{"id":19305,"date":"2012-06-28T13:06:02","date_gmt":"2012-06-28T13:06:02","guid":{"rendered":"http:\/\/203krehabnow.com\/?p=19305"},"modified":"2012-06-28T13:06:02","modified_gmt":"2012-06-28T13:06:02","slug":"renovation-lending-taking-the-guesswork-out-of-writing-the-contract","status":"publish","type":"post","link":"https:\/\/dev203k.orbitwebx.com\/dev203k\/renovation-lending-taking-the-guesswork-out-of-writing-the-contract\/","title":{"rendered":"Renovation Lending: Taking the Guesswork Out of Writing the Contract"},"content":{"rendered":"<p><img loading=\"lazy\" decoding=\"async\" class=\"alignleft size-full wp-image-20948\" title=\"writing a contract for a renovation loan in texas\" src=\"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2013\/12\/iStock_000004126499_ExtraSmall.jpg\" alt=\"\" width=\"283\" height=\"424\" srcset=\"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2013\/12\/iStock_000004126499_ExtraSmall.jpg 283w, https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2013\/12\/iStock_000004126499_ExtraSmall-200x300.jpg 200w\" sizes=\"auto, (max-width: 283px) 100vw, 283px\" \/>Renovation Lending: Taking the Guesswork Out of Writing the Contract<\/p>\n<p>Don&#8217;t be intimidated by the process of writing a contract for a <a title=\"Renovation Lending\" href=\"https:\/\/dev203k.orbitwebx.com\/dev203k\/why-buy-new-when-you-can-renovate\/\">Renovation Loan<\/a>.\u00a0 Also don&#8217;t get scared if you see that a buyer is using this type of loan to purchase a new home. \u00a0<span style=\"color: #ff0000;\">Renovation Lending is a thing of the present and it offers so much to the buyer, seller and the respective agents.<\/span><\/p>\n<p>In today&#8217;s <a title=\"HUD\" href=\"http:\/\/portal.hud.gov\/hudportal\/HUD\" target=\"_blank\" rel=\"noopener\">housing market <\/a>finding the perfect, move-in ready house is nearly impossible.\u00a0 Furthermore, while it&#8217;s unfortunate\u00a0the reality is that a lot of the homes on the foreclosed market are in need of\u00a0some help.\u00a0 It&#8217;s rare that people will share the same taste so having an option to customize the home or an option to finance the cost of any necessary repairs is ideal. \u00a0<strong>The short video above will show you just how easy it is to write the sales contract but let me just lay out a few examples below of how useful this loan can be.<\/strong><\/p>\n<p>As a<a title=\"Listing a home for sale with a renovation loan\" href=\"https:\/\/dev203k.orbitwebx.com\/dev203k\/how-the-fha-203k-rehab-loan-can-help-a-home-sell\/\"> listing agent <\/a>what happens when you have a great foreclosure listing <em>but <\/em>the AC condenser goes missing? The seller doesn\u2019t want to replace it because it will probably go missing again and they have already put enough money into the house being that it\u2019s a foreclosure. The buyer doesn\u2019t want to replace it until they own the home so\u2026what are your options? <strong>Any of our Renovation loan programs will do the trick.\u00a0 In fact, depending on the severity of the work that needs to be done we might just be able to perform the repairs under our <a title=\"escrow holdback\" href=\"http:\/\/en.wikipedia.org\/wiki\/Escrow\" target=\"_blank\" rel=\"noopener\">Escrow Holdback program.<\/a><\/strong><\/p>\n<p>What about that great house\u00a0you just found <em>but<\/em> it has\u00a0<a title=\"fixing foundation issues\" href=\"https:\/\/dev203k.orbitwebx.com\/dev203k\/what-to-do-when-a-home-has-foundation-trouble\/\">foundation issues<\/a>?? The seller doesn\u2019t want to spend the money to repair. The buyer does not have the cash to fix and will not fix until they own the home. The solution again can be a Renovation Loan.<\/p>\n<p>As a final example take that listing with the updated kitchen <em>but<\/em> the disgruntled previous owners tore out the cabinets.\u00a0 Aside from this no other repairs are mandatory. <strong>Well once more a Renovation Loan saves the day and also gives the new buyer a chance to really customize the home to their liking.<\/strong><\/p>\n<p>With one of our great Renovation Loans the <span style=\"text-decoration: underline;\">possibilities are endless<\/span>.\u00a0 Take the plunge and let me along with my team of experts work with you on your next renovation project.\u00a0 <strong><span style=\"color: #ff0000;\">From Conventional to FHA Renovation Loans we have them all.\u00a0 Repairs don&#8217;t scare me and they shouldn&#8217;t scare you either &#8211; neither should the process of writing the contract for a renovation loan.\u00a0 <\/span><\/strong><\/p>\n<p style=\"text-align: center;\"><img loading=\"lazy\" decoding=\"async\" class=\"wp-image-19330 aligncenter\" title=\"renovation lending\" src=\"https:\/\/dev203k.orbitwebx.com\/dev203k\/wp-content\/uploads\/2012\/06\/RSCN0588-600x450.jpg\" alt=\"\" width=\"360\" height=\"270\" \/><\/p>\n","protected":false},"excerpt":{"rendered":"<p>Renovation Lending is a thing of the present and it offers so much to the buyer, seller and the respective agents.  Not only that but it&#8217;s a very simple loan to obtain and even close.  The short video above will show you just how easy it is to write the sales contract but let me just lay out a few examples below of how useful this loan can be.<\/p>\n","protected":false},"author":2,"featured_media":0,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"_acf_changed":false,"footnotes":""},"categories":[58,62,125],"tags":[65],"class_list":["post-19305","post","type-post","status-publish","format-standard","hentry","category-mortgage","category-mortgage-programs","category-videos","tag-renovation-loan-programs"],"acf":[],"yoast_head":"<!-- This site is optimized with the Yoast SEO plugin v28.1 - https:\/\/yoast.com\/product\/yoast-seo-wordpress\/ -->\n<title>Renovation Loan: Take the Guesswork Out of Writing the Contract<\/title>\n<meta name=\"description\" content=\"Writing a contract for a renovation loan is a simple task. give the buyer a chance to customize the home to their liking. finance required repairs.\" 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