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NEXTA
Remodeling? Relocating? In Need of A Change with Options?
By Leesa Sandoval
These days almost everything is under one roof. When is the last time you went to a grocery store that didn’t also contain a bank and possibly a coffee shop? It’s nice to get everything taken care of at one. That’s the approach we take with regards to Renovation Lending. We like to offer options with the understanding that not everyone is going to fit in the same box. Having the ability to offer a wide array of products as well as the ability to lend across the United States should make us your lender of choice!
Read MoreMaking Sense of the FHA 203k and the Fannie Mae HomeStyle Renovation Loan
By Leesa Sandoval
We all want options so what’s better than having options when it comes to financing the purchase of your new home or the refinance of your current home? Taking this a step further let’s consider not only financing but also renovating that home! Yes, there are options with respect to the FHA 203k Renovation loan and the Fannie Mae HomeStyle Renovation loan. Both of these have had a lot of press lately so it’s important to understand the options and to pick the loan that best fits your needs. That’s where I come in…Let’s compare the FHA 203k Renovation loan to the Fannie Mae HomeStyle Renovation loan.
Read More203k Loan on Steroids: Off and Running, This Housing Market is Hot
By Leesa Sandoval
What a difference six months can make to our industry! I used to say “consider a renovation loan if move-in ready perfection is not in your clients budget.” Fast forward six months and what I am saying now is …”if that perfect home has multiple offers you might need to consider counseling on utilizing a renovation mortgage loan.”
Read MoreWhy Buy New When You Can Renovate?
By Leesa Sandoval
With the amount of homes on the market listed for sale, instead of starting from scratch and building new, why not buy an existing home “as is” and renovate to fit your specific taste? Find a house with some great bones, in a neighborhood you love and renovate that house to be your dream home.
Read MoreHow the FHA 203k Rehab Loan Can Help A Home Sell
By Leesa Sandoval
Listing a home for sale that isn’t quite move-in ready doesn’t have to be an impossible task. In fact, it could be advantageous to you to have a home that needs some repairs simply because now you can offer a potential buyer a chance to customize a home to their liking prior to moving in. How is this possible you ask? The FHA 203k renovation loan is the answer!
Read MoreFoundation Repair and the FHA 203k Rehab Loan
By Leesa Sandoval
If you are shopping for a new home and feel that foundation issues could be a deal breaker it might be time to think again. Especially for those of us in Texas since foundation issues seem to be on everyone’s mind. Don’t let that perfect house slip away just because of a foundation issue – the FHA 203k loan DOES allow for foundation work. In fact, it’s a common misconception that foundation repair is not allowed. That’s simply not true!
Read MoreFHA 203k Rehab Loan vs. Fannie Mae’s HomeStyle Rehab Loan
By Leesa Sandoval
There are actually a few options out available when it comes to rehabbing your home – for both purchase and refinance transactions. One of the challenges can be to find that perfect rehab loan to fit your needs. It’s my goal to make that selection easier. Today, I’d like to compare and contrast two of my favorites: The FHA 203k Rehab loan vs the Fannie Mae HomeStyle Rehab loan.
Read MoreRefinancing into a Rehab Loan for Home Repairs and Improvements
By Leesa Sandoval
Current home owners, did you know that just about anything in your home can be repaired, upgraded, etc with a simple rehab refinance? There are refinance options for both conventional and FHA loans which allow for the rehab of your current home.
Read MoreForeclosure or Short Sale Financing with FHA 203k – Texas
By Leesa Sandoval
Want to get a great deal on real estate in Texas and think that a short sale or foreclosure is the way to go? The first hurdle to overcome after identifying the property is where to get the funds to fix it up. The FHA 203k rehab loan is the answer.
Read MoreUsing an FHA 203k Loan to Sell More Homes
By Leesa Sandoval
The FHA 203k Rehab Loan allows you, the Real Estate Agent, to offer your clients a way to sell and market their home to potential buyers in a different fashion. It also allows you as the buyer’s agent a way to offer your client some options in the event their complaint is the color of the walls or the carpet.
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