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203K fact and fiction

203k Myth or Fact? by Dustan Shepherd on February 21, 2011 · 0 comments Did you know that the minimum 203k loan is $100,000? Or that only 20 percent of the total 203k loan can be the rehab cost? That’s because neither of those assertions is true. Yet every week I receive calls from borrowers who have received [...]
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Wanna buy a foreclosure? A dozen things you need to know.

This article by Mike Carlier offers some great advice.. Written by E.J. “Mike” Carlier If you are thinking about buying a new home, some of the most attractive properties and prices that you come across in your internet searches will be property that has been reposessed by the lender. Foreclosed homes come in all sorts [...]
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  • Now the consultant will meet you for $150, thats 25% off, get a feasibility study and see if you are right for a 203k Loan.