HUD & FHA 203K Home Inspectors

FHA-SECURE PLAN HELPING TENS OF THOUSANDS OF FAMILIES KEEP THEIR HOMES

New HUD data shows program has helped 33,000 homeowners prevent foreclosure in three months!

WASHINGTON - In response to the Bush Administration's plan to help families avoid foreclosure, tens of thousands of homeowners are refinancing their exotic subprime loans with HUD's new government-backed mortgage product. HUD Secretary Alphonso Jackson today announced that more than 33,000 borrowers have already refinanced their subprime home loans with FHASecure, a government-insured foreclosure avoidance initiative created in September. An additional 20,000 are in the pipeline for approval this month, bringing the total to more than 53,000 in a four month period.

"FHASecure is providing tens of thousands of families with a powerful incentive to obtain affordable and safe home loans," Jackson said during his keynote address to the Office of Thrift Supervision's National Housing Forum. "Homeowners finally have an opportunity to save their American Dream without risking their financial future, and they're taking advantage of it everyday."

"This is a decisive moment in the economic history of our country...We must turn the housing market around, and create greater stability and predictability...In the near future, homeownership should continue to be the bedrock of our economy, this time with affordable loans that won't implode,"Jackson added.

For more information about FHASecure or to find the nearest FHA approved lender, phone 1 (800) CALL-FHA (225-5342) or visit www.FHA.gov. To read the Secretary's remarks from today's National Housing Forum visit: www.hud.gov/news/speeches/ .

RECENTLY RELEASED FROM HUD

The Department of Housing and Urban Development (HUD) recently revised its HUD-92564-CN Form urging prospective homebuyers to obtain a home inspection prior to purchasing a new home. In the past, real estate agents were encouraged to inform buyers of the benefits of an inspection. However, HUD is now recommending that any application for pre-qualification from mortgage companies and FHA / VA / HUD Housing Authorities now provide this valuable information to their applicants. According to the American Society of Home Inspectors (ASHI), the new flyer "command[s] the attention of homebuyers, prompting them to stop and think seriously about getting a home inspection."  The Congressional Hispanic Caucus (CHC) also praises this as a strong, positive message to the Hispanic homebuyer market.

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Newly release flyer from HUD explaining the need for a home inspection and radon gas inspection
Commercial Property Inspections require licensing, certifications, and experience from the State of Florida.  CBI have inspectors who specialize in HUD, FHA 203K,  and SHP home inspection programs, as well as Housing Rehab projects.  All our home inspectors hold one or more of the following memberships, licenses, and/or certifications as:
  • State Certified Building Inspectors,
  • State Certified Building Plans Inspectors,
  • State Certified Municipal Fire Safety Inspectors,
  • Housing Rehabilitation Inspectors,
  • FHA 203K Housing Inspectors,
  • The International Building Code Congress (ICC),
  • The American Society of Home Inspectors (ASHI),
  • The Florida Association of Building Inspectors (FABI).  

In addition, several of our inspectors also hold Building Contractor licenses to handle all your new construction inspection needs.

Through these associations, CBI Inspectors obtain and keep abreast of the latest technology and innovations in the Home, Building, Mold, Radon, and Termite inspection industries.

And, since we are experienced, licensed, and certified, we can inspect the work of Builders, Contractors, and other home inspectors on residential or commercial buildings.

CBI Inspectors adhere to the industry Standards of Practice & Code of Ethics. In addition to these standards, our inspectors must earn continuing education credits by attending regular seminars/workshops to continually maintain their membership in the above associations and keep their proficiencies current.