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s-deviljho-blog · 7 years
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203K Contractors in Florida
Contractors worth their weight in gold
So, you’ve found a lovely home in the beautiful state of Florida. Though slightly run down and rough around the edges, you know you can turn this lump of coal into a valuable diamond. Trouble is you need finances and, more importantly, a world-class contractor that knows their way around a renovation project.
Enter 203K Contractors in FL - we know construction and renovation like the back of our hand, let us prove it to you!
What is a 203K Contractor?
For the sake of simplicity, let’s break down what the 203K means. Basically, it’s an FHA loan similar to the traditional FHA 203(b) loan. What’s the difference between the 2? Homeowners ADD money to their mortgage to finance any improvements.
What’s the catch?
The 203k loan allows you to purchase or refinance your home after the deal is done without you worrying about out of pocket expenses.
Why choose a 203K contractor?
What makes us the perfect contractors for the job? 203K Contractors in FL have been specifically trained and certified to work under the terms and conditions specified in your loan agreement...so you’re in the best of hands.
Some background
We have personally experienced both sides of the coin regarding renovations and improvements - they can truly be some of the most stressful times endured by new and old homeowners alike.
● Why take on additional stress when you have access to educated contractors that have been approved by your loan office?
● Why worry about out of pocket expenses?
● Why hire labor not certified to look after your best investment?
203K contractors understand the nature of your financial situation, we have the financial stability to take on construction and renovation work according to the payment structure set out by HUD - no squabbling, no late payments on the job, and best of all, reliable contractors that show up, on time, every time!
Our tips for hiring a contractor
● Understand their credentials and ensure they’re suitable for your project.
● Look for insured, licensed contractors - this protects you against liability should any crew members become injured on the job.
● Get the upfront budget approved in writing - avoid nasty surprises
● Educate yourself about requirements regarding your project.
● Don’t jump the gun when it comes to demolition - wait for all equipment and materials to be on site.
● Be understanding of your neighbors. No one likes the exacerbated noise so try to keep the peace with your neighbors to avoid complications.
● Complete a thorough walk-through before signing off - we can’t stress this point enough!
Forewarned is forearmed, hire contractors that give you peace of mind!
* Our offices are open Monday - Friday, 9am - 5pm. Expect a call-back within 1 business day.
https://www.203kcontractorsfl.com/
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