203k loan program in Roseville and Carmichael CA
By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
When the 203k was first created it was clearly a product for the lower end homes. Not true today. Today we saw a 3900+ SF home in Roseville that neecs updating and an other home that is being upgraded to a 4,000 SF home in Carmichael. It just goes to show you that the 203k has evolved to something you can use in pretty much any neighborhood. The 4,000 SF home may be worth as much as $700,000 once it is completed. The Roseville home has a pool, and merely only needs a roof, though we will do quite a bit more to update it while we are at it.
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