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Mortgage Professor about Home Building: 
Manufactured Housing: A Messy Picture
May 19, 2003, Revised February 14, 2005 What Is a Manufactured House? A manufactured home is built entirely in a factory, transported to a site, and installed there. It is distinguished from "modular", "panelized", and "pre-cut" homes, ... more...

Is Unused Home Equity a "Missed Fortune"?
18 July 2005 "I don?t understand why a Wharton professor would not recognize that unused home equity is a missed opportunity? Isn?t home equity safer in a conservative side fund than buried in the house earning a 0 percent return?" The New and Old Wisdoms of ... more...

Home Building related definitions

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...

Bridge Loan
Bridge Loan A bridge loan is a short-term loan, usually a second mortgage, run for 6 month but may be taken taken out for a period of 2 weeks to 3 years. The borrower's current home (which is usually "for sale") is ... more...

More about Home Building

Get Free Home Building Quotes and Estimates

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...

Building Your Own Home
Most people think building their own home involves vast knowledge of all aspects of the home building process. The impression of most people is they dont really know enough to build their own home. Lets face it, most of us know a little about the process. Some of us may know a lot about one aspect ... more...

Building Your Dream Home - Part 1
For most of my adult life I had thought about someday building my Dream Home. Several years ago I finally got the chance. I had purchased a lake front lot with a small cottage on it. My initial intention was to use the property as is, and someday raze the old cottage and build a new home in its ... more...

Your Building Your Dream Home, But Where Do You Start?
You have finally found the perfect lot, in the neighborhood of your choice, and at a price you can afford. Now you have to decide what type of house you want built. In fact you may even know the house you want, be it a big rambling farmhouse, with a wrap-a-round porch reminiscent of your ... more...

Build Your Own Dream House!
So you're thinking about building your own house, are you? Well, you've come to the right place! It's a lot of fun (hard work and eventually fun!) to build your own home and it will save you thousands of dollars(we saved over a Hundred Grand by doing it ourselves - that's pretty significant cash!). ... 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...

Deck Building Ledger - The Secrets to Successful Deck Construction
The Deck Building Ledger holds all the secrets to successful deck construction because it is the essential piece of wood that connects your deck to your home and from which all other measurements are taken.Choose the piece of lumber for your ledger carefully, hold it up and look down the side ... 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...

Wealth Building An Advantage of Home Ownership
As you grow older, the issue of wealth building comes front and center. Wealth building simply refers to increasing the net value of your total assets. Wealth building over time is one of the advantages of home ownership.Building EquityOwning a home can help you build wealth in two ways. First, you ... more...

Building Wealth When Refinancing Your Home Loan
Many a homeowner has seriously contemplated getting a cash-out refinance loan with the hopes of landing a lower rate, saving up to $300 smacks a month and getting some cash in hand to spend as ones pleases. Who wouldn't want to lower their current home mortgage rate, save on monthly interest rate ... more...

Top Ten Tips when Buying Real Estate!
In today's financial climate, real estate continues to be a strong investment in many areas. Educated buyers will always make the most out of the real estate market. These top ten tips to buying real estate will help you enter into your next real estate transaction with confidence.TIP #1: Hire ... more...

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