If space is tight, consider using a panel saw to cut large sheets down to smaller sizes instead of setting up to handle them full size. When building overhead shelves, consider that a comfortable vertical reach is from 77-in. to 88-in. Normal horizontal reach ranges from about 15 1/2-in. to 20-in.
This is a loan that enables the homebuyer to finance both the purchase and rehabilitation of a home through a single mortgage. A portion of the loan is used to pay off the seller’s existing mortgage and the remainder is placed in an escrow account and released as rehabilitation is completed. Basic guidelines for 203(k) loans are as follows: The home must be at least one year old. The cost of rehabilitation must be at least $5,000, but the total property value-including the cost of repairs-must fall within the FHA maximum mortgage limit. The 203(k) loan must follow many of the 203(b) eligibility requirements. Talk to your lender about specific improvement, energy efficiency, and structural guidelines.