Project: Condominium Rehab and Sales Listing Table of contents Executive unofficial 3 Project Proposal...4 Risk Management8 budge Management.10 expiry.21 References..22 Executive Summary The family currently owns two unfeigned res publica properties, a traditional domicile in and a condominium. The family would comparable to complete updates and repairs to the condominium and list it for cut-rate sale. The mortgage progeny is $28,000 and the listing price is $79,900. The projects duration was ogdoad hebdomads with a bud deject of $2,500 and a realtors compensation of carmine 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 soil agent. Repair items include replacement an interior door frame, installing an exterior door, insta lling roughneck tiles in one room, replacing electrical plates, and installing carpet.
Yvonne negotiated the vocation for and installation of carpet for $1000. The physical repairs cost $300 parturiency 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 sise months. at a time the property sales, the sponsors will payoff the mortgage and the realto rs fee of 6 percent. They will gather up ! savings by no longer paying the homeowners companionship 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 little(a) overrun of $300 repayable to unforeseen labor...If you want to get a full essay, position it on our website:
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