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When how you build is as important as what you build!
Building Your Dream Home - What You Need To Know

Archive for September 2013

Rent vs. Buy: Why Buying a House Generally Wins

By Anand Chokkavelu, CFA | More Articles Rent vs. buy. In finance circles, it’s a bigger debate than “paper vs. plastic” or “tastes great vs. less filling.”  It remains a debate fought by smart people on both sides, because the variables make calculus look like third-grade math.  Advocates of buying will use arguments that feature phrases such as…

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7 Reasons to Buy a House Before 2014

By SABAH KARIMI  If you’ve been thinking about taking the plunge and buying a home, the last quarter of 2013 might just be the time to do it. Rates on fixed-rate loans are still appealing, and experts say it’s still cheaper to buy than rent. Some financial institutions are also a little more lax with their loan…

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Homeowners Insurance: What is Covered and What is Not!

by Monica Perdue Homeowners Insurance can be a life saver in many instances and obviously it is a must have, but not many homeowners think twice about the insurance that protects their investment. What does the standard homeowners insurance policy really cover? While policies may vary, it’s important to know what is covered and what’s…

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Alternative Ways to Come Up With the Down Payment on a Home

To successfully purchase a home today, you will need a down payment of at least 3.5 percent of the purchase price. Gone are the days of no down payment alternatives, down payment assistance and seller-offered programs to come up with the money needed to buy a home. Instead, let’s look at the five ways you can come up with…

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Mortgage Applications Rise as Rates Dip

Applications for mortgages jump 1.3% as borrowing costs ease a tad, making homes more affordable and decision to refinance easier. NEW YORK — A dip in mortgage rates gave Americans a good reason to take out home-related loans last week, as applications for mortgages jumped 1.3%, according to the Mortgage Bankers Association. The jump in…

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New Homes Likely to Get Pricier as Lot Costs Rise

DAILY REAL ESTATE NEWS | WEDNESDAY, SEPTEMBER 04, 2013 Builders are facing rising lot prices due to a shortage in suitable lots, and the rising costs will likely get passed on to buyers of new homes. The average price of a finished lot suitable for building was up 40 percent in the second quarter compared…

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