This inspector faced ridiculous heating bills last year in New Hampshire during what is probably going to be labeled as the worst winter in history. So after paying more than $4000 for the winter on heating oil, I am resolved to not allow a repeat of that this coming winter.
Although the American Society of Home Inspectors does not require environmental testing as part of its standards of practice, home inspectors – especially New Hampshire home inspectors – should seriously consider offering radon testing as a service to customers.
What is radon? Radon (Rn) is a colorless, odorless, naturally occurring gas that comes from the decay of uranium in the ground. It is a known carcinogen and, according to the U.S. Surgeon General, is the second-leading cause of lung cancer – second only to smoking.
HUD’s Section 203(k) loan program is one of many FHA programs that make mortgage credit available to borrowers who are buying or refinancing houses in need of repair or modernization.
Unlike conventional rehab programs, the 203(k) has the same relaxed credit- and income-qualifying and low-down payment guidelines as other FHA loan programs. The program is ideal for those who may not otherwise qualify for conventional loans due to income, credit, and/or down payment limitations.
On our News/Resources page, we’ve included links to helpful sections of the Department of Housing and Urban Development website for those seeking more detailed information.