A builder can be used for home remodeling, home improvement projects, gut rehabs and new construction. The best way to get a good builder is to get referrals from people the builder has worked with before, friends or other people you trust. Learn more about hiring a builder and what recourse you can take if the job doesn’t go smoothly.
Construction Loans Versus End Loans
A residential construction loan is used by a homeowner while he or she builds a home. The lender gives the borrower a bit of money at a time as the building is put up. When the home is up and the homeowner moves into it, an end lender - meaning a lender that wants to give the borrower a permanent loan - will finance the property as it would any home, without dealing with construction issues. During the construction process, the lender will give you money to continue with your construction. Each time you need money for the construction you request a "draw" on the loan. Once a portion of the loan is paid to you, you have to start paying interest on the loan.
Real Estate Minute: Get CLUE Report In Addition To Seller Disclosure
Real Estate Minute with Ilyce Glink Get a CLUE about the condition of the home you want to buy Original Air Date: October 11, 2006
Real Estate Minute: How To Compare Incentives From Builders
Real Estate Minute with Ilyce Glink How To Compare Incentives From Builders Original Air Date: October 10, 2006
In A Tough New Construction Market, Builders Are Penny-Wise And Pound Foolish
Last week, I got an email from a home buyer who had been told by a builder's representative that because she was unagented when she first saw the prop...
Real Estate Minute: Can’t Sell Your Home? Your Builder May Help You
Real Estate Minute with Ilyce Glink Can’t Sell Your Home? Your Builder May Help You Original Air Date: September 22, 2006
Real Estate Minute: Builders Use Auctions To Sell Property
Real Estate Minute with Ilyce Glink More builders are using auctions to unload property Original Air Date: August 30, 2006
Serving Those Who Serve
For disabled veterans who are returning home, and need remodeling done to their homes to accommodate their disabilities, help is on the way. Serving ...
Today’s Show On Newstalk 750 WSB
On today's show, we'll take a look at some of the new scams that popped up this week, and follow up on some issues relating to Identity Theft. I'm con...