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She Took Charge
“We are very pleased to recommend Rosemarie Colterman as a real estate agent. Our situation was unusual in some respects. We wished to sell a large heritage mansion which had development potential and whose market value and best use were far from obvious. From the beginning Rosemarie was very clear and straightforward with us. She took charge, brought in other real estate professionals as required, clarified zoning issues with the city, and presented us with various options. We chose the strategy and she listed the property, put together a first rate package, dealt sensitively with our tenants, found buyers, got us a good price and the deal was done. From our perspective the process was simple and worry free. She was in constant communication with us throughout. We found her friendly, approachable, positive and very hard working, and her considerable efforts on our behalf paid off for us. There is no question that we will engage her again should we need the services of an agent in the future.”
Ruth McMurchy and Lars Rogers
Ruth and Lars McMurchy/Rogers
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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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| Q |
What is the most unusual maintenance project done once each year in the United States?
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| A |
The Niagara Falls is shut down for maintenance every year in the fall by diverting the flow of water for 24 hours using a massive series of pipes constructed in 1837.
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- NUMBER1EXPERT™ 
