Most people are not very clear on the question; “How do construction loans work?” It all seems very complicated but the following facts may help clarify the concepts involved. Practically speaking a construction loan actually involves the need for two loans. The construction loan itself only covers the amount of time while the construction is…
There are many ways to save, when building a new home, and costs associated with construction need not cripple your finances for the next 30 years. Most first time home buyers are shortsighted on costs, thinking only of the amount they have to spend. No matter how much or how little you qualify for, the…
Mortgage rates for building a home and for refinancing are being held artificially low by our Federal Government. Rates in 2011 have been around 3 or 4 percent with good credit. According to FED plans, rates should remain low until the spring of 2013 at least. Beyond that there is no established policy. The rate…
Energy star home building packages must meet guidelines set by the U.S. Environmental Protection Agency. An Energy Star home must be 15 percent more energy efficient than a home meeting the 2004 international residential code, or IRC. Further, it must have other features which make it 20 to 30 percent more efficient than homes built…
Going over a custom house building checklist will help insure that you get the home your family wants. Building a custom home is one of the most exciting things a family can do, but what happens when families are disappointed by the results. Here are a few ways to insure satisfaction. Custom House Building Checklist…
<img src="https://www.homebuildingsmart.com/wp-content/uploads/2011/01/what-to-look-for-in-new-home-builder-reviews.jpg" alt="" title="what to look for in new home builder reviews" width="200" height="200" class="alignnone size-full wp-image-827" If you are thinking about building a new home, it is important to check the credentials of your prospective home builder. Reading online new home builder reviews is a great way to make an educated decision. New Home…
If you are even considering building a home, you need to learn how to get construction loan financing. With the proper preparation, getting a home loan can be amazingly easy. Without the right preparation it can be impossible. Here are some great tips for obtaining the best loan. How to Get Construction Loan Financing Steps…
With the current state of affairs in the housing market, prospective new home owners face a market that is friendly and favorable. The first question you will face, purchase an existing home versus building. To help you decide I recommend you put together a new home building checklist to determine what you should do. New…
When shopping for loans for building a new home there are many factors that can derail your process. It is best to know about these and resolve them before you start. Getting a loan is very easy if you are prepared and nearly impossible if you aren’t. Let’s go over a couple tips to help…
Building a home can be confusing, frustrating and costly without proper planning. Our free 98 page guide makes the planning process much easier and smoother, and insures you get the home you really want and need. Get the guide and learn how to avoid frustration, costly mistakes, select the right home builder and get tips…