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10 December 2019 | 7 replies
Include instructions on where/how to pay, who to call with maintenance issues, your preferred method of contact, and other critical details.
15 December 2019 | 8 replies
Goal is to avoid being the responsible party.The open environmental dates back to the 1980's with a manufacturing company
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18 December 2019 | 6 replies
Here is some information I received from a lender in NJ let me know if anyone has any other information:VA Renovation Talking PointsPrimary Residence Only – Purchase & Cash-Out RefinanceProperty Type Loan Amount Min Credit Score1 Max LTV/CLTVStandard1‐4 Units ≤ $453,100 Minimum credit score 600 Max LTV/CLTV 100%High Balance1 Unit $453,101 ‐ $1,000,000 Min credit score 620 Max LTV/CLTV 100%Super Max1 Unit $1,000,001 – 1,500,000 Min credit score 660 Max LTV/CLTV 100%Eligible Property Types 1‐unit attached and detached SFR, PUD 1‐unit VA‐approved condominiums¹ 2‐4 units 1‐unit (double‐wide) manufactured home –eligible forlimited renovation product only Modular homes¹ Site condominiums in MI are treated as SFR.VA Limited RenovationNo minimum repair amount and maximum repair amount $35,000.00 including all costs Repairs must start within 30 days and be completed within six (6) months Maximum of 2 draws (Initial and Final) with written approval from the borrower at each disbursement Initial disbursement to cover the lesser of material cost or 50% of bid Final inspection and title search required for final disbursement 10‐15% contingency required (15% required when any utility is non‐functioning) Properties that require the following work items are not eligible for financing under the Limited VA Renovation Program:o Major rehabilitation/remodeling, such as the relocation of a load‐bearing wall; o New construction (including room additions); o Repair of structural damage; o Repairs requiring detailed drawings or architectural exhibits; o Landscaping or similar site amenity improvements; o House is uninhabitable at close of escrow o Any repair or improvement requiring a work schedule longer than six (6) months CONTRACTORS MUST HAVE A VALID VA BUILDER ID VA Standard Renovation Minimum repair amount is $5,000; no maximum.
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10 December 2019 | 4 replies
You say yes, and will be sent the refusal, and instructions on how to file an appeal, along with an appeal application.Step 3: Once you file the appeal, and pay the appeal fee (usually a couple hundred dollars) you will receive Paperwork for what needs to be done leading up to your hearing date. see next steps.Step 4: Contact all affected Registered Community Organizations (RCO) to schedule a neighborhood meeting to present your request to the neighborhood.
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13 December 2019 | 26 replies
We give them a list of move out instructions to follow that includes cleaning and removing all trash (as well as emptying the trash cans).
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12 December 2019 | 2 replies
On both our product we offer a 50 year, 1 exclusion (an act of God) warranty held by the manufacturer.
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13 December 2019 | 4 replies
Otherwise, windows can be gotten at any building supply center for the same(ish) price as the manufacture.
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12 December 2019 | 4 replies
There are literally hundreds of posts with this very question on BP as well for you to read but keep in mind much of the answers are opinions not from tax professionals so again, consult your own team members for true clarity and proper instruction.
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13 December 2019 | 6 replies
Hello I recently completed a flip deal on a manufactured home (first ever) and I am currently in the closing process and the lender is requesting a foundation certification prior to funding on the property.
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11 January 2020 | 3 replies
We wouldn't have been able to do this without the forum and the instructional books.