Posts Tagged ‘fha rehab loan’
Finding the Right Contractor – Foreclosures Part 3
Finally, in our series about buying a foreclosure using the FHA 203k Streamline Rehab loan I want to discuss selecting a contractor. If you have followed my instructions, you are now pre-approved for an FHA 203k Streamline mortgage for a specific price range and you have met and developed a rapport with the Realtor® that is going to make sure you get the proper guidance and support you need. This next step is also very important, selecting the contractor or contractors for your rehab process. This is a very important aspect of your Oregon FHA 203K loan. There are things that you need to look for in the right FHA 203K contractor as they can mean the difference in a successful or unsuccessful FHA 203K renovation. Read More





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