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Remodel & Renovate in Phoenix : Real Estate Advice

  • All2K
  • Local Info158
  • Home Buying922
  • Home Selling100
  • Market Conditions70

Activity 20
Roblerogasto…, Home Buyer in Orlando, FL
Mon Dec 12, 2016
Roblerogastong answered:
Hello i am A company LLC we do remodeling end all contruccion we do good stimates please let me know 3523012044
0 votes 9 answers Share Flag
Karen Peyton, Real Estate Pro in Chandler, AZ
Tue Sep 13, 2016
Karen Peyton answered:
Start by looking for recommendations from family, friends, co-workers, etc. You might also consider other sources such as Yelp, Angie's List, or a local hardware store to find local professionals. Of course you have to know what you want and who you need for job. Once you have names and "before" you schedule estimates, visit the Arizona Registrar of Contractors website to make sure the person/company is licensed, bonded, and in good standing.

The link for Contractor Inquiry is: http://www.azroc.gov/roc/contractorsearch.html

Good luck with your project!
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0 votes 1 answer Share Flag
Karen Peyton, Real Estate Pro in Chandler, AZ
Thu Aug 18, 2016
Karen Peyton answered:
Since codes and requirements change, I suggest contacting the City of Phoenix for an answer to your question. I you will use a contractor for renovations, it is likely they can answer your question. Obviously from a safety perspective (for either use,) it would make good sense to add secondary egress - required or not. ... more
0 votes 1 answer Share Flag
Joe Borelli, Real Estate Pro in Riverview, FL
Tue Jul 26, 2016
Joe Borelli answered:
The major draw back when opting for 203K financing is finding a contractor who can comply with the qualifications required by FHA and who is willing to work under FHA payment terms. As the 203k guidelines are complicated to meet, work with a local FHA approved lender with experience in funding 203K loans for renovation of residential properties in your area. Call one of the 203K experts mentioned below to get references for contractors in Arizona:

http://www.203klenders.org/arizona-az/
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1 vote 11 answers Share Flag
John mith, Home Buyer in New York, NY
Mon Mar 7, 2016
John mith answered:
you can read about costs and related overhead doors information here  http://snk.to/3bohr
0 votes 17 answers Share Flag
Eileen Harris, Real Estate Pro in Scottsdale, AZ
Thu Feb 12, 2015
Eileen Harris answered:
The cost will depend on what finishes you want to add as well as the square footage. Find a reputable contractor and they will be able to give you an estimate. Be sure to provide them with the finishes you want in order to get a more accurate estimate. Remember, since you are in the historic district, you may have some specific restrictions regarding additions. ... more
0 votes 1 answer Share Flag
David Fuller, Real Estate Pro in Phoenix, AZ
Fri May 17, 2013
David Fuller answered:
Jeff Parr with Rockstar Homes. 602-518-2661
You can see some of his work on the facebook link below.

http://www.facebook.com/pages/Rock-Star-Homes/220192081393349
0 votes 5 answers Share Flag
Sonny Shriva…, Real Estate Pro in Surprise, AZ
Wed Aug 29, 2012
Sonny Shrivastava answered:
Contact Safeguard and ask to be put on their vendor list for REO services. Safeguard recently acquired Bank of America Field Services (BACFS).
0 votes 2 answers Share Flag
Donna Avram -…,  in Phoenix, AZ
Thu Aug 9, 2012
Donna Avram - Senior Loan Officer answered:
Nelu Ardelean 6026223030, he's very reliable and knows his stuff!!
0 votes 2 answers Share Flag
Jennie Miller…, Real Estate Pro in Phoenix, AZ
Sun Jul 15, 2012
Jennie Miller, Pllc answered:
I would recommend that find both a good US accountant and attorney. There will likely be many more questions that you have during the time that you own property here. Additionally, you want some additional advice in the event you are renting the home and generating income. ... more
0 votes 5 answers Share Flag
Ray Wilson,  in San Diego, CA
Tue May 22, 2012
Ray Wilson answered:
I am not a builder but we have been using vendors off the www.reoprep.com vendor registration lately and they have been great. Just let them know you are in the business.
0 votes 5 answers Share Flag
Spirit Messi…, Real Estate Pro in Tucson, AZ
Thu Mar 31, 2011
Spirit Messingham answered:
There is a lot more to it too, remember the market has been down. I would recommend contacting a local agent or Realtor to show you comps, do a complete CMA. See where you are at, if not, you can also pay for an apprasial to be done but if you are going to do that, might as well do it through your lender to see if you can meet apprasial value.
The market has been down, if you don't meet it now, in time, if or when the market stops falling and starts to increase (could be awhile from now) on average 4-5% equity is or was considered average before the big boom we had.
Best of luck.
Spirit
... more
1 vote 2 answers Share Flag
Greg Paielli, Real Estate Pro in Phoenix, AZ
Mon Mar 28, 2011
Greg Paielli answered:
Hello- You will need to check with the City Building Inspection and Safety Department as to the codes in your area regarding setbacks. Thanks
0 votes 8 answers Share Flag
Scott Godzyk, Real Estate Pro in Manchester, NH
Wed Dec 8, 2010
Scott Godzyk answered:
Not usually, but not impossible. If the company is a llc or corporation it may be easier to transfer the corporation. You need to check with Homesteps for their guidelines and perhaps a real estate or corporate attorney ofr the pros and cons of buying the business and in which form it should be bought.

