Our consulting services include:
Initial Property Inspection: Evaluate existing property conditions and identify required repairs and proposed improvements.
Feasibility Studies: Evaluate whether the proposed renovation project is practical under FHA 203(k) program requirements.
Work Write-Ups: SOR : Prepare detailed construction specifications outlining the required renovation work.
Construction Cost Estimates: BOR :Develop itemized repair and improvement cost estimates.
Contractor Proposal Reviews: Compare contractor bids with the approved scope of work.
Draw Inspections: Inspect completed construction work and prepare required documentation for lender draw requests.
Change Orders: Review and document proposed changes to the original renovation scope.
Final Inspections: Verify completion of the approved renovation work.Keep your home in great shape with expert repairs to doors, shelving, tile, trim, and baseboards, etc..etc..
Consultant Fee Schedule
Work Write-Up and Cost Estimate
Total Renovation Cost Maximum HUD Fee
$50,000 in renovation cost or less $1,000
$50,001–$85,000 in renovation cost $1,200
$85,001–$140,000 in renovation cost $1,400
Over $140,000 1% in repair costs, up to $2,000
Additional Consulting Services
Service HUD Fee Limit
Feasibility Study $375
Draw Inspection Up to $375 per inspection plus milage
Change Order $120 per request
Reinspection $225
Additional Dwelling Units $25.00 per unit
Milage Current IRS mileage rate, when applicable
Important Fee Information: The amounts shown are HUD maximum allowable fees, not necessarily the amount charged for every project. Actual consulting fees are established in the consulting agreement and are subject to applicable HUD requirements.
Mileage charges may apply when the consultant's business location is more than 15 miles from the property.
Who We Work With
Homebuyers and Homeowners: Purchasing or refinancing a property that needs repairs, upgrades, or major renovations.
Mortgage Lenders and Loan Officers: Seeking experienced HUD 203(k) consulting services and timely renovation documentation.
Real Estate Agents: Assisting buyers interested in properties that require repairs or may not qualify for traditional financing in their current condition.