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Plano, Frisco and Prosper Information:
About Plano - Moving to Plano, Texas? Get info here... About Frisco - Moving to Frisco, Texas? Get info here... About Prosper - Moving to Prosper, Texas? Get info here... School Reports - Reports for Plano, Frisco and Prosper schools kindergarten, elementary, and high schools. Relocating? - Free real estate information & relocation package if you're relocating to Plano, Frisco and Prosper, in Collin County TX. Go to Main Sitemap - Main sitemap sections include Find Plano, Frisco and Prosper Homes, For Home Buyers, For Home Sellers, Plano, Frisco and Prosper Information, Real Estate Resources, and About Gary Martin.
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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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What are the world's most valuable chairs?
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| A |
A pair of Chippendale chairs designed by Robert Adam sold in 1997 at Christie's, London to an anonymous buyer for $2,762,330. |
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