Can I replace a failed retaining wall with the FHA 203k loan program?
By Mike Young, FHA 203k Consultant 916-758-1809
(203kOnLine.com, covering the USA)
Can I replace a failed retaining wall with the FHA 203k loan program? Yes, you can. Some of the questions we get from time to time puzzle me but yes. you can replace or repair a failed retaining will with this terrific program. HUD/FHA are all about Safety, a failed retaining wall is a safety hazard so it can be and should be included in the repairs of the home. You need $5.000 in "necessary work" before you can use the full 203k program and health and safety items are the easiest and most obvious way to reach that plateau. We see all kinds of retaining walls in our everyday work schedule. Here are a few examples of some of the retaining walls we have seen recently. Any and all of them can be used in the process of an FHA 203k repair there is no restriction on the type of reta...