their dreams, click on the link below to request more information!
Join Our Team Our team is comprised of renovation industry professionals that strongly believe in the Power of Renovation Mortgages, and their ability to help homebuyers and homeowners achieve their dreams. Our professionals represent industries such as: Mortgage Loan Officers, Realtors, FHA Renovat...