Have your clients ever decided to not make an offer on a house because it needed a few repairs? If so, atttend a free webinar on Wednesday, Aug. 14, from 10 – 11:30 a.m. to learn how your clients can use FHA’s Rehabilitation Loan programs to borrow more than the purchase price of a home to be used towards improvements.
HUD Marketing and Outreach Specialist Nancy West will provide a side-by-side comparison of FHA’s two Rehabilitation Loan programs, the 203k and Streamlined 203k. You will learn how the two programs differ and how to determine which program is best suited for your clients. C.A.R. Attorney Stella Ling, Esq. will follow with a presentation on legal and practical guidelines for completing the C.A.R. purchase agreement when buyers seek FHA rehabilitation financing. Stella also will discuss some of the common pitfalls for agents to avoid when working with these types of transactions.