Jerry Adamson - We are buying Grandma‘s House! - Lakeville, IN - FHA 203k



Consultant - Jerry Adamson #A1162 - Makeover Consulting and Inspections

Contractor - George Klinghammer - Klinghammer Construction

Lender - Sally Smith Ruoff Mortgage

They wanted to keep this house in the family and that they did.  But, not before making some serious updates to the home to make it a little more homey and liveable.  This home needed just a little work on the exterior of the home and some fairly serious work on the inside.  2 brand-new bathrooms, a master bedroom, and some new utility work.  This project required some heating, electrical, and plumbing work that got the home up to snuff. 

Purchasing a home from an older relative often looks like an older home that needs some work.  Don’t be scared, this is a great opportunity for the FHA 203k with Makeover. 

Reno Cost $77,000

Masonry - $2,500

Siding - $1,500

Doors - $1,000

Framing - $3,200

Drywall - $3,000

Painting - $4,500

Trim Work - $4,000

Stairs - $750

Flooring - $7,000

Bath Accessories - $13,000

Plumbing - $10,000

Electrical - $10,500

Clean-up/Demo - $4,500

Other - $6,500