Margaret Koch did not know what she was going to do when her home repair cost began to wear down on her finances. She had only lived in her home for two years and the cost of major plumbing and home maintenance repairs were becoming too costly and overwhelming for her monthly fixed income.
“It is really frustrating when you feel like you have done everything right, and there are still obstacles that seem impossible to overcome.”
As a first time homebuyer Margaret thought she had did everything to ensure that she was purchasing a home that would fit her needs and budget. Margaret stated that she had two home inspections completed and both stated that the home was not in need of any major repairs.
It was shortly after Margaret moved in that her plumbing started backing up and causing issues. “I had plumber after plumber come in and try to fix the issue.” She had hired a company to go inside the plumbing and replace a pipe that had collapsed. Once the company notified her that the work was complete she was still facing regular plumbing and back up issues. “Even after I fixed the problem, I was spending nearly $200 a month on plumbing repairs.” Margaret explained.
“It was not until I found NeighborWorks that there was light at the end of the tunnel…I called NeighborWorks and Robert was here the next week. They helped me find contractors to fix my plumbing issues, and also discovered that the original work was not completed.” Margaret explained
NeighborWorks Dakota Home Resources worked with Margaret to find a contractor that could complete the necessary home repairs at a cost that she could afford.
“I would not have been able to complete these repairs without NeighborWorks. I will have a small loan payment, but it is a payment I can afford.” Margaret explained. “If I would not have found NeighborWorks, I would have had to sell my home.”
NeighborWorks® Dakota Home Resources is able to provide low interest rate loans and forgivable loans for home rehabilitation and repair projects throughout Western South Dakota, thanks to the support from NeighborWorks® America, South Dakota Housing Development Authority, US Bank and Wells Fargo Bank.
NeighborWorks® Dakota Home Resources completes around thirty home rehab projects annually. Assistance ranges from replacement of furnaces and hot water heaters, to updating electrical and plumbing homes. In 2013, NeighborWorks Dakota Home Resources invested over $100,000 into preserving and rehabbing affordable homes throughout Western South Dakota.
Margaret explained that she could not have been happier with the contractors that completed the repairs. “They did quality work, and Neighbor Works was there for me whenever I had any questions.”
NeighborWorks® Dakota Home Resources is a private non-profit organization that works to assist families with their dream of homeownership and revitalize the communities to improve the quality of life. NeighborWorks® Dakota Home Resources can assist you in fixing your home. Call NeighborWorks® Dakota Home Resources at 605-578-1401 for more information.