Choice Construction & Roofing

10/04/2016

https://www.facebook.com/HuffPostPartner/posts/525821840950655

The real challenge for today’s homeowner is in understanding, before you start to demo, which projects are really going to add property value — and which are more likely to result in dropped hammers and bruised egos.

09/03/2016

https://www.facebook.com/garylongii/posts/10204728342864836

The FHA 203k loan program is perfect for homebuyers who find a great home that needs repairs. Wrap the purchase price and repair costs into one loan.

09/03/2016

Eligigle properties...did you know?

Homes that have been demolished, or will be razed as part of the rehabilitation work, are eligible for 203k funding provided some of the existing foundation system remains in place.

In addition to typical home rehabilitation projects, this program can be used to convert a one-family dwelling to a two-, three-, or four-family dwelling. An existing multi-unit dwelling could be decreased to a one- to four-family unit.

A 203(k) mortgage may be originated on a "mixed use" residential property provided: (1) The property has no greater than 25 percent (for a one story building); 33 percent (for a three story building); and 49 percent (for a two story building) of its floor area used for commercial (storefront) purposes; (2) the commercial use will not affect the health and safety of the occupants of the residential property; and (3) the rehabilitation funds will only be used for the residential functions of the dwelling and areas used to access the residential part of the property.

09/02/2016

If you ever have the need for a Certified & Experienced 203k Consultant in the SWFL area (Ft Myers, Naples, Marco Island) give us a call! 239-826-5866 we'd love to help you close a 203k QUICK ! 2 closed last month!!