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5 August 2017 | 3 replies
VA Renovation Loan: Product Overview Combines home purchase or refinance (limited cash out) with home improvement financing in one loan with one closing.Provides a convenient way for borrowers to make renovations, repairs, or improvements totaling up to 25% of the "as-completed" appraised value of the property with a first mortgage, rather than a second mortgage, HELOC, or other more costly financing method.Funds can be used for repairs or renovations that are permanently affixed and add value to the property.Single Unit, Primary residence onlyNO MOBILE/MANUFACTURED HOMESMust be completed within 90 days of funding.Up to 25% of the as complete value (Including contingency).Conforming High Balance loan limits available where applicable.Allowable repairs to be done on the property.
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4 August 2017 | 7 replies
I say shot from the hip because the process/form instructions aren't always clear.
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5 October 2017 | 2 replies
Hi All,Can a I manufacture/mobile home be converted to a stick built?
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15 August 2017 | 7 replies
And if you do buy, make sure the seller executes all the warranty transfer forms from the builder and manufacturers so that you are covered for by the warranties that are still in effect (structural, roof, windows, HVAC, etc.).Best of luck,Bob
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10 August 2017 | 10 replies
If it's not a manufactured or mobile home then later on down the road you can get an equity loan for it.
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6 May 2019 | 30 replies
Before I start, I have not figured out how to @ (mention) someone, I'll take some instruction for that part as well...Thank you Chris for the suggestions on finding contractors.
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9 August 2017 | 9 replies
The seller is, in California at least, required to present the written offer barring other instructions from the seller such as "do not even bother showing me lowball offers."
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11 August 2017 | 10 replies
You are not allowed to use arrest records to determine a rental applicant’s qualifications.According to the U.S Department of Housing and Urban Development: Arrests records are not a valid reason to deny a rental applicant housing.Convicted criminals may be denied housing if the reason for their convictions clearly demonstrates that the safety of your residents and/or property are at risk.Blanket terms in your screening criteria that say “Any criminal convictions will be denied” are now considered discriminatory and in violation of the Fair Housing Act.If you deny a rental applicant due to information found on a public record (like a criminal background report or eviction search) you need to provide the applicant with a denial letter and instructions on how they can obtain a copy of the report.
22 August 2017 | 21 replies
Been flying for 16 years, just never did anything with it outside of instructing.
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12 October 2022 | 10 replies
section 13/14 take care of what you have to do. 13 basically says you have to pay like 75% of their gross income x remaining months of the original contract and any options (2x7 yr options).14 tells you how to opt out of the options by sending a notice (gives you the time frames and instructions for how to submit notice).