My Rehab Consultant Weekly Newsletter

203(K) Opportunities Are All Around Us

At My Rehab Consultant (PPT Inspections), we’ve spent decades helping Detroit-area buyers, agents, and lenders transform distressed properties into dream homes using renovation financing — and there’s no better tool than the FHA 203(K) loan.

From the urban core to surrounding suburbs like Southfield, Troy, Sterling Heights, and beyond, we’ve seen how the 203(K) program makes homeownership accessible and revitalizes neighborhoods. We provide more than just inspections — we deliver full scope 203(K) consulting with support in planning, budgeting, and keeping renovation projects on track and HUD-compliant.

Our role is to be your trusted partner through the entire process — from initial feasibility to the final draw.

🌟 Our Role in Building the Future

In addition to our work on the ground, we proudly serve as the Northern Chapter President of NAFHAC — the National Association of FHA Consultants.

This leadership role gives us the opportunity to help set national standards for excellence in renovation consulting and advocate for the tools and training that benefit our industry. We're passionate about making 203(K) loans easier to understand, access, and complete — for everyone involved.

🔍 Did You Know?

• Over 70% of homes in Metro Detroit were built before 1978, which means lead paint, outdated wiring, and poor insulation are often hidden issues. The 203(k) loan allows buyers to fix these safety and efficiency problems with financing built into the mortgage.

• A consultant-managed 203(K) project protects the buyer, seller, and lender by ensuring repairs are done properly, with funds released only when milestones are verified.

• Many lenders and agents avoid homes that “need work,” but with a strong inspection and a 203(K) consultant, those homes become value-creating opportunities.

📈 Market Minute

This fall, we’re seeing a rise in rehab mortgage applications as interest rates fluctuate. Buyers are more open than ever to homes that need updating — if they can finance the repairs.

The 203(K) is the solution.

We’re also seeing more lenders embrace this loan product as a way to stand out from competitors and retain clients who might otherwise be priced out of turnkey homes.

🛠 Tool of the Week: Our Full Service 203(K) Consultation

We offer a streamlined 203(K) consultation process that includes:

• A thorough property inspection

• A HUD-compliant feasibility report

• A repair scope and cost breakdown

• Guidance with contractor selection and draw schedules

Our service makes it easier for agents and lenders to say YES to challenging properties, and helps buyers move forward with clarity.

📞 Let’s Talk!

We’re here to help you close more deals, serve more clients, and transform more Detroit neighborhoods — one rehab at a time.

✅ Schedule a 203(K) consultation with us

✅ Reach out to Leon Mallett at Title‑Connect for trusted title support

✅ Ask us how NAFHAC can support your business as an agent, contractor, or lender

Visit: www.pptinspections.com

Or call us directly (313 399-7016) to get started.