FIXER UPPER AGENT (FUA)
Training Course Overview
The predominant source of homes for sale is existing housing. In NJ, almost 60% of homes were built before 1970. Those homes are 50 years old! Close to 75% of homes are 30+ years old and getting older. In many neighborhoods foreclosures stand vacant on many streets. New home construction has not kept up with demand since the Great Recession. Many homes on the market today are not the “dream homes” we see on HGTV, but they can be!
With the right preparation, guidance and support, any home buyer can use Renovation Financing to buy a FIXER UPPER and make any good home GREAT! This course is designed by a team of Renovation Loan experts that have worked together for over twenty years and helped thousands of families buy and update existing houses, FIXER UPPERS, and build them into GREAT homes for their families. You will learn the key steps to planning and the process, not only to get to the closing table on time, but to complete the project and help your new homeowners buy it, fix it and love their new home.
Contact us to SCHEDULE your COMPANY or to RESERVE A SEAT at a presentation near you!
Jim Ragan
Jim Ragan is one of the most experienced Renovation Lending Professionals in the U.S. After originating his first FHA 203(k) in 1988 he opened K Mortgage Corp in NJ and designed the first successful Renovation Lending Program in the Northeast. For 32 years Jim has designed and managed sales and operations platforms for FHA 203(k) and Fannie Mae HomeStyle products. During the early 90’s Jim was one of only five lenders selected to the HUD 203(k) Lender’s Workgroup that advised HUD on the redesign of the 203(k) program.
His Renovation Lending experience began as owner operator for K Mortgage Corp. in NJ, he then managed Renovation Lending for Bank of New York, and then led National Reno Programs at Bank of America, Prospect Mortgage, and Guaranteed Rate. His Renovation Lending expertise has led to starting some of the most successful renovation programs with some of the biggest companies in the industry.
