Here are some pictures of a recent Pella Designer Door install in Western Springs.
This install was done by the master installers at Progressive Contracting, Inc.
Monday, January 23, 2017
Saturday, January 14, 2017
Pella Proline Prep
The finishing experts are going to apply stain in our Progressive Contracting shop, before sending out these Pella Proline windows, to be installed in Naperville, IL
Tuesday, July 19, 2016
Siding Replacement in Warrenville
A happy homeowner in Warrenville gets new Siding installed from Rightway Windows and Siding of Lisle,IL
This home suffered hail damage from a storm on August 2, 2015 and because of that and the hail marks all over the home their insurance company covered this.
If your house looks like this you might also qualify.
this home is an extreme example, as it was heavily hit. Even if you notice just a few you can still qualify.
Monday, June 20, 2016
Identifying Hail Damage on your home.
How to Spit Hail Damage
Identifying hail damage on your belongings, such as patio furniture or your car is relativily
straightforward. The round dings in metal are obvious signs of hail damage. However, determining whether your roof has sustained damage from a hailstorm may be a little more difficult. It is important to keep your roof in top condition to avoid structural deterioiration that may cause leaks. Many insurance companies will consider paying for a roof that has been damages for hail, but it must be assessed properly. Insurance adjusters will require the opinion of a professional roofing contractor before they will consent to the work being done, but you can also check for hail damage yourself before calling a roofer by following these tips.
Identifying hail damage on your belongings, such as patio furniture or your car is relativily
straightforward. The round dings in metal are obvious signs of hail damage. However, determining whether your roof has sustained damage from a hailstorm may be a little more difficult. It is important to keep your roof in top condition to avoid structural deterioiration that may cause leaks. Many insurance companies will consider paying for a roof that has been damages for hail, but it must be assessed properly. Insurance adjusters will require the opinion of a professional roofing contractor before they will consent to the work being done, but you can also check for hail damage yourself before calling a roofer by following these tips.
1. SEARCH FOR DAMAGE ON THE METAL
- Check metal roof vents, flashing, or metal valleys on the roof to see if there are any dents. Soft metal will show dents and also indicate the size of the hail.
2. SET UP A LADDER TO YOUR ROOF TO EXAMINE THE TOP OF THE ROOF
- Check the ridge cap of the roof for dents. This area of the roof will receive the most damage from hail since it is flat and will take a direct hit in a storm
- Look at the shingles. Check the whole shingle, as well as the edges for signs of damage.
3. INDENTIFY THE TYPES OF DAMAGE CAUSED BY HAIL. THE 3 MAJOR SIGNS OF HAIL DAMAGE INCLUDE BRUISING, CRACKING, AND GRANULES MISSING FROM SHINGLES.
- Check for missing pieces in the asphalt of the roof. Look for areas on the shingles that have exposed, black substrate. This means the granules of the asphalt have been compromised or knocked off by something.
- Search for bruising in the shingles. Dents from hail are not always completely visible. Run your hand over the shingle to feel for small dimples in the surface. Press one of the dimples to see if it has any give, if it does this is a sign that the shingle has begun deterioration.
- Look for cracking in the shingle. Large hail can make circular crack if the hail hits hard enough.
this article can be found on Wikihow
Rightway Windows and Siding at 4621 Devon Ave. Lisle, IL www.lisleroof.com
Great guys to work with on your next roof replacement project.
They have an a+ rating on the BBB
They are also experts in hail damage inspections, and will help you through the process of working with you insurance company to get all of the damage covered.
Thursday, May 26, 2016
What is a 203K Loan?
203K Loans
What is a 203k Loan?
Borrowers who wish to buy a fixer-upper often run into trouble when they discover their lender will not provide a loan on a home that is considered "uninhabitable" in its current condition.
A FHA 203k loan allows consumers to borrow money for home improvement and home ownership in a single loan. These loans are offered by the Federal Housing Administration (FHA) to encourage lenders to loan money for seemingly risky purchases, with a goal of revitalizing neighborhoods and improving homeownership opportunities.
FHA 203k loans are designed for damaged homes or those requiring significant rehabilitation in Dupage County, IL. The loan covers the cost of the property as well as necessary repairs.
