Realtors, Don't Miss Out!!!

Have you ever walked away from a home with a buyer because it needed repairs?
Do you have a listing that needs Repairs?

Regardless of how you answered those two questions, you need to be familiar with the FHA 203k Renovation Mortgage.
In today's real estate environment, this mortgage can be a valuable tool.

Below is some basic information about the program and a couple of links to a video blog that give more detailed information as to why having information and educating yourself about this mortgage can benefit you and the clients you work with.

We are experts in closing this loan, and have worked with many 203K borrowers. This loan is not difficult if you know what you are doing, and we know what we are doing.

Don't be afraid to show a client a good home that needs a little repair, or one that the listing agent says in the MLS it won't pass FHA. This loan will help that buyer purchase and fix up those homes. Not only is this loan good for your buyers, but it is good for our real estate market in general. With this loan we can get more homes off the market that are hurting our overall values.

If you have a home listed that needs repairs, call me and I can give you 203k fliers to place in the listing so buyers and their realtors who are not aware of this mortgage wont walk away because they don't have the money to fix it up out of pocket even though they like the house.

203k Info Video 1

203k Info Video 2


Program Bullet Points:

· Purchase a Home and Finance the Repairs Needed.
· Only 3.5% down required from Buyer.
· Seller Can pay Closing Costs & Prepaid expenses. (Up to 6% of the Purchase Price)
· Replace an old or damaged roof.
· Replace old or damaged Heat & AC units.
· Purchase & Install New Appliances. (Refrigerator, Stove, Dish Washer, etc.)
· Make repairs to a property in disrepair due to a foreclosure Situation.
· Make upgrades - Update Kitchens and Bathrooms, Replace & Change Flooring, Paint Interior or Exterior, etc…...

Don't Forget!!! I work weekends!!! Call me any time for a pre-qual, or questions.
Have a Great and Profitable Weekend.

It's a Good Life!!!
Greg Novak MBA
NMLS # 329079
Assistant Vice President
American Mortgage
Cell - 386-846-6686
Office - 386-756-8228
Fax - 386-756-8108
Website - http://www.americanmortgagenow.com/

Oh, by the way, If you know someone who is thinking about buying or refinancing a home, please give me a call with their name and number, I will be happy to follow up with them for you.