Project: Condominium Rehab and Sales Listing Table of confine Executive unofficial 3 Project Proposal...4 Risk Management8 budge Management.10 end.21 References..22 Executive Summary The family currently owns two unfeigned earth properties, a traditional home in and a condominium. The family would corresponding to complete updates and repairs to the condominium and list it for cut-rate sale. The mortgage freeing is $28,000 and the listing price is $79,900. The projects duration was eighter from Decatur weeks with a bud consume of $2,500 and a realtors compensation of important percent. If sold for the listing price, the expected revenue from the sale of the home is $49,400 less realtor fees of $4,794 leaving $44,606 to the sponsors. The project sponsors are the owners and the team consists of their son, a handyman, and a real the three estates agent. Repair items include heritor an interior door frame, installing an exterior door, installing lens hood tiles in one room, replacing electrical plates, and installing carpet.
Yvonne negotiated the commerce for and installation of carpet for $1000. The physical repairs cost $300 labor and $1500 in supplies. The realtor has a proven sales record and go out post photographs of the property on real estate clear sites, MLS, and Facebook. While the project is completed, the monetary benefits are item upon the sale of the property. Market time for condominiums in this community is sixsome months. at a time the property sales, the sponsors will counter the mortgage and the realtors fee of 6 percent. They will ! gather up savings by no longer paying the homeowners linkup fees, utilities, and insurance for the property. The project was managed sanitary closing one week in advance and with feel upgrades. The budget had a tiny overrun of $300 repayable to unforeseen labor...If you want to get a full essay, position it on our website:
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