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updated for 2011-2011
FHA 203k, FannieMae Home Style, or Freddy Mac's product all
on the same software. With a simple click of a configuration button you
can change all reference to the 203k to one of the other loan programs on
all your paperwork.
This software produces complete
Architectural Exhibits for the 203k loan program in a Windows environment
less the blueprints and drawings. All the
consultant needs to submit a completed project from the work write up to the invoice &
all of the forms for the ongoing inspections. It includes all of the following forms &
reports;
Work Write Up
Consultant Agreement
Borrowers Acknowledgment
Acceptance of Conditions
Rehabilitation Loan Agreement
Homeowner/Contractor Agreement
Self Help Agreement
Draw Request (Unlimited number)
Back of Draw Request (Unlimited, one with each draw request)
Re-Cap of the Sub-Total
Job Specifications and Bid Request
203k Inspection Report
Identity of Interest Certification (required by HUD)
Invoice
Feasibility Analysis Report Form
Change Order Form (Unlimited number)
Progress Payment Lien Release
Final Lien Waiver
Mortgagor's Letter of Completion
Wells Fargo Permit Requirement
List - Wells Fargo only
Features of
the 203k consulting software
Once you complete
the "information page" you can fax an acknowledgement to your lender notifying
them of the appointment date with the touch of a button.
The fax takes advantage of your computer's modem or efax.
Mileage a problem?
Not any more... go to Map Quest on the internet...plug in your address and the subject
properties address. You'll get a mileage one way. Input that for reference. Let
the program know how many miles it is one way and it will calculate your draw inspection
fee accordingly as well as adjust your initial billing amount. In 2008 mileage was changed to all miles not just beyond 30 miles.
Now it's time to
make the inspection... with the touch of a button you will print out a set of
"initial Inspection" report blanks to assist you in making your
inspection, and an information page so you can verify the borrower's
information at the time of your inspection, as well as a complete set of
the contracts to leave with the home buyer for review prior to signing at
close of escrow. It
also make two copies of the "consultant agreement" one for you to get signed and
bring back for your file and the other to leave with the borrower.
You get all of the
features typical of Microsoft Windows programs that include word wrap and sentence wrap.
Once you make
your inspection and write the "home inspection" report and your ready to write
the Bid Spec.
You can
see the "home inspection" report on a split screen as
you type the "Bid Spec". This feature will save you having to print out the home
inspection report till the entire project is ready to print.
While you are typing up your
"Bid Spec" and you notice an error in the inspection report you can go right to
it on that same screen and correct it without going back to the inspection input screen.
Once your bid spec is complete you
can now FAX it to your contractors and/or lender right from the program provided you have
a modem. Otherwise if you have an efax program you can print to that and
fax, or print to a pdf writer and email it to your contractors.
When the bids come back to you and
you input the changes you can print the entire report with the push of a button. The
program selects your "group" of forms to print so you don't
have to wonder which forms to turn in to the lender... the program prints
all you need automatically...the loan closes.
You get a call a short
time later when the contractor is
ready for the first draw inspection. You merely click on the "first draw
package" and you get a complete set of the bid specs, a progress payment lien
release, a final lien release, a mortgagee's letter of completion, Draw Request #1, and a
change order blank. These are all necessary to prepare you for the first draw in case it
is complete and to provide the necessary forms in case there are other contingencies. In
any case you are fully prepared for the first draw.
You get back to your office and
create the "back" so you can mail off draw request #1 to the lender. You should
also input that draw request and print the next draw inspection report (Draw #2)
and keep it in your folder so you
are ready for the next draw. This way, when you get a call for draw #2, you just grab the
file folder and go... I typically carry the active folders with me in
case they call and I'm in the area. This gives me the opportunity to
complete a draw in much less time and when I'm already enroute.
We've tried to make this as complete
as possible to make your job easier and more organized while keeping the cost of the
software to approximately that of one single project. You can't afford not to upgrade your
system with the 203k Consulting Software by
www.203kOnLine.com.
now on
sale
Your investment is
only $699
about the cost of one job.
"The
Mike Young Team" is here to serve you
If you
already have an older version of our software you can
upgrade for
$349
...
about the cost
ABOUT HALF THE COST of a single project
just click
here to
Learn how to use the newest version of our software
This is more
than just a software program... It's a way to improve your effectiveness in
writing the reports while protecting yourself and your lender.
Send to:
203kOnLine.com
1351 Oliver
Road, Fairfield, CA 94534 / 1.707.812.7668
1.704.451.1599 or
toll free 1.877.207.6565
Need training to build your consulting business?
Return to the Home Page
Our software is being used
successfully all across America and is considered the "best presentation of a
finished 203k consultation product" by the lenders who know.
Take a look at the
User's Manual
See actual screen shots of our software
2/2004 The MBAs of Texas, Oklahoma and New Mexico voted our software
output as "The best 203k presentation they have ever seen"
203k
Software Available now! (Version 8.0.167) and you will get the
updated version 2011 in July 2011 when it is available with no upgrade
charge
Click
Here to order
online.
Buy our latest book - click on
the book to learn more
or click on this link to
Buy Now
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