Many people have never heard of or considered having a carbon monoxide detector installed in their home. I was one of these people until I was in the process of becoming a foster/adoptive parent and having a carbon monoxide detector in each room in my house was required. I didn’t understand why this was necessary at the time, but I knew that I wanted to make my house as safe as it could be for my future children. So, I hired a professional to install a detector in each bedroom and main living area in my home. Although, I knew that I could install them myself, I wanted to make sure that it was done correctly. You might ask why is this important or even what is carbon monoxide and how does it get into my home?Continue reading “Carbon Monoxide: Colorless, Odorless, Tasteless and Deadly. Why You Need a Carbon Monoxide Detector in Your Home”
In this month’s Advanced Home Inspection blog, we discuss the many advantages of a HUD 203(k) rehab loan. With high home prices and low inventories throughout the state, many first-time home buyers in New Hampshire are entering the housing market with the help of a HUD 203(k) rehab loan.
What is a HUD 203(k) Rehab Loan?
The HUD 203(k) rehab loan is a specialized renovation or construction loan that’s backed by the Federal Housing Administration. It is unique in that people can borrow money equal to the estimated appraised value of their home after the repair work is completed. No other rehab loan (or other type of loan) offers this.
“Through a 203(k), you can get into a home at a lower price than you could through any other loan program,” says David Cassavaugh, licensed home inspector and owner of AHINH, one of the only certified HUD 203(k) consultants in NH.
Continue reading “Advantages of a HUD 203(k) Rehab Loan for First-time Home Buyers”