Category Archives: Uncategorized

Hedge funds or 401 K to Purchase homes. Should you?


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Homes are being purchase in creative ways such as Hedge funds or perhaps developing an LLC from your 401 K . We have recently heard about hedge fund companies purchasing homes in bulk. What exactly is a hedge fund?  According to the website http://www.magnum.com/hedgefunds/abouthedgefunds.asp       A Hedge fund is a fund that can take both long and short positions, use arbitrage, buy and sell undervalued securities, trade options or bonds, and invest in almost any opportunity in any market where it foresees impressive gains at reduced risk. Hedge fund strategies vary enormously [...]

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Renovations using a 203k loan or purchasing a Short Sale home.  “let our family provide your f


Renovations using a 203k loan or purchasing a Short Sale home.  “let our family provide your f Renovations using a 203k loan or purchasing a Short Sale home.  “let our family provide your family with the home you’ve always dreamed of”  Knipp Contracting 623-561-0803 info@knippcontracting.com

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Whether you choose a FHA 203 K Loan or purchase a Short Sale. Make the home your own with renov


Whether you choose a FHA 203 K Loan or purchase a Short Sale. Make the home your own with renovations. Knipp Contracting 623-561-0803 info@knippcontracting.com 

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What is a distressed home and should I purchase one?


Do you a see a distressed home and think “Great neighborhood I wish the house had a bigger bathroom or updated kitchen or even new carpet” You can have the best of both worlds. With a General Contractor who is experienced as a 203 k certified contractor along with a qualified Realtor and a certified Lender. You can make it the home of your dreams! Yes, with a 203 k FHA home loan you are able to have one loan amount and include your renovations into [...]

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Is a 203K loan program the right choice?


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Should I use a 203k loan? Have you found the neighborhood of your dreams but the home was less than desirable? It can be overwhelming to think of renovating a home on your own.  Where ever I go people are asking me about the 203 k loan and who they should contact. I have put together a few of the frequently asked questions about Realtors, Loan officers and inspections. The Renovation loan program is designed for current and potential home [...]

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See our Facebook fan page for up to date information with before and after photos of remodel projects


Knipp Contracting

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The FHA 203 K Loan Program


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FHA 203 k Loan Program 203 k LoanThe FHA 203 k Loan is a program that is used to make renovations for a property being purchased or refinanced. Within the loan certain repairs and upgrades are allowed.  AfterBefore Example of Renovated bathroom.   Information below taken from HUD Website: http://portal.hud.gov/hudportal/HUD?src=/program_offices/housing/sfh/203k/203kmenu Streamline 203(k) Mortgage The “Streamline”(K) Limited Repair Program permits homebuyers to finance an additional $35,000 into their mortgage to improve or upgrade their home before move-in. With this product, homebuyers can quickly [...]

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Having a hard time finding the home of your dreams? let the renovation loan program help you.


Having a hard time finding the home of your dreams? let the renovation loan program help you.

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Buy a Short Sale make it the home of your DREAMS!


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Are you wondering if you will be able to purchase a home after a Short Sale? You Can! According to Ted Canto of Academy Mortgage Arizona.  It’s hard to believe that you will be able to obtain home ownership again. There is no time limit after the completion of the short sale (title is transferred to the new owner) to the credit approval date on a new loan as long as the file meets the following requirements: According to Ted Canto here are some [...]

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[Flash 10 is required to watch video.] Renovation Home Loan can make a distressed home into your dre


[Flash 10 is required to watch video.]renderVideo(“video_player_16641846332″,’http://knippcontractingblog.tumblr.com/video_file/16641846332/tumblr_lyiqooJ6Ij1rosg54′,500,375,’poster=http%3A%2F%2Fmedia.tumblr.com%2Ftumblr_lyiqooJ6Ij1rosg54_frame1.jpg,http%3A%2F%2Fmedia.tumblr.com%2Ftumblr_lyiqooJ6Ij1rosg54_frame2.jpg,http%3A%2F%2Fmedia.tumblr.com%2Ftumblr_lyiqooJ6Ij1rosg54_frame3.jpg,http%3A%2F%2Fmedia.tumblr.com%2Ftumblr_lyiqooJ6Ij1rosg54_frame4.jpg,http%3A%2F%2Fmedia.tumblr.com%2Ftumblr_lyiqooJ6Ij1rosg54_frame5.jpg’) Renovation Home Loan can make a distressed home into your dream home. Knipp Contracting Arizona and Nevada

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