Friday, March 24, 2017

Streamline fha 203k loan gone bad. Need advise?

Hello, my wife and I bought a house March of last year using streamline 203k financing. The contractor that we used for the financing walked away and everyone else we asked for quotes were a lot more expensive not to mention unforeseen additional repairs. This is when we made a poor decision. I did a lot of the work myself. The lender sporadically emailed us throughout the year but never did much else. But now they are asking for an appraisal. What should I do from here. Not sure what the consequences might be. Thanks

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