Okay, maybe I should provide a little more information.
We paid the HUD consultant over $750 to do a "feasibility study" on the house (required by FHA). This study was supposed to cover all the bases and list everything required to get the house up to minimum codes and HUD requirements. He also...
My wife and I got a 203k on an old house, which is in a flood zone. We went through the whole process of getting contractor bids, a HUD consultant approved the bid, and the loan closed. When the contractor went to get permits, the city said since the rehab cost is greater than 50% of the home’s...