Leslie Heldenbrand Featured on Realtor.com with
Article on Home Renovations
Leslie Heldenbrand-Monaco, a real estate professional who works with leading Kentwood Real Estate Broker Associate Doug Hutchins in the DTC office, was recently featured on Realtor.com, the official website of the National Association of Realtors.
Leslie originally wrote an article on home renovations for Top Producer, which was subsequently picked up by Realtor.com. The website stated that according to Leslie, a home project that may seem to be a small undertaking can become more complicated, such as the movie Money Pit staring Tom Hanks.
In the article, Leslie said that renovating a home can be very costly, not just financially speaking, but in other areas of our lives as well.
“As the housing stock in the U.S. gets older, homes are in more need of repair and updating,” she said. “A few weeks ago, a home mortgage consultant with Wells Fargo came to our office to speak about a renovation loan product that the bank offers. This product can be used for a new purchase as well as a refinance. The loan allows the borrower to get a loan for the cost of the property, including the costs of renovation as a single loan.”
The article provides an example of how the loan can work. To read the entire article, visit http://www.realtor.com/blogs/2010/07/04/help-for-home-renovations/
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