HUD 203K Consultant

Feasibility Study (w/o Work Write Up)

A Feasibility Study is to determine if the project is financially feasible. The property is inspected to determine HUD Minimum Property Standards, borrowers desirables and other factors. The consultant will have to create a Cost Estimate on the proposed rehab project and to determine local Municipally and Lender's requirements. The fee is only charged if the rehab project does not go to the Work Write Up stage. Fees are Nonrefundable.

$ 400

Feasibility Study (w/ Work Write Up)

A Feasibility Study is to determine if the project is financially feasible. The property is inspected to determine HUD Minimum Property Standards, borrower's desirables and other factors. The consultant will have to create a Cost Estimate on the proposed rehab project and to determine local Municipally and Lender's requirements. The fee is only charged if the rehab project does go to the Work Write Up stage. $300 of the $400 of the Feasibility Study fees will go towards the Work Write Up Consultant fees.

$ 100

Architectural Exhibit Package

The Consultant must prepare or obtain and review all applicable architectural exhibits. Architectural exhibits may include, but are not limited to, the following:


  •  Well certification
  •  Septic certification
  •  Termite report (including all outbuildings)
  •  Proposed plot plans for new additions
  •  Foundation certification by a licensed structural engineer if:

    •     o the existing Structure will be moved to a new foundation;
    •     o the Structure is being reconstructed on the existing foundation; or
    •     o the existing Structure will be elevated.

  •  Cabinetry plans and elevations
  •  New Construction exhibits to obtain a building permit for an addition
  •  Grading and drainage plans or
  •  Engineering and soil/geotechnical reports.


My Rehab Consultant (PPT Inspections) can provide the following Architectural Exhibits services for an additional cost:


  •  Termite report (including all outbuildings)
  •  Proposed plans for new additions
  •  Cabinetry plans and elevations
  •  Home Modifications
     

please call for quote.

Compliance Inspection

When the Consultant have to reinspect the property after the project inactivity, 30 days from the original Feasibility Study walk thru.

$350

REPAIR AMOUNT: CONSULTANT FEE*:

$ 5,000 - $ 7,500

$ 400

$ 7,501 - $ 15,000

$ 500

$ 15,001 - $ 30,000

$ 600

$ 30,001 - $ 50,000

$ 700

$ 50,001 - $ 75,000

$ 800

$ 75,001 - $ 100,000

$ 900

$ 100,001 - $125,000

$ 1,000

$ 125,001 and up

1% of the total construction cost.

Change Order

$ 100

Re-Inspection

$ 50

Mileage

$ .58 cents per mile - each direction***

Draw Request

$350 per inspection**