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 Feasibility Study

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Feasibility Study

The following items are completed to assist in determining the value of the property to the purchase price(or existing indebtedness):

  • Rough cost estimate of the work.
  • The extent of the rehabilitation work that is being required.
  • The expected market value of the property after completion of the work.

It is recommended that the above be determined prior to: an appraisal, a consultant's work write-up and plans paid for.

The rough cost-estimate of the work and expected market value of the property after completion of the work, will help to pre-qualify the borrower and avoid spending too much on repairs and improvements without a return in home value.

 

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At Sun West, the complete loan cycle is processed in-house. From origination to underwriting and servicing, Sun West ensures you receive a simpler, faster, more direct borrowing experience with no back and forth intricacies. To see if you are pre-qualified or to obtain more information, call (866) 740 3677.

 
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