by kramoltz@hotmail.com | Dec 28, 2018 | Home Ownership
Numbers 6 -10: 6. Get a Written Contract. Obtain and keep a written copy of all contracts, change orders, and receipts. Contracts for jobs costing more than $1,000 are required by Arizona law to provide specific information about the project (e.g. a description of the...
by kramoltz@hotmail.com | Dec 10, 2018 | Home Ownership
1. Verify the Contractor is Licensed. Verify the contractor is licensed and has the correct license for your specific project by going to www.azroc.gov, and check to see if the contractor is in good standing and has any past complaints. 2. Three Bids. Ensure you...
by kramoltz@hotmail.com | Nov 29, 2018 | Home Ownership
Are You Insured? Protect yourself during your next major remodel: 1. Make sure the contractor has insurance for not only injuries and property damage, but also negligent workmanship and injuries sustained on the job. Check also for workers’ compensation and...
by kramoltz@hotmail.com | Oct 8, 2018 | Home Buying, Mortgages + Lending
The FHA 203(k) program is a loan product designed to help owner-occupants remodel a home. Available when purchasing or refinancing a home, it wraps the purchase/refinance and rehabilitation costs into a single mortgage. To qualify for the loan, the total value of the...
by kramoltz@hotmail.com | Sep 7, 2018 | Home Buying
1. Check permits and their cost. Find out if the work to be done requires a permit and how much that permit costs. Factor the cost, time and aggravation of permits into your plans. 2. Determine whether you will supervise subs or hire a general contractor to do so. If...