When building a home, financing the construction can be a complex process. Two popular loan options are the one-time close construction loan and the two-time close construction loan. Understanding the differences between these options will help you choose the one that best fits your needs. One-Time Close Construction Loan A one-time close construction loan, also
Building your dream home is an exciting journey, but it comes with many important decisions, one of the most critical being the choice of building materials. The materials you select will impact everything from the durability and energy efficiency of your home to its overall aesthetic and maintenance needs. Understanding the benefits and drawbacks of
When starting the journey of building your new home, it’s crucial to have a financial plan that is as personalized and secure as your future home. A construction loan that locks in your rate for 12 months is an essential tool to stay ahead of inflation and avoid the stress of rising interest rates. Why
Building your dream home is an exciting journey, but sometimes, unexpected delays can happen. If your construction project is taking longer than anticipated, it's important to stay proactive and informed. Here’s what you can do to navigate these delays effectively. Communicate with Your Builder First and foremost, maintain open lines of communication with your builder.
Privacy is a premium in most households, particularly if you are sharing living space with a big family or an extended family member. One popular way to create a residence within a residence is to add on a mother-in-law suite. A mother-in-law suite is a separate living space within or near your home that is
Last week's economic reporting included readings on Case-Shiller Home Price Indices, new home sales, and consumer sentiment. Weekly readings on mortgage rates and jobless claims were also released. No readings were released on Thursday or Friday due to the Thanksgiving holiday.
There are many homeowners who hire contractors to make repairs or upgrades on their homes. It is critical for home improvement contractors to follow all rules and regulations set forth by the law. These regulations have been set forth under the Home Improvement Consumer Protection Act, or HICPA.
