Ready4Remodel’s Skip Schenker Interviewed On “Capital Markets Today” Radio Program

14 02 2013
www-blogtalkradio-com-page-001

Click on picture to listen to interview





“Best Kept Secret” In Home Renovation: Bank-Owned Homes Are Often Distressed, Vandalized, And Old And In Need Of Homebuyers Who Use FHA 203k, HomePath Renovation And HomeStyle Financing (Video)

17 02 2011
   

CLICK ON PICTURE TO GO TO VIDEO. THE "RAVING LUNATIC" IN THIS VIDEO IS AN ACTOR.

 

 Learn how to buy a home that’s been damaged by this raving lunatic. Many homes on the market are distressed, vandalized, old, vacant and need to be updated. Learn how to use a renovation loan like the FHA 203k, HomePath Renovation or the HomeStyle loan to buy a fixer upper property and make it your dream home.





Large Numbers Of Distressed Properties Will Create Increased Demand For “Larger Home Renovations And System Upgrades” And Renovation Financing

28 01 2011

“…In the next five years, the focus of remodeling spending will shift from upper-end discretionary projects to replacements and systems upgrades…”

“The overall aging of homes and home owners eyeing the potential income gains is expected to provide a boost to the remodeling market, but the major drive leading the rebound in the remodeling industry is expected to come from distressed properties…”

Instead of reducing the price on a property, more lender servicers who manage aging REO portfolios are considering remodeling and raising the price, says Dale McPherson who has more than 30 years in the mortgage industry. The servicers are growing tired of watching investors repair and remodel these properties and sell them at a much higher price – now banks want to cash in, too. 

Remodeling distressed properties has the potential to cut the cost on losses of the lender servicers as well as help home owners benefit from remodeling margins too. 

For more:  http://www.ibtimes.com/articles/105972/20110127/distressed-properties-spur-remodeling-rebound.htm





FHA 203k Loan Draw Requests: How To Access Funds In FHA 203k Home Renovation Loans

12 01 2011

CLICK ON "203K" TO VIEW FULL "DRAW REQUEST GUIDE"





Fannie Mae HomePath Properties: 4-Bedroom Home In Orange, CA Is Available For $533,000 With 97% LTV HomePath And HomePath Renovation Financing And No Mortgage Insurance

10 01 2011





FHA 203k Renovation Loan Volume Has More Than Tripled Since 2007 As Home Equity Lines Of Credit For Home Improvements Have All But Disappeared For Homeowners

27 12 2010





Green Home Renovation: Fall 2010 Issue Of “EcoHome” Features Alex Wilson, Founder Of Environmental Building News (EBN) And Nationally Recognized Champion Of Sustainable Building

31 10 2010

CLICK ON "ECOHOME" TO VIEW ONLINE EDITION