How much money can I get to remodel my house?
468273
Assuming that you have decent credit and your bebt/income ratio is good, you shouldn't have a problem getting up to 100% of the value of your home, which is about $20k.  Some lenders will go as high as 125%.  \n\nEven more important is what you mean by "remodel."  You can do a lot for $20k, and that could certainly raise the value of your home.  If all you're doing is replacing a leaking roof, painting the house, etc. you won't really increase the value of your home.  But if you're putting in a high-end kitchen, making a spa-like bathroom, turning extra space into an extra bedroom, adding a bathroom, etc. then you should go over that with your lender.  You may even increase the value of your home more than the loan you're looking to take out.\n\nI'm doing work in my condo for that very reason.  I'm putting up a wall to add another bedroom, putting in high-end closets, and putting in some high-end bathroom upgrades.  The increase in appraisal value is about 3 times what my cost will be.  No lender will have a problem with that.
298659
Your best bet is to contact some local movers and ask them to come and do a survey of your possessions.  They can give you an estimate.  It's impossible to offer any kind of amount without knowing more about how much "stuff" you have packed into that 4 BR house.  We have moved 4 times in the past 8 years and it's amazing how much we have.
5154
Remodeling Online conducts an annual survey of the cost of recouping projects by project and region.  (See link below).\n\nMy suggestion would be to make a list of improvement projects, and then talk to a local realtor familiar with your area about how much value they would add.  \n\nIf you sold it today, as is, how long would it take to sell and what would you ask?  \n\nIf you took [X] months to make [Y] repairs, how long would it take then?
281436
I don't know if it any different in CA , but in general you figure about $100 per square foot/ more or less depending on the economy and costs of supplies at that particular point in time..
119686
It depends on how much the home's value has appreciated in comparison to what you are paying on the principal. There are different ways to raise the value of the home. One being solely based on the land value of the home's geographical location and the others being in the value of the property itself (ie: updating the bathroom, kitchen, etc.). If you've got the capital to do a remodel, then you can turn over the home with a solid profit in as long as it takes to do the remodel work and sell it (as is done on a variety of television shows). If you do not have the financial resources to remodeling, then it typically is around 3-5 years.
335914
You might double ya money. And get a Living Room and Bedroom Set. You only live once! Do ya thing! Pray first though!
246716
yes they would.  the value of your new home would be taxed accordingly.  a rebuild is taxed higher, leave a wall up and its only a remodel, taxed lower.  But to be safe, check with the city.
285526
Oklahoma....cheapest around.$300-per month. I have never pd more than that. I guess the average is $200 to$500. $500 will get you a very nice brick home with all the extras.I live in a 3bdr. 2bath with CH$A. Very cheap living.
296473
Check with some local contractors or place your add with the local newspaper.  Good Luck!
802943
I have a house cleaning business and I charge by the square foot. I have deep cleans which are done initially to get the house ready for a general clean. I charge 9 cents a square foot for a deep clean and 5 cents a square foot for a general.\n\n A general can be done weekly, bi weekly or monthly. Alot of people who clean houses charge by the hour but you cannot make any real money that way. Never tell the customer how you charge just say I charge by the job which is true. I have been doing this for a while and if you break it down I make between $25-35 an hour sometimes more. \n\nAlso a great thing to get into is office cleaning, it is much easier and you can make more money because even though you still charge by the sq foot you can clean an office quicker than a house.\n\nAnother thing I want to mention is people will call you for a move out clean you can charge 12 cents a sq foot for that because a move out clean consists of inside the appliances and cabinets and stuff. You don't have to do move outs just wanted to throw that in.\n\nYou have to be legit with a license and a company name though for people to pay that kind of money and you really have to know how to clean people are really picky. I hope this helps Good Luck!
371666
My daughter is going to Kentucky this weekend to check it out\n\nShe has found a 1 1/2 acre, 5 bedroom, 1 1/2 bath just remodeled for $89,900.00!!!!!!!!!!!!
257893
Probably anywhere between $90 and $120.  You can call them and they can give you an estimate over the phone.
