PROPERTY IMPROVEMENT ADVANCE

Improve the property now.

Settle the cost at closing.

Preparing a home for sale or completing important updates before moving in can require significant upfront cash. The OurHome123 Property Improvement Advance helps qualifying buyers and sellers complete approved cosmetic improvements without monthly payments during the active transaction period.

Qualifying clients may receive an advance of up to $50,000 for approved minor repairs, cosmetic updates, landscaping, and professional staging—with 0% interest for up to six months.

See how this can support a home-selling strategy, coordinate improvements through construction consultation, and review the program terms and disclosures.

Request a Seller Strategy Review

or call 818-791-1111

PROGRAM BENEFIT

Complete Improvements Before You Close

0% Interest for up to Six Months

The Property Improvement Advance helps bridge the gap between when improvements are needed and when transaction funds become available.

Instead of paying the full cost upfront, qualifying clients can complete approved work during the buying or selling process. The advanced balance is then repaid through escrow or within the program’s required repayment period.

improvements 1-2-3

How the Program Works

Review the Property

We evaluate the transaction, property condition, timing, priorities, and proposed improvements.

A recommended scope and budget are developed based on practical need, likely market impact, cost, timing, and program eligibility.

Approve and Complete the Work

Approved licensed vendors provide estimates and complete the authorized work.

Program funds are paid directly to approved contractors through structured vendor draws. Cash is not distributed directly to the buyer or seller.

Repay the Advance

The advanced balance must be repaid from transaction proceeds at the close of escrow or within 180 days of fund disbursement, whichever occurs first.

If the transaction does not close or the representation agreement ends before repayment, the outstanding balance may become immediately due.

WHO THE PROGRAM SUPPORTS

One Program. Support at Every Stage.

Whether you are preparing a property for market or improving a newly purchased home, OurHome123 helps coordinate the planning, funding, and licensed professionals needed to complete approved work.

PREPARE TO SELL

For Sellers

Prepare the property before listing without tying up additional cash. Strategic cosmetic improvements may help the home present better and appeal to more buyers.

Improve presentation and curb appealComplete approved work before listing

IMPROVE BEFORE MOVING IN

For Buyers

Complete important updates before moving trucks, furniture, and everyday life make the work more disruptive.

Make the home move-in ready soonerAddress approved cosmetic updates before occupancy

PROFESSIONAL PROJECT SUPPORT

Licensed Vendors

OurHome123 can connect qualifying clients with vetted, licensed local professionals to complete approved work without an added OurHome123 markup.

Funds are paid directly to approved contractorsClients review and approve all estimates and project details

Vendors are independent contractors and remain responsible for their licensing, insurance, scheduling, workmanship, warranties, and contractual obligations.

Questions worth addressing early.

No. Funds are paid directly to approved licensed contractors through structured vendor draws.

No. The program is limited to approved minor, cosmetic, and non-structural improvements, repairs, landscaping, and staging.

The full balance must be repaid at the close of escrow or within 180 days after funds are disbursed, whichever occurs first.

No. Eligibility depends on the client, property, available equity, transaction details, underwriting, proposed work, vendor approval, funding availability, and program guidelines.

No. No improvement, staging service, or program participation guarantees a specific sale price, return, timeline, or transaction result.

project scope

What May Be Covered

The program is intended for approved minor, cosmetic, and non-structural work, including:

Interior painting
Flooring updates
Drywall patching and minor repairs
Cabinetry and hardware refreshes
Light-fixture replacement
Landscaping and exterior cleanup
Professional staging
Other approved cosmetic improvements

The program does not fund major construction or structural modifications. All work must be approved before it begins.

who qualifies

Program Eligibility

Qualification is determined case by case.

Clients must enter into an exclusive and uninterrupted real-estate representation agreement with Shota Mkrtumyan and NextHome for a minimum of six consecutive months.

Additional requirements may include:

Property and transaction review
Available property equity
Underwriting approval
Approval of the proposed work
Use of approved licensed vendors
A qualifying purchase or sale transaction
Acceptance of all program and repayment terms

The maximum advance is $50,000 per qualifying transaction. Approval for any amount, including the full maximum, is not guaranteed.

Program availability, funding, and terms may change or be withdrawn without notice.

limiting factors

Important to Know

The Property Improvement Advance is an optional consumer incentive program. It is not:

A mortgage
An open-ended personal credit line
A cash payment to the client
Funding for structural construction
Financial or investment advice
A guarantee of a higher sale price
A guarantee of a faster sale
A guarantee that a transaction will close

Improvements may affect presentation, condition, marketability, or buyer response, but results will vary by property and market conditions.

the fine print

Program Terms, Conditions, & Legal Disclosures

The OurHome123 Property Improvement Advance is an optional, voluntary consumer incentive program available exclusively to qualifying clients who enter into an exclusive and uninterrupted real-estate representation agreement with Shota Mkrtumyan and NextHome for a minimum of six consecutive months.

Advances are limited to a maximum of $50,000 per qualifying transaction and may only be used for approved minor, cosmetic, non-structural improvements, repairs, landscaping, or professional staging.

To receive the promotional 0% interest period of up to six months, the full balance must be repaid from transaction proceeds at the close of escrow or within 180 days after funds are disbursed, whichever occurs first.

If escrow does not close or the representation agreement ends before repayment, the outstanding balance may become immediately due.

Funds are paid directly to approved licensed independent contractors. Cash is not issued directly to buyers or sellers.

Approval may depend on property equity, underwriting, transaction details, proposed work, vendor approval, program guidelines, and available funding. Participation, advance amounts, funding, terms, and availability are not guaranteed.

Contractors and other service providers are independent professionals and are not employees or agents of OurHome123, Shota Mkrtumyan, or NextHome Grandview. Clients should independently review contractor licensing, insurance, estimates, agreements, warranties, and workmanship.

No improvement, repair, staging service, or program participation guarantees an increase in property value, a specific sale price, a faster sale, a successful closing, or any other financial or transaction result.

Explore What May Be Possible

Whether you are preparing a property for sale or completing updates before moving in, the first step is reviewing the property, proposed work, transaction, and program requirements.

OurHome123 will help you identify practical priorities and determine whether the Property Improvement Advance may fit your situation.

let’s talk about your property 818-791-1111

Why work with Shota

Real-estate insight backed by medical experience, construction awareness, and business know-how.

Shota helps clients look beyond appearance and price to understand how a property works today, what may limit it later, and what it may be able to support with the right plan.

meet shota