 Who We Are, What We Do, and How We Do It
How many companies can say that through their work they make people very happy? OK, some film makers can say that. So can clowns and massage therapists. But, think about it . . . how many contractors can say they make people happy?
We can. That’s the cool thing about what we do . . . as Steve Gray Renovations, we make home owners happy because they get what they want, on time, on budget . . . and we make the process easy and convenient.
Steve Gray Renovations is one of the fastest growing high end remodeling companies in the state of Indiana. We’re professional project managers, overseeing your project from dream to reality – whether it’s a bathroom remodel, basement finish or complete home renovation. We’ll actually help coordinate any project from your curb (flower beds, custom mailboxes) to back property line (fencing, tree houses.)
As it relates to your largest investment – your home – we take our job as your one-stop contractor very seriously.
To provide you with a top quality finished product, we only work with top quality subcontractors – people we can rely on. (The companies we hire make us look great, which we like, by the way.) We don’t just stop there. Prior to every job, we work with the subcontractors to set project expectations up front so there are no surprises. Ultimately our clients . . . you . . . are happy.
Steve Gray Renovations wants to be your “go-to” contractor whether you hire us or just tap into our expertise. So, if you’ve got any questions, check out our Q & A section on our website. Type in your question, and we’ll get right back to you.
We look forward to working with you!
 We would like to welcome Professional Garage Door Systems Inc www.prodoorindy.com to our Partners Page. Professional Garage Door Systems has been serving central Indiana for more than two decades. They have built their reputation on quality service, superior doors, and competitive pricing. They are large enough to handle industrial sized jobs and small enough to appreciate the everyday repairs of your home. They have a large selection of quality garage doors and operators in stock and ready for you. Please contact Melissa Stephens at mstephens@prodoorindy.com, for any needs you may have.
Remodeling Financing / A New World Order
Arthur Haan
Financing for remodeling projects is alive and well despite the headlines regarding the current ‘credit crises’. Lending has changed its look recently but mortgage financing is still widely available for the majority of projects.
One of the more popular remodeling financing vehicles is the Construction / Permanent mortgage. This one transaction allows you finance both the remodeling project and your existing mortgages into ONE loan. The magic in this arrangement is that it allows you to finance up to 95% of the AS-IMPROVED value of the property. Additionally by combining both the construction loan and mortgage into one transaction, you save fees and redundancies in paperwork. This is one of the most cost-effective methods to finance projects of $50,000 or greater.
Home Equity Financing is still available but is now a shadow of itself. As home values have fallen nationally, lenders have reduced the amount of money they are willing to lend per home. Many lenders have concluded that they are unwilling to lend more than 85% of a home’s current value. This is a stark contrast to the 95 – 100% of value that was prevalent a year ago. Although still viable, Home Equity products are best suited to smaller projects of less than $50,000.
As a valued partner of Steve Gray Renovations, we are prepared to supply you with objective financing advice to meet your goals. The combination of Chase’s competitive products, pricing and the Haan Group’s 17 years of experience can make your project happen.
Email Arthur at: Arthur.g.Haan@Chase.com
 Arrange financing BEFORE the project starts. Eliminate the unknowns such and appraisal and approvals to reduce anxiety. Additionally, some lenders and title agents will be reluctant to lend or insure a partially-completed project if you start financing AFTER the project has begun.
Want to really find out about your remodeler? Call their trade references and their banker. Yes, you heard us. These folks will surely be able to let you know how the remodeler is to work with. Specifically ask if they pay their bills on time. (We actually give out our banker’s name and phone number so that our clients can learn more about us and they seem to really appreciate it.)
Also, this is basic customer service stuff, but remember: Only choose a remodeler who returns your phone calls, answers your questions satisfactorily, and has a trustworthy reputation.
 Borrow more than you think you will need. It's better to have available funds that you don't use instead of thinking of things you want to add DURING the project and no money.
 Choose a lender who SPECIALIZES in Remodeling Financing. Many lenders are inexperienced in lending based upon the AS-COMPLETED value of a property.
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Q&A with SGR
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