April 15th, 2009 – James Madejczyk of Wells Fargo and Ryan Gable of startingpoint Realty discuss fha’s 203K rehab loan and how it’s useful for first time homebuyers.
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Tags: 203k, 203k rehab loan, buyer, FHA, first, home, loan, rehab, startingpoint, time, time homebuyers, wells fargo
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My new favorite? 203K loans- think FHA rehab. Great product. The bottom line is that I truely believe it is a good time to buy real estate. If I thought it wasn't, I'd say so. Two years ago, I may have said so- there was so much upheaval in ... We need more sellers to get involved in first time home buyer housing. And even if you do find the perfect spot with a not so perfect house- snatch it up and get a 203K loan to make it all yours. Happy Spring! And happy looking. ...