 CLC
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Remodeling or
building a new home is a complicated process. Finding a
qualified contractor to do the work is even more complex. So,
where does one begin? Most contractors do not advertise their
services; instead, they rely on word-of-mouth referrals. Start
by asking friends, relatives, and co-workers if they know of any
good builders. With the recent construction boom, chances are
they know of quality contractors...
Everyone has thought of building their own home at some point in their
lives. Some never act on this thought because they think it is
not possible or too expensive. Yet, there are others who
inquire more and find out what most contractors do not want you to
know. By acting as an owner-builder, you can save thousands of
dollars as opposed to hiring a General Contractor (GC)...
You have probably heard of modular and manufactured homes – but what
are they? Who builds them? Do they hold their value
well? These are all valid questions, and the answers may
surprise you. Modular and manufactured homes are not the same,
and each one has unique characteristics that can impact you and your
finances...
When building a home, you will be confronted with various contracts
from contractors. Some will be detailed and others ambiguous.
The challenge is carefully evaluating the contract that will benefit
you. You will find two basic types of contracts: the cost-plus
and the fixed contract. Each one is different and can help or
hurt your budget and stress levels. To learn more about
construction contracts...
Without
proper planning, construction costs and quickly spiral out of
control. Arguably, construction is one of the most difficult
processes people can encounter. There are a multitude of
entities and costs that combine to form a construction budget and
project. However, proper planning and investigation can remove
much of the doubt surrounding costs. The following techniques
can you help – and your project – finish on time and on budget.
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More
Information ABOUT |
Construction Loan Calculation.
How to do
a construction loan budget.
The first critical steps that will help you determine the
construction loan amount. |
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Home Equity Line of Credit
You can borrow
against the equity in your present property and use the proceeds to
use for the down payment of your new home’s construction loan.
We offer
home equity lines of credit
for up to 100% of the value of your property, including both
documented and stated income programs.
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New FAQ Blog
An extensive blog of
frequently asked questions dedicated to the entire process of
building your own custom residential property, from the time you
start looking for a lot to the time when you choose from the verity
of construction loans available to obtaining the completion
certificate.
Go to:
Construction Loans FAQ
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