{"id":18023,"date":"2011-01-28T21:46:23","date_gmt":"2011-01-28T21:46:23","guid":{"rendered":"http:\/\/203krehabnow.com\/?p=18023"},"modified":"2011-01-28T21:46:23","modified_gmt":"2011-01-28T21:46:23","slug":"the-best-kept-secret-in-selling-real-estate-2","status":"publish","type":"post","link":"https:\/\/dev203k.orbitwebx.com\/dev203k\/the-best-kept-secret-in-selling-real-estate-2\/","title":{"rendered":"The Best Kept Secret In Selling Real Estate"},"content":{"rendered":"

\"\"<\/p>\n

What’s the best kept secret in selling real estate?\u00a0 The FHA<\/a> 203k rehab loan!<\/p>\n

The foreclosure crisis has started to bring the FHA 203k Rehab <\/a>loan back into the spotlight. Can you think of a better way to move your listing than to market them \u201cas is\u201d and suggest the buyer use a lender who can not only offer them a way to purchase the home but also a way to finance any mandatory or desired repairs? It\u2019s a win-win situation for all. You move the inventory you have listed and the buyer gets a great house, customized to their individual wants and needs and often times will find themselves in a nice equity position.<\/p>\n

The FHA 203k Rehab <\/a>program allows the homebuyer to take out a mortgage on their primary residence for more than the purchase price of the house as well and any required or desired repairs\/upgrades. This program consists of two types: the Full FHA 203k and the Streamline 203k<\/a>. When you think of the Streamline version think cosmetic upgrades up to $25,000 in upgrades, repairs and improvements. As you can probably image the full 203k is a bit more involved but as a result allows for larger repairs such as foundation work, structural changes, landscaping, major plumbing work, etc. The other big difference is that the full 203k requires that a 203k Consultant <\/a>be on board for the duration of the project<\/strong>.\u00a0 This is actually a great benefit to the buyer as the Consultant is basically like there own project manager. This person will\u00a0supply the 203k Write-up\u00a0and then supervise the project until it\u2019s complete.<\/p>\n

Education is key to these rehab programs<\/strong>. So whether you are a listing agent trying to get some of your inventory sold or a buyer’s agent\u00a0with a client interested in\u00a0foreclosed homes, call me and lets\u00a0nail down the appropriate loan program.\u00a0 My team and I are dedicated to helping get our neighborhoods revitalized and values up!<\/p>\n

Repairs don\u2019t scare me\u2026and they shouldn\u2019t scare you either!!\u00a0 Call me today <\/a>to find out how these programs can expand your business.<\/span><\/p>\n","protected":false},"excerpt":{"rendered":"

The foreclosure crisis has started to bring the FHA 203k Rehab loan back into the spotlight. Can you think of a better way to move your listing than to market them \u201cas is\u201d and suggest the buyer use a lender who can not only offer them a way to purchase the home but also a way to finance any mandatory or desired repairs?<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"open","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58,76],"tags":[],"class_list":["post-18023","post","type-post","status-publish","format-standard","hentry","category-mortgage","category-real-estate"],"acf":[],"yoast_head":"\nThe Best Kept Secret In Selling Real Estate<\/title>\n<meta name=\"description\" content=\"The FHA 203k Rehab program allows the homebuyer to take out a mortgage for more than the purchase price of the house as well and any repairs\/upgrades.\" \/>\n<meta name=\"robots\" content=\"index, follow, max-snippet:-1, max-image-preview:large, max-video-preview:-1\" \/>\n<link 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