How We Help Lenders Finish REO's and Replace Builders Who Cannot Qualify
Lenders Who Need REO Completions.
In the unfortunate event lenders take back properties from other builders or individual home owners and the project is in the bad spot of needing to be completed in order to sell Investor Construction can step in and finish the property at a discounted construction management rate acceptable to the lender. Although lenders do not want to be in this situation some construction projects are too far along to demo but not far enough for most buyers to be interested and many builders are nervous to step in and take on another builders problem. This leaves the lender in a bad spot. Investor Construction was started on the idea of low cost, flat fee construction for builders and investors so working with lenders on REO completion is no different.
Contracts Signed But Homeowners Builder Not Approved By The Lender.
It happens but builders are known for not paying bills. Unfortunately, home buyers who have hired a builder, and signed contracts, may not find out the builder has problems until the lender tells the home buyers their builder cannot qualify with the lender. Investor Construction has stepped in on previous occasions to take over construction for both the home buyer and lender. We give both the lender and home owner the comfort knowing an experienced custom home builder can step in and solve both parties problem and complete construction.
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