Author Archives: 203KConsultant

Is there an Approved List of Contractors

The Contractor Approval and Requirement for the 203K Renovation Loan Program is State Licensed, have Workman’s Compensation Insurance, Liability Insurance with Limits to $1,000,000.00 and have a reserve to start work until the first draw no advance is provided, provide … Continue reading

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What is determined in a 203(K) feasibility analysis report?

What is determined in a 203(K) feasibility analysis report? A number of important and essential details regarding a property in need of repair work is provided in a 203k consultant’s feasibility report. The scope and the extent of the rehabilitation … Continue reading

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WARNING SIGNS OF FOUNDATION/SLAB FAILURE

WARNING SIGNS OF FOUNDATION/SLAB FAILURE Bulging floors, cracked walls, and doors that won’t close are all signs of foundation distress. Sixty percent of all homes built on expansive soils suffer from foundation distress. The problem occurs when only part of … Continue reading

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Installing Motion Sensor Lights For Your Security

There are quite a few methods you can work on increasing your home’s security as a first time homeowner. One of the simplest ways however includes a very easy solution that will help keep would-be burglars away from it. You … Continue reading

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How hard is the 203k renovation loan program for Realtors

Here are the comments I have heard over the last few months: 1. The 203K program is hard to get done. 2. The 203K program is easy as pie. 3. Loans take forever with a 203K and we keep missing … Continue reading

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Foundation Cripple Wall

A short wall that rests on the foundation and supports the floor and exterior walls of a structure. Should your home be equipped with such walls it’s a very good idea to have them seismically braced especially if you live … Continue reading

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The U.S. Fire Administration offers smoke alarm tips

The U.S. Fire Administration offers smoke alarm tips. 1. One of the best ways to protect yourself and your family is to have a working smoke alarm that can sound fast for both a fire that has flames, and a … Continue reading

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203k Feasibility Study In Long Beach California (Video)

Fred Sweezer Sr. is a HUD certified 203K Renovation Consultant. Providing 203K Reports to lenders and consumers to establish both the HUD minimum property standards as well as allowable elective items for appraisal and underwriting purposes. We also perform a … Continue reading

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A Gift From the Government

FHA 203k Loan If you’re looking at a fixer-upper, the Federal Housing Administration rehab loan may be the mortgage for you. Are you interested in buying a fixer-upper, but don’t have the cash to remodel it? Or maybe you have … Continue reading

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