Property Refurbishment Chelsea | Oui Blog

December 12, 2013

Financing Property Refurbishment Developments

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So you have finally decided that you would like to refurbish your property. People have different reasons for why they want to refurbish. There are times when people get properties that they can use for such a project because it has been given to them by their relatives. There are also times when people literally scout for good deals that they can purchase online or through agents. The very first thing that you have to do is make sure that you have enough money to finance your project. Here are the different options that you can consider:

 > Remortgage Your House

A lot of people consider this option because this is the cheapest and sometimes considered to be the easiest thing that you can do. If you decide to do this, choose a mortgage broker that is not part of any firm. This will help you in the long run. Be sure that you disclose why you need the funds. The broker will need to know all of the details that will help you get a better deal.

 > Bridging Finance

With this type of option, you are going to make a deal with an agent for your payment options. This may be a bit hard for some people because the initial money that would have to be released is often more than what they expected; but if you only need the money for a short period of time, it will be more effective. You will have the money that you need to refurbish the property and, at the same time, you will have enough time to pay the money back.

 > Getting a Deal and Forming an Agreement

There are times when you can just create a deal with the vendor or the person you are going to purchase the property from. You can talk about it and you can haggle so that you know how many months you have before you will be required to pay. This option may be agreeable to the buyer but not always to the vendor, so it will be best to enter a deal where everything will be fair to all parties.

Financing Property Refurbishment Developments

Finding Help Online Regarding Property Refurbishment Financing

Most of the time, people already know about the different things they can do in order to finance the property that they would like to refurbish. There are instances, though, when no matter how many times people read them, they just do not understand the terms that have been used and the process that is involved. If you are also faced with this dilemma, the best option that you can choose is to search for a professional agent that will explain all the terms and contracts in detail. It is likely that, with their guidance, you will be able to make up your mind regarding how you are going to finance your planned property refurbishment. The broker will also be in a position to you advice regarding the property that you are planning to purchase.

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September 26, 2013

Helpful Solutions For Property Refurbishing

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Property refurbishing is the practice of restoring older, worn-down properties by redecorating or if necessary, doing structural renovations. The buyer of these properties is able to make profits by either flipping the property at a higher price once it has been restored, or by renting it out. A large number of homes purchased for refurbishment are made available upon the death of the previous owner. Because this if often the case, there is no way to predict what state the house may be in. Buyers will often need to clean out the house of remaining furniture and items. There can also be residual smells from smoke that need to be addressed. This list of ideas can help buyers address cleaning issues, smells and other refurbishing concerns.

Helpful Solutions For Property Refurbishing

A halved onion in the middle of a room being painted can be highly beneficial. Onions tend to soak up toxins in the air around them. The strong fumes from the paint will be absorbed by the onion and will eliminate the overwhelming chemical smell. This idea is also useful for homes with the pervasive smell of cigarette smoke.
Coca-cola is a highly effective cleaner for toilets, sinks, clogged drains and more. It is stronger and more effective than chemical cleaners that are available on the market. It eats through grime very efficiently. For buyers with cleaning needs in their properties, leaving Coke in a sink or toilet over night can help. Also, soaking a rag in Coca-Cola and placing it on the dirty area can provide similar results.
If there is black mold on the walls, buyers should not paint over the mold. It will only come back because it is a living organism. White wine vinegar is a key solution in killing the mold. Cleaning the walls with the vinegar will kill the mold and then a quick coat of paint will finish the process.
Baby oil is highly effective in removing smears from stainless steel. Buyers will likely find steel easy to clean, but the smears can be more difficult to address without baby oil.
A key solution for cleaning a dirty microwave lies in a cup full of lemon juice and sodium bicarbonate (baking soda). Buyers should place the cup of this mixture inside and run the microwave for several minutes. This causes the lemon juice to evaporate and condensation will form on the metal surfaces. This causes the grease to melt and the surfaces are then easily wiped off with a cloth.

These handy ideas should be highly beneficial for buyers involved in property refurbishment. These cleaning solutions can be employed with properties that are refurbished for renters. When tenants move out, these solutions can be powerful for cleaning and preparing for new renters to arrive. This is a key to keeping previous tenants happy as well, because they will not have to pay for cleaning out of their initial deposit. Since these ideas require inexpensive, household items, cleaning can be much simpler and straight-forward for the property owner. Having several resourceful ideas available can make managing a refurbished property much easier.