To finance a home building project you need to look at getting yourself into the best possible financial shape for buying a home. Here are some useful tips to get you started in financing a new home. Tips on How to Finance a New Home How to Finance a New Home Tip 1: Clean up…
Understanding construction loans and how they work, is important when going to apply for a loan. A construction loan is a very simple loan, similar to a balloon note. It only charges interest during the construction process, and the entire amount of the loan is due upon completion of construction. Yes, that sounds scary, but…
There are many ways to find a builder for your new home. Let’s walk through each one. How to Find a Builder Step-by-Step Many people use the Internet to find home builders. A simple way to approach the Internet is to go to Google and type in a search for home builders in your local…
It is important to remember that home building contractors are all unique. Just like all talented people, they have specialties, personal tastes and a general style which shows in their work. Just as you wouldn’t ask Rembrandt to copy Picasso, don’t ask a building contractor to step too far outside his comfort zone. Instead choose…
When preparing to build your custom home, you will want to three to five custom home builder estimates. The best way to get reliable quotes, that you can compare accurately, is to be sure that all the contractors are bidding on the same home. Often both small and large differences in quality will not be…
You might be trying to decide between buying an existing home or building a new home. The eight advantages of purchasing a new home below might help you decide: Eight Purchasing New Home Advantages Purchasing New Home Advantages 1. Get a new home your way. When you build a new home, you get to call…
With energy prices rising, building a energy smart home is more important than ever. A large part of balancing a modern budget is keeping the utility costs down, especially for families making house payments. Fortunately, today it is very easy to design and build an energy efficient home. So what is the recipe for energy…
In order to make a new home construction cost estimate for a log home, you must be familiar with prices of materials and labor. It also helps to have specialized software designed to take those figures and multiply them automatically, by the quantities needed. This is why a home builder or contractor can whip up…
There are many home building tips and tricks that will help you save money on your new home. Some tips are in the plans, others involve doing some of the work yourself, and still others involve loans. Some save a little while others may save you $100K or more. Long-term savings on utilities, and interest…
Okay, so you’ve decided to build a new home. Or maybe you’re simply thinking about it and kicking the idea around. Whatever your situation the first thing you need to do is learn about the home building process. The good news is we’ve made it simple for you to become educated on home building and…