The short answer to the question "Can I use my land as equity for a construction loan" is yes. If you own your land outright (no mortgage or liens) you can likely use your equity in the land toward the purchase of a new home. In...
There are 10 Questions to Ask Custom Home Builders if you are considering a new home building project in Tampa Bay. Whether you have built a custom home before or its your first time, these are fundamental questions you should know the answer to as...
Custom Home Financing is different than getting a mortgage for an existing home. Unlike getting a conventional mortgage for an existing home, choosing to build a new luxury custom home means you will need to consider other financing options. If you've decided that you want a home...
For many new home buyers, how to estimate property taxes for their new custom home build can be confusing. Without an amount based on historical figures like an existing home, how do you know how much to allocate for your property taxes? With that in mind,...
The question pondered by many as they consider building their dream custom home is "should we build our fantasy home or just buy an existing home with as much of what we are looking for as we can find?" Before you get nervous about the cost of...
• The first thing that needs to be done prior to closing on your construction permanent loan is to acquire a survey of the land you are purchasing. Even if the seller provides you with one, it is wise to get one done on your...