Showing posts with label Construction. Show all posts
Showing posts with label Construction. Show all posts
Saturday, January 5, 2013
Flooring not completed, yet money was given.
We work hard for our money, therefore looking for deals to save money and stretch our paycheck has become an art form. The most common way is cutting coupons, but how about searching Craig's list where we find anything from clothing to cars? We all want a deal! and searching for special pricing for our home improvements projects is no exception.
Often we are asked about money saving ideas for new cabinets, counter tops and flooring. Counter tops, cabinets and flooring come in several price ranges to choose from. The cost for labor is usually standard, unless you look on sites such as Craig's list for a deal. I understand why looking for a person who can put in flooring or painting the home for less money is appealing. More often than not in the end, the deal we received could cost more money for the homeowner.
In an article written by LiAna Gonzales with 3TV An Arizona resident wanted new flooring in her condo, she looked on Craig's list, as we do when looking for a deal, only to end up with an unfinished floor. .http://www.azfamily.com/news/consumer/3OYS-Confronts-Craigslist-Contractor-185603631.html
When it comes to labor intensified items such as a new roof, adding/removing a wall, painting or new flooring it's best kept for the licensed Contractors. License Contractors are required to provide insurance to cover any unforeseen circumstances. In the case of the Arizona resident a deposit was given, some work was completed however the homeowner felt she exhausted all her options to get the job completed and looked to 3TV for assistance. There are actions you can take to ensure this does not happen with your project.
Please do some research on the person and or company. They must be licensed to perform work in your home. Why? you ask. Here is a list of items I have heard about this past year.
1. The person I hired to replace my baseboards took my deposit and I have not heard from him in 3 months.
2. Once the painter was gone we noticed all the windows have over spray. They need to be replaced however the person I hired will not replace them.
3. The flooring that was installed is not what I wanted, the installer will not fix the error.
4. When the installer we hired to replace the flooring in our bathroom broke the toilet they would not replace it.
Research any company you are looking at hiring. They are in your home, be sure they do not have disciplines. Looking to the Registrar of Contractors for any complaints or disciplines. Type in the name of the company as well as the owners name.
The Better Business Bureau will offer the rating and any disciplines the company would have.
And of course, Google the company name and the owner.
A licensed handy man will be great for some projects and can even save money. When it comes to larger projects especially ones that could require permits I recommend hiring a licensed general contractor. Remember if you are having someone in your home research them to ensure your home is kept safe.
Happy New Year! Enjoy Your Family! Enjoy Your Home!
Wednesday, January 25, 2012
There is no time limit after the completion of the short sale (title
is transferred to the new owner) to the credit approval date on a new
loan as long as the file meets the following requirements:
According to Ted Canto here are some of the requirements needed. For more information see his site.
Must be able to indicate and document to the best of the borrowers’ ability:
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Evidence that the borrower did not Short Sale their previous property to take advantage of declining market conditions, and / or
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To purchase another property, at a reduced price, a similar or superior property within a reasonable commuting distance. (No less than 100 miles as directed from HUD)
Does it seam like the best neighborhoods only have distressed home? PERFECT! This can help you! I know it seams overwhelming, however with a qualified Contractor the worries will be gone. Knipp Contracting can help you with renovations within your budget, making the distressed home the home of your dreams.
Before and after photos of a renovation home. Sometimes all a home needs is a little painting or flooring It's cheaper than you think.
Before

After 
Before For more information contact us at:
623-561-0803 sales@knippcontracting.com
After
Sunday, January 15, 2012
Should I use a 203k loan?
Have you found the neighborhood of your dreams but the home was less than desirable? It can be overwhelming to think of renovating a home on your own. Where ever I go people are asking me about the 203 k loan and who they should contact. I have put together a few of the frequently asked questions about Realtors, Loan officers and inspections.
The Renovation loan program is designed for current and potential home owners to finance both the purchase price and the cost of renovations. What does this mean? Location, location location! You can now find a distressed home in the neighborhood of your choice. It's ok if you are not a handyman, the 203 k certified contractor can help you with the process.
Are you looking to repair, replace or upgrade plumbing or electrical systems, how about upgrading your kitchen or bathroom. replacing your countertops? The renovation home loan is a good avenue to take.
What type of home can you buy ? Any type! If you see a home in a neighborhood you desire, then it has the qualifications needed, as long as after the renovations of your home appraised for 110% of after rehab value.
The HUD Home has many options for the homebuyer, with its down payment assistance program and many homes available in your area. Look for a HUD Broker in your area for more information. Arizona or Las Vegas
Seaton & Associates is a company we have worked with for several years with an excellent reputation.
As your 203k consultant, Kathy M Seaton will help assist you through the journey of your 203k home rehabilitation project. From step one with the initial consultation all the way to completion, Kathy will be there to answer all questions and lead you in the right direction. With over 14 years of experience and over three hundred 203k loans successfully completed, you can be assured that your loan will be provided with the highest level of expertise and care.
Confused about who you should contact first? I would recommend a loan officer who is certified in the 203k loan
process.
If you go to Renovation Loan Program, you will find several loan officers that can answers questions for your specific home.
For more information you can contact us: Knipp Contracting
Confused about who you should contact first? I would recommend a loan officer who is certified in the 203k loan
process.
If you go to Renovation Loan Program, you will find several loan officers that can answers questions for your specific home.
For more information you can contact us: Knipp Contracting
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