what kind of improvements I can make

Hi Olsen,

With the financing from Section 203(k) you are allowed to make the following types of improvements:

• Structural alterations & reconstruction.
• Modernization and improvements to the home's function.
• Elimination of health and safety hazards.
• Changes that improve appearance and eliminate obsolescence.
• Reconditioning or replacing plumbing; installing a well and/or septic system.
• Adding or replacing roofing, gutters and downspouts.
• Adding or replacing floors and/or floor treatments.
• Major landscape work and site improvements.
• Enhancing accessibility for a disabled person.
• Making energy conservation improvements.

Hope the answer provides you a clear understanding of the allowed improvements that can be made to the property.

Let me know if you have any other query.

Colin

Thanks colin for giving such a detailed description of the improvements allowed with the available finance