remodeling: When asking questions on remodeling your property, you may want to talk to more than one department
- 01/25/10 05:31 AM
Recently, one of my clients got real lucky when they went to buy some kitchen cabinets. Instead of making a huge commission and keeping their mouth shut, the salesman advised my clients that they should talk to another department at the county. You see, what had happened was my clients were looking to have a daycare in their basement and was given the green light on that as long as it had its own kitchen since there was going to be more than 5 children in this daycare. They were given the green light to do all this from the business department, … (12 comments)
remodeling: Recently remodeled and hey look we covered up a fire are two different things!
- 10/25/08 12:06 AM
You read the MLS and it says "REMODELED". It has an amazing price and you call your buyers who get excited and head over to meet you before anyone else has a chance to put an offer in. Now, things get exciting. The house looks amazing, so you put in an offer, it gets accepted and then you order the inspection. It turns out that remodel was only cosmetic! As the inspector is climbing in and around the kitchen, and the attic above the kitchen, he finds beams burnt through that weren't replaced, and cabinets that still have water damage from the … (18 comments)
remodeling: Don’t get held hostage on your home repairs
- 06/19/08 05:28 AM
This is a warning to anyone hiring someone to do work on their house. I had a client of mine hire a "NON-LICENCED" contractor to do some work on their home about six months ago. What happened is this "contractor" required $500 down before they started the work and the remaining was due within one week of starting the project. Well, it has now been six months and I bet you already know what happened the day they got their money. They didn't come back and finish the work and now my clients have a half done bathroom and kitchen. Six months later … (5 comments)
remodeling: Despite watching A&E you are not qualified to remodel your own home!
- 08/06/07 05:53 PM
One of my clients has had to walk away from two different homes now, because the inspector found remodeling done by the home owner that was not only not up to code, but in some cases just plain dangerous. Both these homes had non-permitted additions that had mold because of too little ventilation, and sagging roofs because no support beams were in place. A 1000 sqft addition had no upgrades to the electrical panel, just spliced wires. In one of the homes the addition was powered by two extension cords taken through the wall. My favorite was the skylight with a wonderful water … (6 comments)
remodeling: Beaverton Oregon Real Estate: Don’t Out Improve Your Neighbor
- 05/20/07 08:51 AM
I know you have all seen it. You drive into a neighborhood and there are all these house that look about the same. Then there is this one that looks like a castle that has been misplaced. It has been added on to, it has had the best landscaping money could buy. But it just doesn't look right in the neighborhood Some people buy a home plan to live there the rest of there lives and over improve for themselves. The problem is in 10 years when they decided to move because of a job change they have a home they think … (0 comments)
remodeling: Lease your rehab to profit
- 03/26/07 06:13 AM
Are you an investor that buys property, fixes it up and then sells it again as quickly as possible? Let me show you why you are throwing thousands of good dollars down your brand new drain. First of all you bought the property for somewhere from 50-70% of the ARV. (After Rehab Value) This is a wonderful start. Now you will put 10-15% average in to the property to bring it up to 100% market value. This is where most investors make their mistakes and throw away thousands of dollars. It has been usually between 3-6 months since you bought the property … (1 comments)
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Recently, one of my clients got real lucky when they went to buy some kitchen cabinets. Instead of making a huge commission and keeping their mouth shut, the salesman advised my clients that they should talk to another department at the county.
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