What to do when you find out your customer may be over improving their home? Under Appraisal Troubleshoot Process - Did the appraiser consider the After Improved Value with all the upgrades? Is the Customer willing to bring the difference? Are there items in the bid NOT affecting the value? Will the appraiser make recommendations? Links to my favorite "Value / Not Value" articles https://www.familyhandyman.com/list/home-renovations-that-instantly-add-value-to-your-home/ https://www.homeadvisor.com/r/raise-the-value-of-your-home-with-these-remodeling-tips/ https://www.bobvila.com/articles/5-maximize-your-remodeling-dollar/
In this episode we'll cover what covid-19 is doing to the housing market particularly Renovation choices.
Don't select one without listening to this first!
Who are the top 4 beneficiaries to Renovation Lending? In this episode, I'll walk you through them!
Want to know whats trending in buyer wants and needs?
Sean helps Renovation Loan consultants justify the price of Renovation Lending with these four benefits - 1 - It's based on the After Improved Value 2 - Can be a very small down payment on the total 3 - The monthly payment is much more affordable 4 - We're going to help you "vet" you contractor choices and manage the project.
In this episode of the Renovation Run Down, I congratulate our Renovation Lending Leaders at Caliber Home Loans and talk monthly payment savings when using a Renovation Loan VS other means of Renovation Financing. Facebook - @TheRenovationGuy www.facebook.com/TheRenovationGuy Twitter - @203k https://twitter.com/203k YouTube - The Renovation Guy The Renovation Lending Guy Instagram - @FHA203k https://www.instagram.com/fha203k/ PodCasts Anchor - All Things Sean Thompson! “The Renovation Guy” https://anchor.fm/all-things-sean-tho... Pocket Casts - All Things Sean Thompson “The Renovation Guy” https://anchor.fm/all-things-sean-tho... iTunes / Spotify - All Things Sean Thompson “The Renovation Guy” Dual financing scenario was on the assumption of a Conventional 30 Year Fixed, 95% LTV Loan. 4.5% Note Rte. 4.99% APR. Personal loan was based on my own study and investigation. Caliber Home Loans does not offer Personal, unsecured Lines of Credit. The Renovation Scenario was based on
In this episode Sean opens up the hood and shares with you some renovation prospecting secrets on Zillow!
Renovation Lending can provide for the things you "need" to do, while also allowing you to finance the things you "want" to do! But, how do you find out what "needs" to be done? Listen to this!
Sean gives tips on staying focused and not bucking the system.
A call to 1st Time Home Buyers! STOP - You need to hear this!
We discuss the upcoming events. The Atlantic City Builder Convention and our Spring "Buy it! Fix it! Home Tour"
Sean talks Renovation Financing Innovate or Die! Toy R Us is gone. FNMA Updates to the Homestyle Renovation Loan
Michael Borodinsky, New Construction Expert and yours truly talk - Interest Rates Moving Finding a Good Contractor New Construction in the North East HGTV Shows...the good, the bad and the fake.