Remodeling Impact Report
The National Association of Realtors recently published the 2015 Remodeling Impact Report its definitely worth looking at. The report ranks projects likely to increase value. Kitchen Renovation Bathroom Renovation New Master Suite New Wood Flooring Etc (see report) The report goes into a lot of detail including estimated costs and how much the value is increased. ... Read More
Need Your Help Building “The Bar”!
YTD Dollar Amount Of Repairs Completed: $167,481.10 It seems that now days appraiser required repairs are almost the norm. Looking back at the loans my team closed so far in 2014 over 40% had one repair or another required by the appraiser. There is a misnomer out that that conventional financing is some how shielded... Read More
Completed Repairs
2014 Dollar Amount Of Repairs Completed: $179,425.10 It seems that now days appraiser required repairs are almost the norm. Looking back at the loans my team closed in 2014 over 33% had one repair or another required by the appraiser that couldn't be completed prior to closing. There is a misnomer out there that conventional... Read More
Need Money To Fix Those Frozen Pipes?
Buuuurrrrrrr! It's Cold outside! With all the cold weather + foreclosures = FROZEN PIPES! We have a program to finance all that work into the loan. Its called our 203k renovation loan. Not only can we finance in busted pipes, but all sorts of things from kitchen remodels, bathrooms, additions, finish basements, etc. . .... Read More
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SELLER CONCESSIONS VS. PRICE REDUCTION
SELLER CONCESSIONS VS. PRICE REDUCTION: WHICH SAVES YOU MORE CASH IN KALAMAZOO?
Are you preparing an offer on a home in Kalamazoo, Portage, or Texas Township and trying to get the best financial deal from the seller?
Yesterday, a move-up buyer walked into my office after touring a spotless four-bedroom colonial near Westnedge Hill. The home listed at $310,000. They wanted to negotiate $10,000 off the deal to make their overall purchase more affordable.
Their immediate thought was to offer $300,000.
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