“Be Prepared to Make Your Offer”

    “Be Prepared to Make Your Offer”

 

 

 

Mr. Petrowsky

My Realtor, Bill XXXXXX recommended that I contact you. He told me that no one did a better job with reno loans. We found a home we like that needs renovation, we need your help. How do we go about doing that bid for the reno?  What is the system for that?  First steps?  One of my concerns is that the market is really hot right now, and many houses we have looked at are selling super fast; is the 203k process very involved and time consuming?  Would we have time to get that in place, or do we not need it in place before making an offer?  Also, are there a lot of fees involved we need to take into account?

 

 

Buying a home can be challenging enough, but when you add doing renovations as part of the purchase it can create an even larger challenge.

 

It is important for clients to understand the process. There are many steps and they all need to be followed to insure a transaction doesn’t take an unnecessary length of time. Done correctly the process will take 8-10 weeks.

 

The Realtor’s kind recommendation was earned because we have worked together many times and he always gets me involved early on in the process. As a result, all will go much smoother.

 

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Joe Petrowsky, NMLS #6869

Right Trac Financial Group, Inc. NMLS #2709

110 Main St.

Manchester, Ct. 06042

Office: 860 647-7701 x116

Fax: 860 647-8940

Cell: 860 836-9294

Email: joe@righttracfg.com

www.righttracfg.com

www.joepetrowsky.com

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Joe Petrowsky does not guarantee nor is in any way responsible for the accuracy of the information provided herein, and provides said information without warranties of any kind, either expressed or implied.

Equal Housing Statement: We are pledged to the letter and spirit of U.S. policy for the achievement of equal housing opportunity throughout the Nation. We encourage and support an affirmative advertising and marketing program in which there are no barriers to obtaining housing becuase of race, color, religion, sex, handicap, familial status, or national origin.

Comment balloon 3 commentsJoe Petrowsky • November 01 2018 12:20PM
“Be Prepared to Make Your Offer”
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“Be Prepared to Make Your Offer” Mr. Petrowsky My Realtor, Bill XXXXXX recommended that I contact you. He told me that no one did a better job with reno loans. We found a home we like that needs renovation, we need your help. How do we go… more
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“Is it Possible to Roll Renovation Costs into the Mortgage? ” Greetings Joe, I have a question for you about mortgages and buying a new house: What type of loan would you use if you choose to buy and renovate an inexpensive house that is… more
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“8. 75% and a 3% Pre-payment Penalty”
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“8. 75% and a 3% Pre-payment Penalty” Good evening Joe, I was advised to contact you by my buddy Greg XXXXXX. I’m looking to refinance a rental property I fixed up this summer in Willimantic. I found an offer for 8. 75% for 30 years, with a 3%… more
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“Signs, signs, everywhere a sign” In a veterinarian's waiting room: "Be back in 5 minutes. Sit! Stay! " Brian B. sends this sign from a Florida air conditioning company: "Your wife is hot… fix the air conditioner. "… more
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“We Do Business in 8 States” Good Morning, Joe ~ I'm doing OK - thank you for asking and thank you for assisting my brother with his mortgage. Emotionally, I'm in a very good and stable place. I honestly have no idea why I didn't choose to… more