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Real Estate Tips

Financing Your Home >Finicky Financiers

Buying an old house to fix up has an attraction for many people. If you can find a house with charm and character, a renovation may enable you to create just the living environment that you want. You should start with a good real estate agent to help you locate the right house and recommend lenders who make both acquisition and construction loans.

Financing a renovation is perhaps the most difficult part of the whole project, especially if the house needs extensive work. Few banks will make these loans to people who are not professional developers. You should prepare for your loan application by having a written proposal. It helps to have an engineer's report or architectural plans and to include estimates from contractors covering the costs and timetables for the work to be done. Your real estate agent can help you put together a market analysis of the neighborhood to show that you will not be over-improving the property compared with other homes in the area.

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Real Estate Trivia

Q	What building has the largest windows in the world?
A	The Palace of Industry and Technology in Paris, France has three matching windows, each 715 feet high and 164 feet wide and comprised of multiple panes of glass.
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Vickie Polston, REALTORŽ, real estate agent and broker for Bullhead City, Mohave Valley and Fort Mohave, Arizona home listings, property and land for sale - NUMBER1EXPERT

Vickie Polston
Keller Williams, River Cities Specialist
2440 Adobe Rd.
Bullhead City, AZ 86442
Tel: 928-727-2501
Fax: 928-768-2516
Email: vickieandchuckpolston@NUMBER1EXPERT.com
As residents of Mohave County Arizona, Chuck and I have become familiar with land and homes of the Tri- State area. Our passion for the Colorado River and the community surrounding the area, golfing and gaming at the local casinos in Laughlin, Nevada has not only given us a look into the community's future home growth but allowed us to develop a reputation for marketing, follow-up skills and motivation. As your local Arizona Realtorsďż˝ in Mohave County, we will work harder and longer to find the right lots, property, home, or investments to meet the needs of our clients. Throughout our years in the Mohave Valley area, we have developed a network of investors and contacts to better serve the needs of our clients. Whether you are buying, selling acreage, new or used homes, or investing with us as your Arizona Realtorsďż˝, "no phone call will go unanswered, and no appointment will be missed!" The 2009 Economic Stimulus Package includes a tax credit up to $8,000 for first-time home buyers and those who haven't owned a home in three years. Now is a great time to make your dream of home ownership a reality. I can help you take advantage of this unique opportunity.