Remodel & Renovate in Chicago : Real Estate Advice

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Vabad, Home Buyer in Chicago, IL
Vabad answered:
I need to find a contractor that deals with 203K loans, I heard no one wants to work with this type of loan?
I have a 3 flat bldg. with finished bmt. and detached garage that needs renovation. HUD approved contractor is required. Please advise.
0 votes Share Flag Tue Aug 23, 2016 Remodel & Renovate in Bucktown
Ken Archer, Home Buyer in Olympia, WA
Ken Archer answered:
what are the legal requirements to have a room classified as a bedroom?
I have a different problem. Is it a bedroom (no loft) if it doesn't have a closing door?
0 votes Share Flag Sat Jul 16, 2016 Remodel & Renovate in 60657
Tatumlea, Home Buyer in Sebastopol, CA
Tatumlea answered:
Renovation financing options for second story addition
If your house is too small for your needs, you have two choices: move to a larger home, or add a second story.

Neither option is stress-free. Given today's depreciated home values, ... more
1 vote Share Flag Fri Jun 17, 2016 Remodel & Renovate in 60631
Jivefive99, Home Buyer in Chicago, IL
Jivefive99 asked:
New Chicago basement bathrooms ... How about the legal requirements for a basement BATHROOM? City doesnt have a permit for a bathroom but does have a permit for plumbing alterations. Does a new bathroom also require a window?…
0 votes Share Flag Wed Apr 20, 2016 Remodel & Renovate in 60640
Accurate Ins…, Real Estate Pro in Chicago, IL
Accurate Inspections & Consulting answered:
Making your basement deeper?
Realistically a $100K to lower and finish a basement compliant. However, you could easily spend more than a $100K depending on what you do. Since its probably going to have a small foot ... more
0 votes Share Flag Mon Dec 21, 2015 Remodel & Renovate in Chicago
John Meyers, Real Estate Pro in Park Ridge, IL
John Meyers answered:
Any ideas of the difference in cost between a tear-off roof on a Chicago bungalow and adding the basic construction of a couple dormers?
Hello Kirstin, A tear off will run about $10,000 compared to at least $50,000 for a couple dormers.

If you can get away with one dormer, you can maybe get it done for about $30,000. ... more
0 votes Share Flag Tue Oct 6, 2015 Remodel & Renovate in Chicago
Carlo Ruth, Real Estate Pro in Chicago, IL
Carlo Ruth answered:
FHA 203k contractors
General rec: make sure that whoever does your 203K inspection is highly qualified. AND make sure you have an adequate contingency. I've seen these 203K projects go south b/c of the fa ... more
1 vote Share Flag Sun Aug 30, 2015 Remodel & Renovate in Chicago
Noah Seidenb…, Real Estate Pro in Evanston, IL
Noah Seidenberg answered:
I want my old garage tore down. Has a lot of metal and steel pole. How much?
Only an estimate from a contractor or garage builder can really give you an accurate answer.
0 votes Share Flag Wed Jun 10, 2015 Remodel & Renovate in 60631
Marcus Morgan, Home Buyer in Orem, UT
Marcus Morgan answered:
We're seeking ballpark estimates for extensive renovations on an 1880 frame 2-flat in Chicago. Thank you!
It looks like you know exactly what you want to get done with your remodeling. I think the best thing for you to do is contact a bunch of different contractors and give them this list ... more
0 votes Share Flag Mon Jun 8, 2015 Remodel & Renovate in Chicago
lewisremingt…, Home Owner in Rochester, NY
lewisremington19 answered:
Venting of On Demand Gas Water Heater
I would recommend calling a professional and asking them. They'll have the best idea on what to do, and what will work. You don't want to risk not having your water heater work after sp ... more
0 votes Share Flag Tue Apr 21, 2015 Remodel & Renovate in Chicago
Matt Laricy, Real Estate Pro in Chicago, IL
Matt Laricy answered:
Good recommendations for Chicago based handyman or handywoman?
Jason Truncale is good. His cell is 773-220-7300
0 votes Share Flag Fri Mar 27, 2015 Remodel & Renovate in Ravenswood
Jackson Will…, Home Buyer in Provo, UT
Jackson Willis answered:
What is the cost of adding a basement bathroom?
You'll most likely have to talk to a plumber to get the exact numbers for adding the additional plumbing. Other than that, I think you should be able to get pretty good deals on the bat ... more
0 votes Share Flag Tue Feb 3, 2015 Remodel & Renovate in Chicago
Celine Sande…, Home Buyer in Walla Walla, WA
Celine Sanderson answered:
Recessed lighting installation
Honestly, Remodeler, I think that would be a good investment. My dad owns a few duplexes and he just always makes sure the entire square footage of the top and bottom floors have proper ... more
0 votes Share Flag Tue Feb 3, 2015 Remodel & Renovate in Chicago
Noah Seidenb…, Real Estate Pro in Evanston, IL
Noah Seidenberg answered:
What is the cost to rehab a 96 year old two flat building and convert the basement into an apartment?
You need permits from the city of Chicago and the cost of doing this depends on many factors. I suggest getting a professional
0 votes Share Flag Mon Jan 26, 2015 Remodel & Renovate in Chicago
Suzanne MacD…, Real Estate Pro in Morristown, NJ
Suzanne MacDowell answered:
We're have a 203k loan, what happens if the contractor doesn't finish the construction project in 12 months?
Call the FHA supervisor and tell him what is going on. You can fire the contractor and find another one, it's not the ideal thing, but it can be done. I know they will give you an ext ... more
0 votes Share Flag Tue Dec 9, 2014 Remodel & Renovate in 60647
Dave Kaplan, Home Owner in Chicago, IL
Dave Kaplan answered:
I want to rehab my house using fannie maes home style loan. Are their certain contractors that I have to use or can I use any contractor that is?
Hi, I'm trying to get one of these going myself. I'm also looking for a good GC.

The lender, Guaranteed Rate, had me ask the Consultant on the project. I believe every project will ... more
0 votes Share Flag Fri Dec 5, 2014 Remodel & Renovate in Chicago
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