Please see my blog "So you want to get into the foreclosure business"
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0 votes 1 answer Share Flag
Sigrid Egan,  in Phoenix, AZ
Fri Nov 5, 2010
Sigrid Egan answered:
Hello Robin, I have read most of the answers and most of my colleagues are thinking of what sells best. My opinion is, make this bedroom into a pantry if this is what you may have always missed and want now. I don't think it's a big deal for someone down the road to reconvert into whatever that person wants. My husband and I bought our house 8 years ago and I did a few things that I would not do in view of resale but that is what I wanted and we have been happy with it.
Sigrid Egan Realtor HomeSmart, Phoenix, AZ
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0 votes 13 answers Share Flag
Bill Colberg, Real Estate Pro in Sierra Vista, AZ
Wed Oct 27, 2010
Bill Colberg answered:
Gee, when I moved to Phoenix in 1971, we didn't realize that we had all these problems that are now being pursued by different regulator bodies today. I've lived in several brick homes in the Phoenix area over the years and it all comes down to location, location and location.

What I mean is there are many areas that have lovely hundred-year-old houses that have been rebuilt, remodeled, whole neighborhoods redone by professionals moving into areas and refurbishing them. Example might be Ecanto Park, Old Central Ave. North, parts if old Scottsdale,, etc.

So many of these homes are now REO homes and have been remodeled prior to foreclosure. So look for specific areas, neighborhoods that have been updated, and maintained regardless of the foreclosures.
Make sure you do due diligence, with home inspections etc. But above all, look at a lot of REO properties and you will find many that are in excellent condition and ready to move into.

I loved my old brick homes in the Phoenix area. I still get calls from Realtor friends still live there, and say” you got to come , and get this home”. So I know that there are beautiful out there for you to buy.

Keep looking. Find a good Realtor to help you.
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0 votes 4 answers Share Flag
Jeffrey Masi…, Real Estate Pro in Scottsdale, AZ
Wed Apr 7, 2010
Jeffrey Masich answered:
Dear Mike:

Properties on the foreclosure sites usuallly want you to commit to a fee to release the information. Some of these foreclosures will eventually go to auction. You may get information on auctions from banks or private auction companies. Some of these auctions will be on the County Court House steps. Other foreclosures will be put on the MLS. Freddie Mac, Fannie Mae and HUD homes are available throught the MLS. Foreclosure homes are often held and not immediately put on the market through auction or the MLS.

Trulia's records are not as up to date as the MLS. Trulia is good at getting an idea for prices and the market. However, to save yourself time, the MLS has all of the up to the minute selling information.

See my website for a free MLS search with no registration: http://www.arizonahomesland.com/freearizonamlssearch.html

If I can answer any more questions or show you some homes or land, feel free to give me a call. I would be pleased to help you.

Regards, Jeff

Jeff Masich, Realtor®
Arizona Homes and Land
http://ArizonaHomesLand.com
480-556-0940
JeffMasich@ArizonaHomesLand.com
HomeSmart Real Estate
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0 votes 6 answers Share Flag
Ted Canto, Real Estate Pro in Scottsdale, AZ
Sun Jan 10, 2010
Ted Canto answered:
You have 2 solid answers below. I would add that whatever you do, MAKE SURE, you have duct into the space and put a window in or 2 sources of exit/ entry. This will allow for an appraiser to give you value for that room. I've seen it happen way too much when people do it wrong and they kill the square footage/ value in their home. ... more
0 votes 3 answers Share Flag
Loren Green, Real Estate Pro in Buckeye, AZ
Wed Jun 17, 2009
Loren Green answered:
I have done a couple remodel plans in the city of Phoenix historic district. They are a little different. You must take the preliminary floor plan and elevations to the historic commitee first. Once you have their approval then continue with the rest of the constrution documents. The building department won't take the plans until the historic commitee approves them.

You probably won't be able to change the look of the original structure to match the new addition. In other words, you can't add a stucco addition and put stucco over the brick to make it all match.

I would ask about their requirements before you start the design process.

I would also ask about the zoning requirements for having a school in a neighboorhood. There will be issues of parking and signage that will come up.
... more
0 votes 5 answers Share Flag
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