Looking for some guidance on process/steps for purchasing and renovating our first house.
We are looking into the possibility of purchasing the house that we are currently renting from the homeowner. Home is a 1950's 2/1 inside the Houston loop. Work would include adding a master suite, move laundry from garage to interior, and fully renovating the existing bathroom and kitchen.
We are starting to reach out to contractors for quotes now and then were going to finalize the loan once we had an idea on renovation costs.
Is that the right process? What steps are we missing? Should we get a realtor involved to confirm current pricing of home or post renovation pricing on the house or help with the loan and paperwork needed?
Any help/tips/recommendations for contractors realtors etc. are greatly appreciated.
We are looking into the possibility of purchasing the house that we are currently renting from the homeowner. Home is a 1950's 2/1 inside the Houston loop. Work would include adding a master suite, move laundry from garage to interior, and fully renovating the existing bathroom and kitchen.
We are starting to reach out to contractors for quotes now and then were going to finalize the loan once we had an idea on renovation costs.
Is that the right process? What steps are we missing? Should we get a realtor involved to confirm current pricing of home or post renovation pricing on the house or help with the loan and paperwork needed?
Any help/tips/recommendations for contractors realtors etc. are greatly appreciated.