203K World

Brent Kluge & www.203kworld.com bring you amazingly helpful hints to save you time and money on your 203k loan from EXPERIENCE.  Please enjoy this information and click Like or Subscribe if you consider it helpful!  Check back to www.203kworld.com for new info and blogs in the near future!

Brent Kluge describes the basics of "How to buy an "As-Is" house".  Learn some of the major items of what to look out for when making an offer on the as is home - writing your contract offer - some mortgage options - renovation loans - basic process of the as is home- pointers for you to look for when buying that fixer upper.

Brent Kluge give amazing hints and helpful information for you when utilizing the FHA 203k Loan and how to find a Contractor.  Check back for more info/topics and visit us at www.203kworld.com

Feel free to ask me a question in the comments section about your FHA203k... I WILL ANSWER!

Brent Kluge gives honest, reliable and real world advice on the ins and outs of the FHA 203k.  In this Video Blog, you will understand if you should hire a HUD Consultant or not.  Please click "Like" if you so do and perhaps "Subscribe" if you would like to check back for additional blogs as they are reported. :)   http://www.203kworld.com

Brent Kluge disclose the REAL WORLD TRUTHS about the Problems & Pain Points with the FHA 203K.  We've all heard about FHA 203k Nightmares... here is an insider's look in 203k's, what to avoid, how to protect yourselves and other insights.

Brent Kluge explain helpful hints on how to structure your FHA 203k to position yourself for a refinance where you will drop your mortgage insurance and potentially lower your interest rate when your construction is complete!   Please click Like and/or Subscribe!

Feel free to ask a question in the comments section... I will answer! :)

HUD 203k Consultants - FHA renovation loans - Read about insider points for 203K consultants - should you use one, what to look out for, what they do.  Hud Consultants have been called Fee Inspectors - How much does a HUD Consultant cost?  What are their charges?  Do I need a HUD Consultant on my FHA 203k?

Click this link to check the Consultants in your State:

https://entp.hud.gov/idapp/html/f17cnsltdata.cfm

Kassell Gause

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Had it not been for Brent Kluge’s tireless efforts, we believe our dream home would have remained just that, a dream.  Brent went above and beyond to help us secure our 203K loan.  His assistance was invaluable and his dedication to his clients is unparalleled.  From day one, Brent was there to advise, instruct and assist in any way he could and we knew in talking with him, that we were in capable and caring hands.  Brent is committed to providing the best service possible to his clients.   He demonstrated this commitment many times as we went through the loan process.

We experienced many challenges along the way, and Brent guided us over each hurdle, from contract extensions through the construction bid and contractor selection process.  He assisted us in interviewing potential contractors and guided us in the preparation of the final, signed construction contract, ensuring our protection and helping us minimize the likelihood of costly change orders during construction.

Under ideal circumstances, Brent’s work is remarkable.  In our case, Brent worked tirelessly with parties in 4 states, helping us get to closing on schedule and with all requirements met.  A mere thank you seems inadequate for all he did for us.  Today, we have our home, the construction is progressing on schedule and even though Brent’s involvement is completed, he remains in touch, offering any support he can.  Our door will always be open to him and we recommend him without reservation.  With Brent Kluge, you just can’t go wrong.

Catherine M. Hardy and Judy R. Aitchison

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On an FHA 203k Renovation Loan, the money that is set asidefor the construction goes into an "escrow account".  These funds actually sit with the bank until a DRAW REQUEST is properly completed, endorsed and submitted, requesting those funds.  How many times have you heard about people WAITING 60,90,EVEN 120 DAYS FOR THE FIRST DRAW CHECK???   Unfortunately, this is happening.

Here is the skinny.  MOST 203k's closed in the entire country are closed by two BIG banks. I am not going to say who these banks are directly, though I can tell you they both do Well and both are Banks in America.   They do so much volume, their draw departments are inundated with requests and delays happen.