Changing Communities 1 House @ a Time : From Washington DC Fixer Upper to Future Dream Home - A Real 203k Success Story!
My current DC 203k project is a full FHA 203k renovation on V St. When I firt inspected the property, it was 2 apartments in need of a complete renovation. The home required structural repairs, new roofing,Electrical, plumbing & HVAC upgrades, new windows, doors, a complete upgrade to current building standards. As a HUD certified 203k consultant, my job is to create a detailed work write up, prepare accurate & details repair estimates, coordinate with the loan officer, contractor & homeowner to make sure the renovation moves from start to finish.The 203k loan allows borrowers to bundle the purchase price & repair costs into one simple loan making it possible to transform distressed properties into safe beautiful homes. If you are considering purchasing a fixer upper in PA, MD, DE or DC, I'd be happy to help you determine whether a 203k loan is the right solution for you.