How FHA 203k Loans Work
The maximum FHA 203k loan depends on whether it is a regular loan or a streamlined FHA 203k. With a regular loan, the maximum amount a borrower may receive is the lesser of the as-is value of the property plus repairs, or 110% of the estimated value of the home once repairs are complete. With a Streamlined FHA 203k, borrowers may receive a loan for the purchase of the home plus $35,000.
FHA 203k loans may be adjustable or fixed rate mortgages with a 15- or 30-year term in Dupage County, Illinois. Rates tend to be slightly higher than a traditional FHA loan.
Homes That Qualify
For a regular 203k loan, the home may have structural repairs that are necessary. A Streamlined 203k loan is for homes that require non-structural repairs. To qualify, the homeowner must plan to live in the home. The following types of homes qualify for an FHA 203k mortgage:
The FHA offers strict guidelines on which repairs can qualify for a 203k loan, and the lender may stipulate which repairs are allowed. Allowable repairs include the following:
Pros and Cons of a 203k Loan
The main benefit of an FHA 203k loan is they allow buyers to purchase a home that needs repairs that would otherwise have been unaffordable. There are usually minimal down payment requirements, and interest rates tend to be low, although they are not as low as a traditional FHA loan.
Not all properties will qualify for a 203k loan, and not all lenders offer this product in Dupage County, Illinois. To apply, the borrower must provide proof of income, assets and sufficient credit, as well as a home appraisal, how much the home will be worth after repairs and a detailed proposal of the work necessary on the home. A 203k closing may take anywhere from 60 to 90 days.
Borrowers who wish to buy a fixer-upper often run into trouble when they discover their lender will not provide a loan on a home that is considered "uninhabitable" in its current condition.
A FHA 203k loan allows consumers to borrow money for home improvement and home ownership in a single loan. These loans are offered by the Federal Housing Administration (FHA) to encourage lenders to loan money for seemingly risky purchases, with a goal of revitalizing neighborhoods and improving homeownership opportunities.
FHA 203k loans are designed for damaged homes or those requiring significant rehabilitation in Dupage County, IL. The loan covers the cost of the property as well as necessary repairs.
How FHA 203k Loans Work
The maximum FHA 203k loan depends on whether it is a regular loan or a streamlined FHA 203k. With a regular loan, the maximum amount a borrower may receive is the lesser of the as-is value of the property plus repairs, or 110% of the estimated value of the home once repairs are complete. With a Streamlined FHA 203k, borrowers may receive a loan for the purchase of the home plus $35,000.
FHA 203k loans may be adjustable or fixed rate mortgages with a 15- or 30-year term in Dupage County, Illinois. Rates tend to be slightly higher than a traditional FHA loan.
Homes That Qualify
For a regular 203k loan, the home may have structural repairs that are necessary. A Streamlined 203k loan is for homes that require non-structural repairs. To qualify, the homeowner must plan to live in the home. The following types of homes qualify for an FHA 203k mortgage:
- Tear-downs, as long as part of the foundation remains
- Existing construction that is at least 12 months old
- Single-, two-, three-, and four-family homes
- Condos if they are approved for FHA loans
- Mixed-use properties if only the home portion will be repaired
- Homes that must be moved to rest on a new foundation
The FHA offers strict guidelines on which repairs can qualify for a 203k loan, and the lender may stipulate which repairs are allowed. Allowable repairs include the following:
- Bathroom remodels
- Kitchen remodels
- New appliances
- Room additions or second-story additions
- Patios or decks
- Finishing a basement or attic
- Energy conservation repairs
- Roofing and flooring
- Plumbing
- HVAC (heating, ventilation and air conditioning)
- Disability access
- Site grading Additionally, labor costs must be included in the loan, even if the homeowner plans to perform the repairs.
Pros and Cons of a 203k Loan
The main benefit of an FHA 203k loan is they allow buyers to purchase a home that needs repairs that would otherwise have been unaffordable. There are usually minimal down payment requirements, and interest rates tend to be low, although they are not as low as a traditional FHA loan.
Not all properties will qualify for a 203k loan, and not all lenders offer this product in Dupage County, Illinois. To apply, the borrower must provide proof of income, assets and sufficient credit, as well as a home appraisal, how much the home will be worth after repairs and a detailed proposal of the work necessary on the home. A 203k closing may take anywhere from 60 to 90 days.
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