Finding the answer to the question “what is a construction loan?” can be a complex process unless you understand that construction loans vary, and are sometimes quite dissimilar from each other. Below I’ll answer many questions associated with construction loans. What is a Construction Loan: Features While construction loans vary there are certain features which…
The first step in creating a new home building budget is to consider your resources, your goals and your priorities. It is crucial to consider everything you have, not just your money, but also your skills, creativity and spirit of adventure. It is also important to assess your real goals and priorities. For some, moving…
A new home building checklist, for the many decisions to be made when planning to build a home, will help guide prospective homeowners in all their home building decisions. Our checklist proceeds in order throughout construction, to illustrate each phase of construction and the many choices available for each. For more information on any item…
When embarking on the journey to build your own home it is a good thing to understand home building basics. Knowing the basics will help you in planning your new home and will also be useful with the many questions and emotions that are part of building a new home. Let’s go over a few…
The new home final walk-through is your last chance to raise objections, or get things fixed before you sign off on contracts. Many builders like to provide a sort of unveiling on the last day. It is hard to concentrate on looking at the house on the big day, but you should control yourself, and…
It’s easy to become simply awestruck by the appearance and smell of a new house, but try to remember these purchasing new construction tips, to avoid being taken in by the shiny stuff. Shiny stuff is what contractors and home builders call floor coverings, wall paper, great new cabinetry and all the other things that…
When it comes to custom home building advice, the best advice is to know what you want, and to be determined to get it. That may sound simple but it is not what most people do. This custom home building advice will cover the five most common mistakes people when building a new custom home.…
New home planning takes getting down to the nitty gritty by getting very specific about what you need and want in your new home and planning it out. The first step in new home planning is to have everyone who will be living in the new home answer the following questions. Have each person write…
In many cases home building will require that you obtain a construction loan, but it depends on which home builder or contractor you select. With both, you will need a down payment. Steps to Getting a Construction Loan Down Payment For the purpose of this article lets focus only on a construction loan and what…
The residential home building process has become much more widely varied in the past decade. New green technology and concern for energy efficiency led to some major changes and a wide array of options in the building process. The importance of energy efficiency and the overall ecological concerns revolutionized the building industry. The New Residential…