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Home Sweet Home – After Six Months, Florida Family Moves into 203k-Loan Renovated Home

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By Stephanie Andre

RISMEDIA, June 22, 2010—Last month, we brought you part one of a story about Ronald Black, a man who purchased a government-auctioned home in Lakeland, Florida, for just over $37,000 and then used monies from the FHA’s 203k loan program to significantly renovate the home.

After closing on the home at the end of February, Black began renovations using Lowe’s services in mid-March. Contractors began the extensive work that included new electrical wiring of the entire home. “The home’s electrical system was nowhere near modern-day codes,” Black explained recently. “It would never have passed inspection.”

Less than two months later, Black and his family—his son, daughter-in-law and young grandson—all finally slept in their new home on May 5.

“We just got in…it was wonderful,” says Black proudly. “It was a great first night together, after about four months apart. It’s a big old mess with all of our stuff just moved in, but we’re very happy with it.

“We had a few minor delays, with ordering materials and coordinating install times, but nothing major,” adds Black. “The Lowe’s people were really nice. The leader of the crew, Will, was great—we understood each other really well. He understood my bottom line and that we needed to stay within the budget.”

And now, the end result is the equivalent of a brand-new home.

Lowe’s contractors installed an entirely new electrical system—including air conditioning and heating—and completed plumbing work and wall repair. “This house never had central heat and air…now it has that and ceiling fans,” says Black.

Additionally, contractors added carpeting and new floors and renovated the entire kitchen with new cabinets and kitchen appliances. They also installed a new hot water heater, poured a 500-square-foot cement porch and put up a double fence.

“That double fence means the world to me,” says Black. “Now, I know my grandbaby will be safe.”

This renovation was not just about Black, but also his son’s family, who had recently gone through some tough financial times.

“From the bottom of my heart, I truly thank everyone at Lowe’s who was involved, especially Michelle [Deatherage]—she went above and beyond what she needed to do to help me get this done,” says Black. “With Lowe’s help, I got back what I needed…a home with my family. We’ve been brought back together and that means the world to me.”

For more information on the 203k loan program, visit www.hud.gov or www.re-buildusa.com.

Lowe’s contractors and installers are licensed where required. For more information, visit www.lowes.com.

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