Real Estate Renovations

Posts Tagged ‘vinyl windows’

I’m the Consultant. HUD Consultant.

In Dept of HUD, real estate on April 17, 2012 at 4:20 PM

Soooooooo…… in today’s most recent episode of estate renovating, we had the opportunity to meet the HUD Consultant.

If you remember from my earlier post, part of the process involved with the 203K Renovation loan requires a certified HUD Consultant to visit the property and review not only the scope of work we are interested in doing but also looking at the property to ensure EVERYTHING is Federal Housing Administration (FHA) compliant. Seems like a cake walk. I’ll admit I was a tad bit anxious only because I believe that everyone who has that type of power already has it in their minds that they are going to ding you for the sake of dinging you to make a few extra bucks.  It’s not like you can really argue the point.

Our HUD Consultant was actually very nice, we corresponded by email prior to the visit and he let us know what he would be doing.  We provided him with the (ever evolving) scope of work to give him a picture of what the project looked like. When he arrived we went on a walking tour with me explaining ( in beautiful colors and textures) all of the work to be completed.  He was much more interested in the roof tiles and how big the AC unit would be.

He was very thorough, getting into all the crevices and orifices of the house and I am glad to say we really did well. ( I give my little house a pat on the roof!) There was really only one area that we needed to add into the (already swollen) budget and that had to do with paint and our windows.

Now we are having new window installed throughout but because of the age of our home we will have to have the wood frames capped in vinyl or have every frame scraped and repainted.  NOOOOOOO!!!! I have no idea what the contractor is going to charge for that and unfortunately we are not able to just do the work ourselves outside of the loan, now that it has been noted by the HUD Consultant.

So I am grateful that the damage was not worse, but I will have to do yet more number crunching…