Author Archive
Home Improvement - Owner Builder Style
Many families who fix up their homes save money by doing some of the labor themselves. In many cases, it would be a waste to hire a general contractor for simple home improvements that you can do yourself. Therefore, people often get this DIY version of home improvement confused with full scale owner builder […]
Understanding Real Estate Zoning Before You Buy Your Land to Build Your House as An Owner Builder
If you want to build your home with a general contractor or as an owner builder, you are almost certainly going to need financing in the form of a construction loan or an owner builder construction loan. So, before you ever commit to that dream plot of land, you better first understand the zoning implications […]
The Inner Workings of Interest Rates for Owner Builder Loans
A good owner builder construction loan will have only one closing to cover the land purchase, construction phase, and conversion to your permanent financing. Therefore, the owner builder loan will have two sets of interest rates: one while you build, and one rate for when you move into your new home. Every owner builder should […]
Build Your Personal Nest Egg in Today’s Financial Climate With Owner Builder Construction
Owner builder construction is a creative way to build instant equity in your primary residence, which will jump start a family’s nest egg even in today’s financial climate. The decline of the housing industry leaves the doors wide open for an owner builder to take advantage of decreased land and labor costs and save tens […]
What Prevents Most Businesses from Using Ezine Marketing
Who should be using ezines to market their products or services? The answer is every single business owner in America. We all know that ezines provide an enormous list of marketing benefits.
First of all, they provide inexpensive and immediate delivery to a client. Second, ezines give you a perfect chance to establish yourself as […]
How to Co-Sign for a Loan Without Hurting Yourself
If you are considering co-signing for a loan to help out a close friend or family member, the best advice is to walk away. Don’t do it. It could cause real harm to your credit score and to your qualification numbers when you need a mortgage yourself. But, if you must be a co-signor, […]
20 Do’s and Don’ts of Owner Builder Construction Loans
If you are considering being an owner builder and managing the construction project without hiring a general contractor when you build your own home, then you need to go into the process as prepared as possible. These twenty tips will prove invaluable when shopping for and completing your owner builder construction loan.
1. Owner […]
How to Choose the Right Closing Agent for Your Owner Builder Loan
Owner builder construction loans are more complicated than simple purchase or refinance loans. Whereas these simple loans are typically involve one easy step, owner builder construction loans on the other hand involve the payoff of the land, the construction loan holdback amount, and the conversion to the permanent financing. In other words, that’s three […]