What are some tips on what should be done before-hand when a buyer is expecting to remodel a home after completing the purchase?

Asked by Trulia Scottsdale, Scottsdale, AZ Thu Apr 4, 2013

i.e. Check in with the city about permits, find potential contractors for bids, etc.

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diana, Agent, Paradise Valley, AZ
Wed Mar 30, 2016
Congratulations on your future purchase. As a real estate broker and Interior Designer, I work with General Contractors (GC) on a regular basis and would strongly recommend a GC walking the prospective property with you and working up some numbers. GC's are knowledgeable on HOA regs, city requirements, and a vast amount of additional information that is invaluable throughout the remodeling/renovation process. Cheers to a successful remodel!
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Howard Rudin, Agent, Scottsdale, AZ
Thu Apr 4, 2013
If your intentions are truly to do a major remodel after the purchase then the first thing I would do is try to negotiate a longer inspection period in your offer. It takes time for contractors to put bids together and your inspection period is your free look period to decide if you want the home or not, so make the most of it. Have a qualified licensed contractor explain to you the requirements, check with the City and if you are in an HOA make sure you understand their restrictions.

Howard Rudin
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Jennie Miller…, Agent, Phoenix, AZ
Thu Apr 4, 2013
Have a home inspection during the inspection period and then also have a contractor walk off the scope of the work and ask for a bid!
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Gene Montemo…, Agent, Scottsdale, AZ
Thu Apr 4, 2013
As soon as you go under contract, the first call should be to the local planning and zoning department to find out what exactly can be done on the property - get a copy of the setbacks and cross-reference it with the HOA's CC&R's. Immediately give this information to your architect or draftsman to make sure what you want to do is feasible, or what you can do is acceptable. If all of this can be accomplished within your inspection period, you'll minimize suprises.
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Jeffrey Masi…, Agent, Scottsdale, AZ
Thu Apr 4, 2013
Do nothing.

Yes, you heard correctly. Doing nothing the first 3 to 6 months to let the house grow on you. See how the light comes in the windows. Get a feel for the flows of the home and your family traffic. Do you really want to enlarge the bathroom and take out the hall linen closet? This is especially true with the landscaping. Get a feel for the Summer heat and the setting sun.

Of course if a buyer is flipping a home you cannot wait. However, if you plan to live in a home it might be better to wait rather than say in a year, "Why did I do that"......"It seemed like the right thing to do at the time".

Have fun!

Jeffrey Masich, Realtor, GRI, MBA
Arizona homes and land for purchase or sale
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