Lincoln City, Newport, and Toledo real estate and homes for sale in Oregon - Mary O'Connor, REALTOR® Mary O'Connor REALTOR(r) for Lincoln City, Newport, and Toledo, Oregon real estate - NUMBER1EXPERT™ Mary O'Connor NUMBER1EXPERT(tm) for Lincoln City, Newport, and Toledo, Oregon real estate
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Mary O'Connor, REALTORŪ, real estate agent and broker for Lincoln City, Newport, and Toledo Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

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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 
Which islands are considered the largest islands in the US?

A 
The Hawaiian Islands with 10,456 square miles are followed by Kodiak Island in Alaska at 9,510 square miles.
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Mary O'Connor, REALTORŪ, real estate agent and broker for Lincoln City, Newport, and Toledo Oregon home listings, property and land for sale - NUMBER1EXPERT(tm)

Mary O'Connor
Coldwell Banker Gesik Realty, Inc.

1815 NW HWY 101
LINCOLN CITY, OR. 97367
541-994-7760
800-959-7760
541-921-0832
Fax: 541-994-9582
Email: maryohomes@NUMBER1EXPERT.com

I have been selling Real Estate in Lincoln County since 1992. The opportunity to meet new people and to make so many new friends has been the absolute best part of my job. Let me put my many years of expertise and knowledge to work for you! Mary O'Connor


Coldwell Banker Gesik Realty, Inc. real estate and homes for sale in Lincoln City, Newport, and Toledo Oregon

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