Construction FHA loan Inspection 
Housing Wire
JUNE 21, 2022
Selling a home typically involves nearly 10% in transaction fees between real estate agents , title companies, inspections, and other expenses. Instead, we prefer a “certified” pre-owned car that has gone through a multi-point inspection with all of the preventative maintenance up to date. There’s an even more subtle consideration.
Realty Biz
MARCH 29, 2021
When purchasing a brand new construction home, they are often covered by a warranty for about the first one or two years of ownership. All VA and FHA loans require that a brand new construction home carry a warranty before the loan will be approved. What is Covered in a New Construction Warranty?
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
McKissock
MAY 6, 2022
New construction is treated a little differently by lenders, FHA, and the GSEs. When appraising new construction homes, you must take into consideration certain features and attributes that don’t necessarily apply to re-sales. Those requirements can make it hard to find other new construction comparables.
HomeLight
OCTOBER 25, 2021
If you don’t remember the last time you had your fireplace inspected, it’s time to schedule one. A fireplace inspection can alert the homeowner to creosote buildup, as well as other dangers, such as a damaged fireplace or chimney. An inspection can ultimately prevent disaster. Fireplace inspections check these features.
HomeLight
SEPTEMBER 1, 2022
Raymer says that for her clients, especially first-time buyers, she suggests an FHA loan, which only requires 3.5% FHA is really one of the best options,” she advises. An FHA loan is insured by the Federal Housing Administration and available from FHA-approved lenders. down payment. Closing date.
HomeLight
APRIL 14, 2023
If the total amount of your closing costs plus your down payment is financially overwhelming, sometimes lenders will allow you to add the closing costs into the total amount of your loan, thus reducing the amount of cash needed at closing. The exceptions are things like inspections and appraisals, which are paid upfront.”
HomeLight
AUGUST 31, 2021
The total 203(k) loan amount can be either 110% of the home’s estimated value after repairs are done, or for the sales price of the home, plus whatever estimated repairs will cost — whichever amount is lower. Another cap on the loan amount involves the regional FHA loan limit. Who is eligible for a 203(k) loan?
Expert insights. Personalized for you.
435 
Let's personalize your content