Every sale should be a renovation project

By
Home Inspector with 203kOnLine.com, covering the USA S0289

203k sell every house you showEvery sale should be a renovation project

You heard me correctly, I think every sale should be a renovation project because there is something about each and every sale that doesn't quite fit the new buyers. Now is the time to fix them or you can wait and move in and they likely won't be fixed ever. No better time than to fix them before moving in.

What kinds of repairs can be made with a renovation loan?

1) room additions,

2) remodeling, updating of existing kitchens, bathrooms, etc.,

3) adding a detached or attached garage,

4) modernizing the home... windows, doors, open walls to make a great room 

5) replacing the roof,

6) add a pool, repair a pool.

Any of these things and more can be done with a renovation loan. The key is that you can sell every house you show if you merely show the prospective buyer a home in the area they want to live in, and then make a list of the items missing that would make this their dream house... that list becomes the scope of work for the renovation project. The loan closes asap and the work begins... you are paid and on to the next sale. 

The clients get all they wanted and some of it is brand new. How cool is that?

This is particularly effective when enventories are low. 

 

 

 

 

downtown

Posted by

Mike Young, 203k Team Leader    Mike ready for your 203k order

To learn more about the FHA 203k loan program go to www.203kOnLine.comWhat is your fee? 

Got a 203k project giving you "fits" contact www.203k911.comIf you are looking for quality 203k software for consultants to speed up the underwriting process..

Skype name: the203kconsultant

following Mike Young on Twitter Facebook You Tube 203konline.com MY 203k Team bug

 

 

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Topic:
Real Estate Sales and Marketing
Location:
Florida St Lucie County Fort Pierce
Groups:
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Century 21 Network
RE/MAX Active Rain Bloggers
Coldwell Banker Group
Keller Williams Active Rain Bloggers
Tags:
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Rainmaker
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Li Read
Sea to Sky Premier Properties (Salt Spring) - Salt Spring Island, BC
Caring expertise...knowledge for you!

Excellent advice...no time for procrastination!

Jun 04, 2019 11:27 AM #1
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Rainmaker
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Mike Young

FHA 203k Consultant 916-758-1809
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