Whether you’re buying a home or your current home needs a makeover, making improvements just got easier. Our renovation loan programs can help you get those much-needed repairs or those nice to have home improvements by financing the costs into your mortgage for one monthly payment. These programs are also a great way to handle any appraiser required repairs. We have renovation loan options for both conventional and FHA loan programs.
The basic process is fairly straight forward. The first step is to identify a property and negotiate a acceptable contract. Next you will need to get a bid from a licensed contractor for any work you want to do on the home. We then order an appraisal. The appraisal is done as completed, meaning the appraiser gives us a value based on the completed project. When the appraisal comes back we button up anything else that needs to happen underwriting wise and then close on the loan. At closing the seller get’s their money and ownership of the property also changes hands. The contractor can now go in and get going on the work. Once all the work is done we reinspect the property, verify everything is done, and then pay the contractor out of the loan proceeds. It’s really that simple.
To find out more about the benefits of our renovation programs, contact me today!
Each year we try and bring relevant education topics to real estate professions. These topics are designed for agents at any level. Regardless if you are a rookie agent or seasoned veteran there is always more to learn. In this forever shifting real estate market we are here to help you level up your game! Below you will find a list of the topics we plan to cover and dates for each. For each topic we are offering a Live event and a Zoom Webinar on the same topic the following week. As the events get close we will have more details just follow the links to learn more and register for the events.
For those agents that would rather just hang out, network, & talk business we are holding a 5:01 Happy Hour called Pizza & Beer with Jeremy the third Wednesday every month.