Posts

Renting Through PHA: For Owners

I receive several calls a day from prospective tenants in possession of a Housing Choice Voucher (HCV) looking for 2 bedroom , 3 bedroom and 4 bedroom rental properties. The HCV program is administered by the Philadelphia Housing Authority. Formally known as Section 8, the program is designed to assist owners and tenants find each other matching the HCV unit designation with the owners property configuration, for example 2 bedroom voucher, 2 bedroom home. Owners looking to participate in this program should be aware of the following requirements. An owner can represent themselves or have an agent act on their behalf. Many owners opt to have an agent act on their behalf to handle the paper work, appointments and inspection process associated with the program. Click on the title above for more specific information. Generally to ensure a smooth process, owner properties should be clean and ready to move in at the time of inspection. All utilities should on and operating properly. All ...

Technical Tip of The Week

TECHNICAL TIP OF THE WEEK – Drywall 06302010 Problem: Determine the amount of drywall (sheetrock) needed to sheetrock (drywall) a room measuring 16’ feet x 25’ feet with a 10’ foot ceiling. We will see later that the height of the ceiling is an important factor. Using the following formula, find the number of sheets required. Formula: 16’ + 16’ + 25’ + 25’ = 82’ linear feet 82’ l.f. x 10’ (ceiling height) = 820 square feet 820 s.f. / 40 s.f. (1 sheet of drywall 4’ wide x 10’ tall) = 20.5 sheets Always good to add about 5% for damage and waste (amounts may vary depending on job conditions) To add the ceiling quantity use the following method Formula: 16’ x 25’ = 400 s.f. 400 s.f. / 40s.f. = 10 sheets Solution: The room will require 31 sheets

26th Street Development

Sit back relax and enjoy the show...see how what we do can help you..... 26th Street Development View more presentations from Eric Godbolt .

Anatomy of a Foreclosure Renovation-1

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Foreclosure, foreclosure, foreclosure, consumers, and investors alike are constantly being bombarded with talk about the foreclosure market and how great the deals are or could be. Well this particular property is exactly that. Purchased for under 30K, this property was appropriately zoned and the certification statement (a conveyancing instrument required on all PA real estate transactions) indicated no violations. I know, almost unheard of. The property was located only 2 days after it was on the market. An offer was placed on behalf of the buyer and the rest is history. This article and the subsequent articles to follow uncover and discuss what you don't hear a bout in the foreclosure buzz. What steps to take next? How to get started and some techniques for getting things done quickly. A thorough building assessment should be performed to determine which critical building elements require replacement and/or upgrading. A simple floors, walls, ceilings, doors, windows ...

H/O and P/O Article Series: Loan Scenarios

Loan values and cost are one of, if not the most important aspect of the current housing market. Mortgage loan rates dictate the structure of the of the loan, the future affects of the loan and how you structure your finances during the life of the loan. Compare what's going on in other states. This link will help you explore  the types of loans that are closing in other states. Loan Scenarios For information on how we can help you request an appointment or call our office today at 215-395-6220 Posted using ShareThis

Home and Property Ownership

In talking to people about homeownership, I realized that people just don't know how to get started or what to do if they run into an obstacle during the process and as such I've heard horror story after horror story. This also holds true for people who already own property where the property is under utilitized. As a result, I have decided to dedicate a series of articles around a variety of issues pretaining to the subject of first time home buying. I will post public links I think useful to issues that are common to the process of becoming a first time home buyer. For the existing property owner, issues and questions are more specific; how can I get more money out of my property?, should I sell or should I hold and renovate? Looking for the right answer to questions like these depends on current property conditions, the owners credit position and a number of other circumstances. I invite you to follow along, ask or post a specific question or just make a comment abou...

Structural Problems

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We understand and manage the work of Structural Framing contractors during your home improvement project. The first thing to remember is that Structural  Framing is critical to the stability and safe use of your home . You will need to consider involving a structural engineer when making structural repairs to your home.   Your home improvement concierge will help you to: identify a reliable structural engineer repair squeaky or deflecting floor joist or roof rafters repair settlement problems around your home repair damaged lintels over doors and windows repair weak foundation or water infiltration into basement repair stress cracks and much more