Acted as the Buying Agent in the purchase (bought for land value with the intention of a re-build project).
A property comparison was done on like properties, a cost analysis for the rebuild was completed concluding this was a suitable location.
Home on an above average sized lot of 45 feet of street frontage compared the standard 30 foot lot.
Purchased the property for below market value, giving immediate built in equity.
Secured financing for both the home loan and the construction loan
Put proper insurance in place to cover the home (as it was being built) and property from liability or injuries through a Course of Construction Policy and put a completed construction policy in place.
Created a Homeowner's Association.
Created budget and efficient timeline while factoring in construction costs, taxes, permitting/city fees, and holding costs.
Procured Architect to get fully engineered and approved plans with the City. Made corrections from the City to get plans passed.
Made revisions to floor-plan layout with flow and natural light (window placement) in mind.
Hired a General Contractor.
Rob Fabricant acted as Project Manager.
Permits were taken in the GC's name and proper insurance was put in place
Received and compared multiple bids from subcontractors to ensure the best pricing and awarded the job based on who had the necessary work in their proposal and met time expectations.
Demolition of the old structure.
Foundation poured with rebar and cement.
Materials were chosen and color pallet created with complete color boards including samples of materials to be used and ideas bounced off designer.
Completed the Condo Conversion process; created the HOA, complete with CCRs and split homes into separate APNs or taxable entities.
Got Certificate of Occupancy.
Pre-Sold the front unit during the construction stage and acted as the Listing Agent.
Listed and marketed the rear unit and sold it for a profit.