Pine Tree Construction (PTC) is a family-owned and operated business for over 30 years in Utah and California. Our business is built upon honesty, integrity, and high-quality performance.
For more than 30 years, PTC has helped owners bring their building dreams into reality. We not only deliver superior construction quality, but we put our clients first with valued engineering ideas to save money and time. Throughout our 30 years of operation, we have always had one goal in mind, Customer Satisfaction.
We are a member of Better Business Bureau. Additionally, we are a certified contractor for 203(K) HUD program.
PTC has taken the time to build a solid foundation of expertise and knowledge that offers our clients a systematic and ground-up approach for any type and size of projects.
We are proud to offer financing to help our customers bring their dreams into reality by choosing a program that will meet their needs. We also accept credit cards and PayPal. By using these products; we can build your commercial project, your first home, build your
retirement nest, finish your basement, add a new bedroom and bathroom, or do an addition to help you with your growing family and many other renovations.
Building on a rich legacy of excellence and integrity, PTC will make your dreams and concepts a reality in a timely manner and affordably with outstanding customer satisfaction through each phase of building project.
Hud 203k loans can be used for various renovating projects.
The following is from an article from houzz.com
If you are looking for a sense of how much it will cost to renovate your home, and how long it
might take, we have got some numbers for you.
The 2016 Houzz & Home annual survey gathered information from more than 120,000
registered users of Houzz, including more than 70,000 who renovated in 2015. Their responses
provide insight into how your own renovation project might play out.
High renovation costs can be surprising for first-timers. After all, it is easy to fall in love with photos of a high-end kitchen or Sub-Zero appliances when you don’t have to pay for them. “A lot of times people have grandiose ideas or pictures of things that they have seen — it looks great but doesn’t fit their budget,” says Brandon Quinton of Cameo Homes in Salt Lake City. “Everyone is drawn to the most expensive stuff. Everyone has got expensive taste; they just don’t know.” Houzzers Tell Us How Much It Cost, and How Long It Took.
Your accounting professor (or a parent or grandparent) may have told you that it is important to have, and stick to, a budget. If you find that challenging, don’t feel too bad. A whopping one-third of renovators surveyed began their projects without setting a budget at all.
Did they pay dearly for that? Surprisingly, no. Owners who started with no initial budget actually spent less, by about $8,000, than those who had a budget and stuck with it. It could be that the budget-avoiders were doing DIY projects, renovating over time or taking on lower-cost projects overall.
As for those homeowners who exceeded their budget, well, they spent twice as much as those who had no budget at all. And they probably had some gorgeous results for their big spend. Notably, only a tiny fraction of renovators came in under budget.
Why do people go over budget? Often because they have nice taste. Nearly, half of the people who went over budget in their renovations said they decided to buy more expensive materials and products than initially planned, while about one-third decided to change the scope of their project.
36% Stay on budget
31% Start a project without a budget
31% Exceed their budget
3% Complete under budget
How Much Will This Cost Me?
So how much does a renovation cost overall? Obviously, the total cost will depend on the project’s scope, the materials selected and the fees of the professionals hired to do the job. Owners who completed our survey spent an average of $59,800 on renovation projects. Keep in mind that this figure is an average for all types of projects, including basement remodels and full kitchen gut jobs. Each project is unique, and the average renovation spend figure is not intended to be the norm for every project.
That said, the averages do provide some interesting guideposts. Notably, recent home buyers spent twice as much as people getting ready to sell. “Recent home buyers tend to do more, spend more and are more likely to hire professionals to help with their renovation project than other homeowners,” says Nino Sitchinava, principal economist at Houzz.
Renovation spending also correlated with age (and presumably savings): Homeowners 55 and older spent an average of $73,300, those 35 to 54 years old spent an average of $52,100, and those ages 25 to 34 spent an average of just $24,500.
Given the costs of renovation, it may be surprising to learn that the overwhelming majority of renovators surveyed used savings or personal finances to pay for their projects. The youngest group of homeowners relied on credit cards far more than those over age 55.
Another popular and efficient method is using 203k HUD program. An FHA 203k loan permits home buyers to finance repair/improvement money into their mortgage to repair, improve or upgrade their home. With this loan option, home buyers can quickly and easily tap into cash to pay for property repairs or improvements, such as those identified by a 203k Consultant, FHA approved inspector, FHA appraiser or home buyer preferences (see list below). There are two types of FHA 203k Loans: Standard (minimum rehab $5,000 up to FHA maximum loan amount) & the Streamline/Limited (minimum rehab $0 – $35,000…cannot exceed FHA maximum loan amount). The FHA 203k Standard loan is more like a construction project, and the FHA Streamline/Limited 203k Loan is for more minor improvements. CLICK HERE for the FHA maximum mortgage amounts for yo