
What If Your Contractor Bails Midway Through a 203k Project? (How to Recover Fast!) 🚨🛠️
2/13/2026
Contractor quits or disappears mid-project on your 203k? It happens, but you can fix it without losing your loan or your sanity in 2026. Quick steps:
- Document everything (photos, emails, draws) and notify your lender immediately
- Review your contract for bonds, insurance, or recovery funds
- Find a new licensed contractor, get fresh bids, and submit to lender for approval
- Request an extension if needed (lenders often grant them for legit issues)
- Avoid paying out of pocket—let escrow protect you
Watch this quick video for the exact recovery plan, how draws get handled, and tips to prevent this nightmare before it starts! Ever had a contractor bail on you? What happened? Drop your story below 👇 #203kLoan #HomeRenovation #ContractorProblems #FixerUpper #RealEstateTips
