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45 Days To Close45 Days To Close

To simplify and expedite the processing of your renovation loan, RenovationReady™ created a turn-key process to assist homebuyers, agents and loan officers. Our service commitment makes 45-day closings a consistent reality.  You can count on RenovationReady™ to guide you every step of the way...from finding the right home to closing your loan...all in 45 days. And we make the entire experience stress free!

Why it's important to close your renovation loan in 45 days:

  • Make your offer more competitive
  • Obtain your dream sooner
  • Increase the number of homes you can evaluate for purchase

Our 45 day Timeline

Days 1-10:

  • Contract signed and received by RenovationReady™
  • Property screening scheduled and completed
  • Minimum repairs document created and issued to borrower and lender

Days 11-20:

  • Preliminary costs determined
  • Borrower selects contractor and contractor background check
  • Inital "new" property valuation determined
  • Contractor and HUD consultant meeting

Days 21-30:

  • Final project documentation is completed and appraisal received
  • Lender sent all documentation needed for closing phase

Days 31-45:

  • Lender underwriting and closing

Attention home sellers: Want to make your property more marketable? Let us show your Realtor how it can be done by making your home – “RenovationReady™”.

 

We've been remodeling homes for 15 years in Phoenix and have had a terrible experience with some lenders doing 203k loans. Most don't know how to process our bid and coordinate with the HUD consultant...and many can't figure out how to process a draw payment. Frankly, when Larry C (homeowner) introduced us to RenovationReady and we heard about your services, we were skeptical. But after processing the first 3 draws - all within 7 days - we're a believer that your system is all you said it would be. We'll be happy to work on any home with you guys! -Peter S, General Contractor

Have questions? Learn more about how RenovationReady™ helps homebuyers and homeowners navigate the renovation process.