Home Buying in "M" Streets>Question Details

Lisa, Home Buyer in Dallas, TX

How can I get advice on modernizing a home?

Asked by Lisa, Dallas, TX Fri Jun 27, 2008

I have found a house that I am very interested in buying. However, it appears that in the past some very amateur "improvements" have been made on the home. These changes are only aesthetic, and the structure and foundation seem solid. What is the protocall on bringing in a remodeller to look at the home with me before purchasing? I want to make sure that the cost to correct previous mistakes will be worthwhile along with the purchase price.

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Answers

9
Good question Lisa, It is wise of you to get all the proper figures of how much you are going to have to spend on remodeling/modernizing before you make an offer so you don't have to end up overpaying for the house.

This is also a typical step in the homebuying process. Your Realor should be able to guide you in the entire process. People bring their families and friends to get their opinion before they purchase so why not bring in a remodeler and a second opinion so you have different bids. You also want to make sure that the owners aren't present when he is there so he can be very honest with you about what is wrong and he won't have to worry about hurting the owners feeling.

The M-Streets is a wonderful area to invest in. I have a few contacts of some very good contractors if you need a referral

Good luck to you .

Naima
214-289-8555
naima@sumner-realty.com
Web Reference: http://www.sumnerrealty.com
3 votes Thank Flag Link Fri Jun 27, 2008
Work with your agent on scheduling times for contractors to come in to give you ideas and quotes. This is something we do all the time for buyers. If you need names and numbers of different type remodelers please give me a call email.
2 votes Thank Flag Link Fri Jun 27, 2008
Lisa,

It is certainly OK for you to do this, and many sellers will allow this. There will be some sellers who will decline to allow you to bring a contractor, unless you have made an offer. These sellers will be in the minority, but be aware that the owner of this property might take that position. There will be some sellers who want to know you are qualified and serious before allowing contractors into their home on your behalf.

If you make an offer, you can write in contingencies that allow you to obtain complete estimates within your limits before finalizing your contracts.

Your approach is prudent and reasonable. Most sellers will comply with your request.

Deborah
1 vote Thank Flag Link Sat Jun 28, 2008
Deborah Madey, Real Estate Pro in Red Bank, NJ
MVP'08
Contact
In addition to my real estate license, I am also a builder/contractor. My husband and I have had a construction company for many years and often work with my real estate clients in the same position as you. If you have a realtor, ask him/her for recommedations for a contractor, or feel free to call/email me. Best of luck, Monica Grosz, 214-762-1515, monicagrosz@kw.com
1 vote Thank Flag Link Fri Jun 27, 2008
Lisa,

If you feel more comfortable bringing in a remodeller, architect, engineer or whomever, you can just schedule another look at the home and bring those people with you. The people want to sell their home and will accommodate you to do your due diligence in order to feel comfortable to buy it. :)

Please let me know if I can help in any other way.

Happy to help,
Terri Hayley
1 vote Thank Flag Link Fri Jun 27, 2008
That generally shouldn't pose any problem at all. Schedule your inspection with the seller/seller's agent and bring along your general contractor - they should be able to give you general quotes pretty much on the spot (based on surface issues...obviously anything that shows up once you break into a wall is a different story).

If I can be of any further assistance, please don't hesitate to contact me at http://www.HernandoLuxuryHomes.com - I'm happy to help!

Thanks,

Josh
1 vote Thank Flag Link Fri Jun 27, 2008
You can do this. You can also do it during the option period. If you buy a home through us we have a list of remodelers that are experienced that we will provide for you.
Web Reference: http://www.teamlynn.com
0 votes Thank Flag Link Wed Jul 2, 2008
Bruce Lynn, Real Estate Pro in Coppell, TX
MVP'08
Contact
Being in the real estate business, we have plenty of opportunity to preview other homes for ideas. We feel that visiting a home gives us a better opportunity ti get an accurate feel for the property offerings. Looking at pictures is nice but being physically in the space is much better.

So,our recommenation is to preview homes to collect ideas. Going to weekend open houses may help you open your eyes to the direction you wish to go. "Seeing is believing."

Good luck,
The "Eckler Team"
0 votes Thank Flag Link Sat Jun 28, 2008
I am a Dallas real estate agent, who also purchased as investment propeties rehab and flip them. A good realtor you should be able to work with give you an overall cost and what you should do based on market trends and future shifts for appearances for homes. Contact my office if I can assist 972-699-9111, I also know contractors who might be able to assist. http://www.lynn911.com
0 votes Thank Flag Link Fri Jun 27, 2008
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