ERIC Number: ED241828
Record Type: Non-Journal
Publication Date: 1981-Mar
Reference Count: N/A
New Life for Old Houses. The CIRcular: Consumer Information Report 28.
Bank of America NT & SA, San Francisco, CA.
This report offers suggestions on finding, planning, and financing a home rehabilitation project. Information on finding a "fixer-upper" includes deciding where to look, learning what to look for in a house and neighborhood, learning about local building and zoning codes, deciding what characteristics of houses and neighborhoods are important, and finding out whether other houses in the neighborhood have been renovated. Detailed guidelines for inspecting a house both inside and outside are presented along with a discussion about having a professional inspector assess the house. Recommendations on financing the project include developing a plan for the rehabilitation project prior to visiting a lender and investigating options for financing. Descriptions are given of conventional loans and federal, state, and local government loan programs. Recommendations on finding and hiring professional contractors and information on possible grants and tax exemptions available to renovators of houses with historic value are included. Information in this report is current at the time of printing, March 1981, but is subject to change. (DC)
Publication Type: Guides - Non-Classroom
Education Level: N/A
Authoring Institution: Bank of America NT & SA, San Francisco, CA.