FHA 203K is back! If REO agents or Short Sale agents don’t like your FHA 203K offer, think many times before you quit: this program will help boost the real estate market condition: Homebuyers with little down payment and who intend to occupy the house will have funds to rehab the house, their prices will be higher than All Cash buyers, Bank sellers (REO) don’t have to fix anything, nor replace carpet and fixtures which might be stolen because the house is vacant; listing agents don’t have to keep an eye on these listings 24/7 especially after they were repaired. They still do to make sure there are no uninvited dwellers; short sale seller, which ultimately is the short sale lender, can sell the house as is.
Call me for a qualified FHA 203K lender. I don’t know of anyone else who can really deliver. I’ve closed a 203K loan with him, and I will do it again! My cell phone is 562-305-7995. Together, Real Estate agents like us can cause this market condition to turn around for the better, really fast. Everyone wins! Think about it!