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Gary Matzelle - ArticlesGary Matzelle is the Marketing Manager for Advanced Restoration Corporation.
Completing Your Dream home with the FHA 203k Loan!Are you buying a new home? Foreclosure? REO?
You need to learn more about the untapped FHA 203k loans available to first-time homebuyers. These loans allow homebuyers the ability to incorporate major home repairs into their mortgage (203k loan). Flooding & Water Damage...Helpful Hints to Save Your Home!Summer storms can cause major flooding and water damage to property structures within minutes. Knowing how to react to flooding until you can call a restoration company is essential to minimizing the type of damage. Some helpful hints include... Thinking of Buying a Foreclosure in Disrepair?Throughout the New York area, there are numerous foreclosures that are on the market. Many of these homes are in disrepair and require re-hab to the property structure. This can be accomplished by applying for a 203(k) loan or a streamlined 203(k) laon. The process is somewhat complicated, but it is a great way to incorporate any repairs into your mortgage payment... Disaster Strikes Your Business...Now What?Knowing who to call for help when your company's Business Continuity Plan gets activated is just as important as having a disaster plan. At Advanced Restoration, we understand that an unforeseen event impacting a property structure can be devastating to the occupants of the structure. What is a Certified Restorer?There are numerous property damage restoration companies throughout Long Island and the NY Metro area, so how do you select the right company for your situation? Of course you want a contractor that is licensed and insured, but you also need to see if they have the designation of Certified Restorer.
Fire and smoke damage, water damage and mold remediation should be handled by trained personnel through a reputable company. Ensure you check with the BBB prior to hiring any company. FHA 203(k) Rehab/Restoration Loans and ForeclosuresThe 203(k) program is the perfect way to finance the rehabilitation and repair of single family properties. These loans are FHA approved and are available in New York.
Hiring a generagl contractor/restoration company with experience in 203(k)loans is essential to the execution. Will an Emergency Shut You Down?Disaster can strike at any time. Having a relationship with a property damage restoration company prior to a disaster is essential to ensuring minimal business disruption. Advanced Restoration Corporation Joins Disaster KleenUp International (DKI)Disaster Kleenup International, Inc., North America's largest disaster restoration contracting organization, today announced that Advanced Restoration Corporation of West Babylon, New York, has joined the DKI network. Advanced Restoration Corporation has provided insurance restoration in the West Babylon marketplace since 1990. Foreclosure Repairs: "Streamlined" 203(K) Loans Can Restore A Home!When buying a house that needs repair or modernization, homebuyers usually have to follow a complicated and costly process. The interim acquisition and improvement loans often have relatively high interest rates, short repayment terms and a balloon payment. However, Section 203(k) offers a solution that helps both borrowers and lenders, insuring a single, long term, fixed or adjustable rate loan that covers both the acquisition and rehabilitation of a property. Streamlined 203(k)s are discussed. Ice Dams & Water Damage PreventionWater damage is one of the most common forms of damage to both residential and commercial properties. Damage caused by ice and snow can be prevented by following some tips.
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