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Archive for Renovation – Page 2

Renovation: DIY or Hire a Pro?

From: CHBA Many homeowners enjoy do-it-yourself home renovation and repair projects. If you’re planning a project and considering the do-it-myself route, here’s some advice that may help with your plans. Do you have the necessary skills? Consider your own skills and abilities carefully. While many of today’s home improvement products are designed to make it easy […]

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FHA 203k Renovation Mortgages – The Pros and Cons

Everybody who’s looking to buy a home should at least consider a FHA 203k renovation mortgage. But I’m not going to lie — it isn’t for everyone. As with just about anything else, there are advantages and disadvantages. For borrowers with certain needs, it’s a godsend. But you need to weigh the pros and cons […]

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4 Things to Consider Before Building a Deck

From: Timber Tech What You Should Think About Prior to Getting Started Not all new decks have a solid plan behind their construction, and many homeowners will decide to install a new deck without considering potential issues. They choose instead to rely on their own experience, their understanding of regulations and codes, and home improvement […]

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5 Things You Didn’t Know About Home Renovations

From: Zillow Porchlight Ready to remodel? Add these facts to your toolkit first. Home renovations are so shiny and attractive on the surface that it’s hard to imagine the ways they can go terribly wrong. But before you can enjoy the finished result, you’re likely to hit a few bumps in the road. Here are five […]

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Costs Associated with a 203K

I write a lot about the many advantages of the FHA 203k program. How it helps borrowers create instant equity, and ultimately save money. How it also helps communities by sprucing up and getting occupants for aging housing stock, thus revitalizing the housing market. But some people have a negative attitude toward this type of […]

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The FHA 203K and Competing with Cash Offers

When we work with homebuyers who are trying to purchase REO or foreclosure properties, they often find themselves competing against cash buyers and cash investors. Banks or foreclosure representatives typically sell properties for more money when they’re dealing with end-customers rather than cash investors, which tends to make end-customers more desirable for them. I’m a […]

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Joanna and Chip Gaines Gave This Houseboat One Heck of a Makeover

From: Country Living Joanna and Chip Gaines really are the best home flippers around—and now they’ve proven their skills with homes on both land and water. On this week’s episode of HGTV’s Fixer Upper, Joanna and Chip Gaines remodeled a Waco houseboat for Brett Swartz, a father of four, and the renovation was seriously amazing. […]

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More First Time Homebuyers Open to Renovation Loans

From: Mortgage Professional America Balancing all the factors associated with home buying, such as location, features, school district and more can be tricky. But according to Perry Farella, loan officer with AmeriFirst Home Mortgage, first time homebuyers are now “working backwards” by seeking properties not for their aesthetics, but rather ones that are within the […]

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7 Elements to Include in Your Home Renovation Contract

From: Home Trends “A verbal contract isn’t worth the paper it’s written on.” While historians disagree on who came up with this timeless quote, its accuracy isn’t questioned. That’s why when you hire someone to work on your home, you need a written contract. A contract can be a simple one-page document or a “contract […]

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Do a Foundation Check: 5 Things to Watch For

From: Style Stages & Sold Take a closer look at the home’s foundation before buying, says Matt Stock, president of U.S. Waterproofing, based in the Chicago area. An undisclosed structural foundation repair could leave a new buyer facing a price tag of $20,000 or more. “We’ve seen foundations sink 8 inches,” says Stock. “That was […]

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