 colin
Moderator
Joined: 30 Jun 2006
Posts: 602
Location: Waltham, Massachusetts
112.65 Dollars($)
|
 Posted: Tue Nov 21, 2006 2:51 pm Post subject: |
|
|
Hi Olsen,
With the financing from Section 203(k) you are allowed to make the following types of improvements:- Structural alterations & reconstruction.
- Modernization and improvements to the home's function.
- Elimination of health and safety hazards.
- Changes that improve appearance and eliminate obsolescence.
- Reconditioning or replacing plumbing; installing a well and/or septic system.
- Adding or replacing roofing, gutters and downspouts.
- Adding or replacing floors and/or floor treatments.
- Major landscape work and site improvements.
- Enhancing accessibility for a disabled person.
- Making energy conservation improvements.
Hope the answer provides you a clear understanding of the allowed improvements that can be made to the property.
Let me know if you have any other query.
Colin |
|
