203K Consultant | Tampa
Beryl Project Engineering have a 203k consultant who can play a crucial role in your FHA loans. We provide Tampa Bay 203k consulting that can help you successfully apply for an FHA full 203k loan.
We can guide home buyers in Tampa Bay and the surrounding areas, such as Plant City, St. Petersburg, Clearwater, Brandon, and Lutz to secure FHA 203k financing. Our inspectors will take you through the process and coordinate the various stages of FHA 203k loan application.
FHA Inspections in Tampa
When you plan to purchase Tampa Bay residential property, call Beryl Project Engineering to schedule an appointment for the site visit.
Upon visiting the Tampa Bay property on sale, our FHA inspectors will examine the residential property, and provide a computerized assessment report and photos within 36 hours. We will write a detailed report that outlines if the house you intend to buy meets the 203k loan requirements and the HUD’s Minimum Property Standards.
Onsite Visit Report
Beryl Project Engineering’s 203k consulting involves preparing and collecting the paperwork that the loan provider uses to decide your loan amount and underwrite the loan. Such paperwork collected may include the architectural plans, termite report, roof report, feasibility report, and the details about the required structural adjustments and general repairs.
We will always ensure that the write up has the following information:
• Cost of repair materials and the expenses on labor
• The estimate of the “contingency funds” should the cost of repairs overrun the budget
• The inspection schedule during the repair period
Securing Your 203k Loan
Our 203k consulting continues even after your purchase of the Tampa Bay property. We can also perform valuable services after you get the loan, and the repairs begin. Beryl Project Engineering will guide you on how to open a Repair Escrow Account. We shall inspect the repairs to ensure satisfactory work so that the 203k loan lender can release funds from the Escrow Account to pay the contractor.
We can help home buyers in Tampa Bay throughout the home renovation project by providing advice and support as they work with the repair contractor.