Building a Home

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How to Buy Land to Build a House

e land under your new home is as important as the architectural plans to build the house. Homeowners look for water views, parcels of an acre or more, views of mountains or space for separate garages, swimming pools or workshops. Taking the time to thoroughly research land ...

Cost of Building a House Vs. Buying

ilding your next home to your own specifications is an ambitious undertaking. Building a home often costs more than buying one, which might mean a larger mortgage bill. It will also take months or years to complete. However, building a house gives you the freedom to design a ...

Difference Between a Performance Bond and Indemnity

nstruction projects such as home building and extensive remodeling are complicated endeavors, particularly if you don't have any previous building experience. You run the risk of causing property damage or failing to complete the project, among other possible complications. More ...

How Much Will Property Taxes Go Up for Adding a Bedroom?

operty taxes are determined by two factors: the assessed value of your home, and the amount of tax levied by your local government. Generally speaking, anything that increases your property's market value, such as adding a bedroom, will increase your property's assessed value ...

Tips on Prequalifying for a Home Construction Loan

you think buying or rehabilitating a tract home is hard work, consider having to start from scratch and build from the ground up. But before you mull bathroom tile and exterior trim, a home construction loan is probably on your radar. Unlike regular home loans, these are more ...

How to Use Land Equity as a Down Payment to Build a House

you own land outright or you have a significant amount of equity in land, you can use it just as you would use any other tangible asset to establish a line of credit or take a loan. You can then use that money in whatever way you deem appropriate, including making a down ...

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