Photo by PoPville flickr user Erin
“Dear PoPville,
My husband and I are under contract for purchasing a 1938 house in need of rehabilitation through a Homestyle Renovation Mortgage (similar to FHA 203k). The house needs a significant amount of work from different trades to become habitable (e.g. all new plumbing and electrical, structural and non-structural masonry work, asbestos tile removal, exterior grading, roofing repair, window and door repair, plaster repair, wood floor repair, etc). Everything in the house is original to 1938, which is what we like about the house and want to keep to the extent possible. Does anyone have experience with a general contractor for a rehabilitation/restoration of an old house that does not include any remodeling or design work? The general contractor needs to have enough experience with jobs similar in scope in order to be approved by the lender.”
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