New City’s experience with the 203k loan process makes working with us so much easier for HUD inspectors, home buyers, real estate agents and loan officers. Because we’re experts in these projects, we:
- Understand each stage of the process and anticipate next steps; this keeps the project on schedule
- Accurately scope the project to meet local building codes and HUD guidelines; this keeps the project on budget and prevents unnecessary delays
- Manage our operations and cash flow efficiently to be able to work on projects that operate on a “pay-as-completed” basis
YOUR BEST PARTNER IN THE PROCESS
If you are a HUD inspector, New City:
- Provides a line-item specific project scope; the scope document that New City provides for you is specifically crafted to match the documentation you provide to your client
- Facilitates efficient inspections; we know how significant it is to have tasks completed before you arrive, so you can inspect them with no contingencies
- Enables a simple change order process
- Keeps projects on schedule, so milestones happen when you expect they will
If you are a home buyer, New City:
- Accurately scopes the required repairs and renovations for your home, so you get the finished product you expected with no surprises
- Delivers projects on time, so you can enjoy your beautifully-renovated home sooner
- Works directly with inspectors to facilitate home inspections, reducing your hassle
If you are a real estate agent, New City:
- Equips you with tools so you can educate your client about the level of renovation required on each property you view
- Offers free estimates and feasibility studies to help you and your client identify the perfect property
If you are a loan officer, New City:
- Is licensed and insured to ensure a smooth validation process
- Generates clear, specific, line-Item proposals the way you like them, divided into trade categories
- Submits scope estimates, COI’s, and all necessary paperwork in a timely manner
