Homestyle Renovation Loan a great mortgage product when you are refinancing or buying a property that you want to improve. Add value to the home, fix up, finance like a construction product
Showing posts with label construction. Show all posts
Showing posts with label construction. Show all posts
6/24/2015
Homestyle Renovation Loan
Homestyle Renovation Loan a great mortgage product when you are refinancing or buying a property that you want to improve. Add value to the home, fix up, finance like a construction product
2/04/2015
Bath Remodel Loan
Bath remodel ideas
We have a new mortgage that allows a Borrower to
buy a house and finance the construction improvements
they plan to complete.
Work should be completed in six months
This is a compromise between a 203k loan that only
gives you $30000 and a full new construction loan that
can go up to ten million dollars and take two years.
The remodel amount must be less than fifty percent of
the sale price.
Perfect for a beater house with an ugly bath or outdated
kitchen that needs a face lift
Homestyle Mortgage Loans Universal American Mortgage
Eagle Home mortgage
|
4/07/2014
Niche Mortgage Birdhouse or Castle
How to Close your Problem Mortgage?
Eagle Home Mortgage is owned by Lennar Homes
Because we are not a bank, we offer a greater
variety of loan products to help Realtors, Real Estate
Agents, Borrowers and Home Buyers close on time
with the product they want. If you are buying a tiny
birdhouse, a six million dollar home or commercial
project – we have the loan solution for you.
A brief list of some of the out of the box products:
Call and speak with C. G. to fix your stalled or broken deal
 |
| ceramic house |
Not all houses are the same. Bird houses are each special as well.
Perhaps you went to a bank and they aren't answering your calls?
Perhaps they told your they can't help you with a loan?
We have special niche products to fit your needs.
 |
| wood bird house |
- Foreign National Loans, ITIN loans
- Condo/Hotel Loans
- Condos not warrant-able with low owner occupancy or lawsuits
- Financing for more than 10 properties
- Investor products
- Spec. Construction
_ Owner Builder Construction
- Loans closed in a corporation or LLC.
- Grants Gifts MCC CHDAP CHAFA
- Jumbo, Super Jumbo
- FHA 203k remodel
- Reverse Mortgage
- Cooperative
- VA – VA IRRL Streamline
- Higher Debt To Income Ratios
- Fannie DU Refinance
_ Freddie Mac
- Cross Collateralization loans when Borrower
has not sold current residence but finds the
Dream property
I have been a lender twenty five years.
My team can close you quickly
We have in office Underwriters, in office Funding and
in office Document drawing.
What does that mean?
No shipping your file to Minnesota.
No limbo wait turn time.
Experience that will find solutions.
Call me (949) 784- 9699
NMLS #324982
 |
| Wooden bird house |
 |
| handmade bird house |
 |
| barn style bird house |
5/04/2013
Camden Park Sounds Lovely
Contemporary styled homes in a lovely landscaped
development with mature trees. Resort-style community pool and spa for your
enjoyment. Walk to elementary school the award winning Don Juan Avila
Elementary Close to parks, Aliso Viejo Town Center, the Edwards Aliso Theater
and a variety of restaurants.
This condominium has cathedral ceilings
in the living room, a large fireplace, 18" stone tile flooring throughout
downstairs level, spacious formal dining room area, bright open kitchen with
breakfast bar area. Priced at $424000 – a very desirable hot price in Orange
County for entry level homeowners.
Camden Park was
developed by Ryland homes in 2000 through 2001. The architecture is a
combination of Bay and Gable homes seen in Old Town Toronto with verandahs and
little towers reminiscent of popular east coast architecture.
There were 4 floor
plans developed in Camden Park. Each Townhouse
includes a 2 car attached garage, central heating and air conditioning and
fireplace. Many of the units have a nice distant view of the Hills and
city lights.
There are nine streets that make up the community
of Camden Park: Brisbane Lane, Cupertino Cir, Plumeria Lane,
Benchmarke Lane, Kenilworth Lane, Open View Lane, Burlingame Lane, Harvest Point Lane
and Warmspring Lane.Camden Park is serviced by the acclaimed Capistrano Unified Public School District. The grade school is Don Juan Avila, and the middle school is also Don Juan Avila. The upper classes are conducted at Aliso Niguel High School.
BUT
here is the problem:
It has been close to ten years since the complex was built
out. The Association’s Management Company has filed a lawsuit in Orange County
Superior Court alleging that the builder completed shoddy work. It is common
for lawsuits to pop up in this time frame, as the calendar for a Builder
Developer to be responsible is just at the limit of too long for homeowners to
file complaints. The suit was filed in August of 2012 and appears to be on
track for trial. In fact there have been 70 filings against Ryland Homes for
construction defect.
Camden Park sounds and appears at the price points for homeowners lovely BUT it is impossible to buy with an FHA loan and until the lawsuit is clarified getting a mortgage from GSE sponsored conventional is also going to be difficult. Would the Association have been better off negotiating with the Builder?
When there are pending lawsuits of size able nature, and the
association may not have sufficient funds to cure or fight the suits it makes
it near to impossible to close a mortgage loan in a complex. Owners in Camden Park
cannot refinance with today’s low interest rates on conventional loans and
Buyers cannot get an FHA loan in this complex.
Physically the main defect is the foam insulation used
inside walls and around the window trims. Now after time, heat and moisture the
foam is protruding from window wells. The cure would be to pull out the
windows, install new sealant and replace, re-plaster and repaint. Each window
repair might cost two hundred dollars BUT no telling what dry rot or problems
may open up inside each window. The recent lawsuit claims that owners have been
unable to track down the real principals of Ryland Homes, but it appears to be
a publicly traded company. I believe the sub chapter corporation that built this
tract is a separate entity. There are 70 filings against Ryland Homes in Orange
County Superior Court.
Larry T. Nicholson, Ryland President did not respond to my inquiry about this complex. He is CEO of Ryland Group. Only comment made was from a receptionist, “we have built 300 homes.”
I read some thirty complaints to the Better Business Bureau and on complaint boards, then I stopped reading... Most appear to be homeowners who found construction problems in their new homes. They contacted the builder and were given the run around or subcontractors who slapped a fix on half the problems. It is impossible to determine if these complaints are resolved or accurate.
"I contacted Marc Austin thirty times (Operations Manager) with no resolution."
"HOA has received a
settlement with regards to shoddy craftsmanship of our Ryland Built Homes.
Obviously, Ryland believes it was easier and cheaper to pay off certain HOA
boards than to actually fix the problem. My $250,000.00 house is just now 5
years old. In this time, the driveway has started sinking, the front stoop has
started sinking, there is a small sinkhole in my..."
"My tub that has a crack
that was disguised to pass inspection by Ryland a shower bottom done the same
way a false door that leaks into the wall and now
shows mold growth btw insurance will not pay claim ryland says the warranty is
out of date"
Subscribe to:
Posts (Atom)