Educational deficiency is quite common.

Stephen Gantz Ronald Perich Andrew K.

Hi Oren K.

The scope of work and estimates will have to be provided as part of the loan process, and inspections will have to be done before the money is released.If you're going to be occupying the home you can look into either an FHA 203(k) loan or Fannie Mae Homestyle loan.  

Ok lots of miss information on this post as this is a CA foreclosure  not a Judicial sale like FLA or other states.1. if the first goes to sale with that equity position any money bid past the opening bid by the first will go to the second automatically.. there is no law suit in CA trustee sales its power of sale.2. the second once the foreclosure occurs both liens are removed.... from the property the second though does have the right to then sue on the note for a deficiency.. ( however Extremely rare on the west coast but it does happen).. but that just goes to the borrower not the property.3. if its a purchase money first thats being foreclosed no deficiency judgement is allowed.. its not like Texas were you can foreclose and get a judgement.  

@Alice K.

@Ray P.Be careful with phrases like "promissory note to myself" relative to using a SD IRA...typically you cannot directly benefit personally when using a SDIRA, all transactions have to be done in the IRAs name.With 15 K, I would probably:- Leave it, invest it as best you could with stocks.

So you already k is you need to dig six inches.2.

try  j&k for cabinets.  

I feel kind of stuck which seems ridiculous because I could easily afford a good down payment on a 110-150 K home.