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Mortgage Professor about construction estimator: 
Pitfalls in the Financing of Home Construction
  March 22, 1999 " My wife and I are considering having a house built for us and I would like to know the basics of combination construction/permanent mortgages. What do we look out for?" Construction can ... more...

Should the Builder Finance Construction?
  April 19, 1999, Revised October 10, 2002 "We are going to have a house built for us, and are wondering whether or not we should finance the construction or allow the builder to do it? Some builders won't do it but others will if the customer wants it? Is there ... more...

construction estimator related definitions

Construction Loan
Construction Loan A short term interim loan to pay for the construction of buildings or homes. These are usually designed to provide periodic disbursements to the builder as he progresses. ... more...

Interim Financing
Interim Financing A construction loan made during completion of a building or a project. A permanent loan usually replaces this loan after completion. Interim loans are used to bridge the gap between the construction loan and the permanent loan (hence bridge loans) ... more...

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Get instant on-line mortgage rate quote and closing cost estimate. Only put your loan numbers. No contact info required. Compare offers from top mortgage lenders... more...

Log Homes for Beginners - 10 Steps to Success
For those who may be thinking of building a new log home and enjoying the lifestyle that comes with it, there are a number of steps you should take to make the process smoother. 1. Decide on a home style by reading log home magazines and visiting log home shows in your area. Attend log home company ... more...

Log Homes - Top 10 Questions (and Answers)
1. What is the best log home company?There are over 300 companies that offer log home kits and packages. Each is different than the others. Most have been in business for a number of years, offer a good product, have considerable experience, and have satisfied customers. They vary by wood types ... more...

How to Finance and Build Your Dream Home
If you have always dreamed of building and living in the home youve helped design, its time to seriously consider putting your dream into action. In todays mortgage market, a specially designed loan for just such a homeowner, the construction to perm loan, includes the construction loan to ... more...

Construction Loans - Good as an Interim Measure of Financing Construction Activity
Construction of your house is going on at a normal pace when the depleting finances threaten to disrupt the process. The derailment in the construction activity will significantly increase the cost of construction. If arranging finance within such a short notice is turning out to be a difficult ... more...

Pre Construction Investment Real Estate - Pros and Cons
Many people have been asking me Mark, why would I buy a brand new pre construction investment condo when I can buy an older one and fix it up and sell it? This is a good question. Some people do very well buying old fixer uppers and throwing in some new carpet and new paint and making a few bucks ... more...

Construction Loan Basics
It might not be too big of an exaggeration to say that the construction loan is one of the more daunting aspects of building your custom home. Before we started our project, I had nightmares about trying to pay two full mortgages at the same time (our existing mortgage and the construction loan), ... more...

Navigating Commercial Construction Financing
Today, the development and construction of commercial facilities entails a wider range of financial options than anytime in the past quarter century.Thanks in large part to continued low interest rates and significant liquidity in lending institutions, financing of well-considered speculative ... more...

Buying New Construction...How Do I Begin?
The prospect of shopping for a new construction residence can be quite daunting, but the rewards of owning a brand new home out-weight the disadvantages if you know the potential pitfalls. The following are important considerations: Overall Dollar Budget, Location, Cost Per Square Foot, Finishes, ... more...

Under Construction During the Storm A Hurricane Guide for Businesses that are Under Construction
As a business owner, youve likely created a hurricane plan for your business and your family, but did you overlook your construction project? Dont worry, youre not alone. Most people dont even think about preparing their construction site because its not written into their "construction timeline." ... more...

Tips & Advice On Residential Construction Loans
A lot of people dream about building a new home. Everyone wants a home that will work with their lifestyle and reflect their character and be original and attractive to the eye. Getting a construction home loan can be a scary task. Residential construction loans are different from traditional home ... more...

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