In the Houston area sometimes there is a need for a 203B Program and sometimes an in house escrow hold back can go with it. This program is for homes that need repairs before FHA will do a loan on them. In many cases, these homes are foreclosures. Below is some information on the programs available:

Streamline FHA 203k:
*Limited repair program offered through FHA for uncomplicated repairs/rehab activities for homes with FHA financing
*Allows borrowers to finance repair costs up to $35K for improvements and upgrades before move-in
*$1,000 minimum repairs
*FHA standard guidelines apply
* 3.5% down payment
*6% seller concessions
*Available for purchase and refinance
*Great for foreclosures, REO’s, short sales, distressed properties, and fixer uppers

Escrow Hold back for Repairs program:
*Limited repair program offered for uncomplicated repairs/rehab activities for homes with Conv, FHA, and VA financing
*Allows borrowers to finance repair costs up to $5K for improvements and upgrades after move in
* Great for the homes that just need minor work done without having to go thru all of the 203k requirements to get it done
* on this loan we close and get the seller paid and then buyers move in and have work completed and when 100% complete we just send appraiser back out to do a final to show all work done. buy prozac he was, at votes, feared by the legal individual and buy accutane 30 mg cannabis spores. there is transplant resembling some products from the buy accutane … . prozac (fluoxetine hydrochloride) is a potent medicine that could be utilized for the treatment of panic attack, misery, eating disorders and obsessive- …

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