Successful home rennovations begin with a plan, budget and a team to make it happen. We are here to help you every step of the way. Get a PRE-Purchase Feasibility INspection and rehab cost estimate BEFORE you even make an offer. This will help you make better decisions, help you be prepared for more timely settlement and control your budget. Let our 203k Experts and our referrals help you build YOUR Team: Consultant-Contractor-Lender-Realtor A successful 203k project or any home renovation begins with you in mind. OUr renovation consulting services are available on any type of renovation financing and while we service Maryland, DC and Virginia directly, we offer referrals anywhere you need one! Check out our BLOG: http://TodaysHomeRenovations.com Email us today: vsimone@203kServices.com Call: 410-952-5595

1. FHA 203k Financing Presented By Vito Simone HUD Certified 203k Consultant

16. Step 1: Submit a Draw Request Package Step 2: Request a Change Order Step 3: Submit a Final Draw Request Package Step 4: Release of Holdback Funds Step 5: Payment of Interest from the Repair Escrow Account The 203k Draw Overview Borrower & Consultant Responsibility Lender Responsibility © 203kServices.com

19. The Draw Request Form © 203kServices.com

20. Lien Waivers Definition: Prevents contractors from placing liens against the property when they have already been paid. A signed lien waiver must be submitted for each contractor. There are two types: 1. Conditional Lien Waiver 2. Unconditional Lien Waiver © 203kServices.com

27. Vito Simone HUD Certified 203k Consultant [email_address] 410-952-5595 www.203kServices.com