What are the qualifications? You must have the ability to complete repairs such as painting, installing cabinets, minor plumbing, replacing rotten wood, etc. You must also pay rent during this process and have credit and income suitable to acquire some kind of permanent financing. This doesn’t mean your credit has to be good, but it does mean not everyone will get approved. Before you’re considered for a Work for Equity home you’ll know if this is a problem. Once you’re approved for the Work for Equity program, you’re automatically approved for permanent financing when the house is repaired unless your circumstances change due to loss of income or non-payment of your current obligations
Thanks! Ron
Good program. Thanks Ron.
This form answers all the questions that your tenant buyer may have about your Work For Equity Program.
really nice form
What are the qualifications? You must have the ability to complete repairs such as painting, installing cabinets, minor plumbing, replacing rotten wood, etc. You must also pay rent during this process and have credit and income suitable to acquire some kind of permanent financing. This doesn’t mean your credit has to be good, but it does mean not everyone will get approved. Before you’re considered for a Work for Equity home you’ll know if this is a problem. Once you’re approved for the Work for Equity program, you’re automatically approved for permanent financing when the house is repaired unless your circumstances change due to loss of income or non-payment of your current obligations
Thank goodness for gold club all your forms and doc right at your fingertips. Thanks Ron, your the best
going to do this on one of mine
Another great update. Working one of these now.Thanks!
Great
Excellent program. I bought the Work For Equity course and want to make use of it once I get started