677771
I'm assuming you know the expenses that come with buying any home? Those would, of course, be the same.\n\nForeclosures can have other expenses, too. The biggest could be if the previous owners are still living there. You'll have to evict them, and they will likely destroy the house on their way out-- which could take a year in some states.\n\nIf they've already moved out, they may have already destroyed the house. If you cannot access it prior to the auction for inspection, then assume that it is going to need major work. If it does, you will have planned for it. If not, then that's a bonus!\n\nI've seen foreclosures where the owners moved out, and even cleaned up and washed the floors. I've seen others that were a mess-- one former owner actually shot all of the appliances, walls, and roof, broke all the walls and ceilings, cut all the wiring, and smashed the furnace to bits.\n\nAnother one blocked all of the drains, then turned on all faucets. The water ran for a week and flooded the entire house.\n\nHopefully you will get one of the good ones!
72844
That is the auction starting price...  All forclosed homes go to auction, and who knows, you may get lucky.  I bought two houses on forclosure in Los Angeles a few years ago and, miraculously, no one showed up to bid against me.  I got the two properties, which were side by side, in a prime area of Los Angeles, and the upside was about $400,000.\n\nSo step one is to look at home prices in your area and see what a four bedroom/ four bath is going for.  A good place to get a good feel is realtor.com because you can take a look at properties in your area and very easily see what they're going for.  Then look at the property itself, the bank that's selling will be honest so look for things like structural damage and asbestos and factor in the cost of repairs (add it to your purchase price).\n\nNow, when it comes to making a purchasing decision, you need to make an accurate assessment of what you want to be in it for.  If it's a great deal, you could probably buy it, manage it and make money not only when the property goes up in value and by building equity, but also on the month to month cashflow... this is the best way to make money over the long haul (and is how many real estate moguls built the cornerstone of thier billions).  However, managing properties is lots of headaches and requires that you be available 24/7 in case of emergencies.  Now, if managing isn't your thing, if it's a good enough deal, you can always flip it.  Flipping is more risky because you have transactional expenses and there's no guarantee your going to sell, so look at your local market and see if properties are being bought and sold at a steady pace.  The last the you want to do is to hold on to something that's costing you every month, but isn't bringing any money in.  You also don't want to manage the property if manging isn't your thing (of course, you can always turn to a management company, but it'll cost you about 5% of your gross, you'd still pay all the expenses, and you won't be able to manage costs as well, making positive cash flow less likely).\n\nSo look at the numbers and decide what you want.  I'm a buy and hold kind of guy, you might be more inclined to flip.  So, make a million or two.  If you can manage positive cash flow right out the door, closing one a month over the course of a year (even at $20k a pop) will probably make you a millionaire in 5 to 10 years if you leverage your equity.  Good luck.
32077
Remember you only make money when you BUY a property, not when you sell it.  That means that you have to "make" your money when you buy the house.  Make sure you have enough equity in the house upfront to:\n\n1.  Repair the house for sale.  This includes all remodeling, landscaping, etc.\n2.  Carry the costs of ownership of the house while the repairs are happening.  If you take 45 days to repair the house, make sure you have 2 months worth of mortgage payments onhand.  This is called "carrying costs"\n3.  Pay the real estate agents.  Typically you will need to pay between 4-6% of your selling price in commissions to sell the house, depending on your area.  If you don't use a realtor, you can save that fee, but you might not get your property sold in a timely fashion and may eventually get less money for the house.\n4.  Cover the capital gains tax.  Remember, short term flips are taxed at 25% federal and (in CA) 9% state.  Make sure you get sound tax advice before you spend your profits.\n\nA good rule of thumb is to find out what the comps are like in the area, offer 70-80% of the comp value (this is CA, by the way .. if you aren't in a "hot" market, like CA, HI, FL, NY, etc, then offer 50-60%).  This should give you enough room to carry the loan, rehab the house and, to quote The Steve Miller Band, "Take the money and run!"
244998
yeah i agree with  dragonfire  i had an apartment go under new management once and they remodeled the building the rent went up 150 dollars when the last time i renewed it only went up like 50 bucks there was nothing i could do but move out
299891
You do not need any program. They are all crooks.  I did not use any program.  I own four houses in the Bayarea.  Made $500k in appreciation last year.  Here is what you do.  Look for a fixer upper.  Look at comps (try zilow.com) to see what the market is. Estimate how much it will cost to bring the property up to market.  Offer low enough to get back the repair cost plus 20% to 30% more.  Use option ARM to keep cash flow manageable. As property value goes up pull cash and buy another.  With just 3% to 5% appreciation, you can leverage and get 30% to 35% return (up to 40% with tax savings) .  Not a get rich quick scheeme but you will do very well.