Families have asked themselves this question for a long time. Here are some questions that you need to ask yourself.
1)If I remodel, how long do I plan on living in this home?
2)Exactly what do I want to remodel?
3)How much is it going to cost to remodel?
4)Who do I get to give me estimates? Do I know someone or who do I get a referral from?
5)Once the remodeling is done and I do want to sell, will I get a return … (5 comments)
home remodeling: FHA 203K Business Stronger than Ever
- 11/24/12 09:47 PM
“FHA 203K Business Stronger than Ever” Last year we had a very strong FHA 203 K business, but nothing like this year. Even though most 203K’s are purchase transactions, there are many that are refinances transactions as well. Most of these renovations are kitchens, bathrooms and roof replacements, but much more can be done. I am really fortunate to have a large group of referral trades people that I send business to on a regular basis. I have seen many clients get in trouble with the wrong trades people, the wrong plumbers, electricians and general contractions. Lenders in recent years … (12 comments)
I used to get upset when I would hear many in the real estate community speak about house flipping with distain, not so much anymore. This is something that I know something about, as I have done over 500 homes in my house flipping business.
I wish I could say, I made money on each property. For us, losing money on a home, happen for one of two reasons. Reason one, I paid too much for the property. One thing to remember, the profit is always in the buy. Reason number … (3 comments)
home remodeling: RED DOOR FOR THIS NEW LONDON, CT HOME
- 06/28/12 10:46 PM
“Red Door for this New London, Ct. Home” My wife and I have been flipping homes since the mid 70’s. Not something we have ever taken any seminars to do, but we know how to do them right. One thing that has always been a signature for us, is color. We never do off white or plain colors of any kind. Especially the front and back doors. The home that we just competed in New London and is now on deposit has beautiful red doors in the front and back. We actually use the same red as a trim, including the … (2 comments)
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