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Updated about 5 years ago on . Most recent reply
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Need 203k contractor
Hi. I'm in the market to purchase a fixer-upper. I'm vetting licensed, insured, 203k certified contractors. If you guaranter good, timely work and you can accompany me looking at properties to give honest, accurate estimates on the scope of work, I'd like to contact you.
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Most Popular Reply
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LOL there is ZERO chance you will find a good, quality contractor that will go house to house with you giving you bids on the work until you find one. 203 loans are a nightmare to deal with for the contractor, they have to float a LOT of money for free, which means they charge more for the work. You will probably look at at least 20 houses before you find one that works, each one will cost the contractor probably 2-4hrs of work. If you plan to pay them, be prepared to pay $100/hr from the time they leave their shop/house/site to the time they get back plus any office time they put in for the estimates assuming you're in NY because you never said where it was you were looking