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Homebuyer Tips

How to Build a New House With A Standard Mortgage

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Most people fall victim to the belief that you can't build a house without the ability to obtain a construction loan, or without having deep pockets. However, there is a way! When you stumble across a builder who "finances" their own builds, this makes it all possible! This means that you can actually build a brand new home when you are using traditional financing such as USDA, FHA, VA, or Conventional loans...

 

Construction Loans vs. Mortgage Loans - What's the Difference?

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When it comes to building a house, most people assume that you need to have deep pockets to obtain a construction loan. They're not wrong to assume that, as most builders do require cash installments, or a form of construction financing from a lender. Construction loans are available to anyone who meets the qualifying eligibility requirements.

So what is a construction loan, and how are they different from typical mortgage loans?...

 

7 Real Estate Terms For Buyers & Sellers

7 Real Estate Terms For Buyers & Sellers

 

As REALTORS®, we are often asked: What is a short sale? Should I buy a foreclosure? What is the MLS and why do I need to use it? So we put together a quick article to help you better understand some of these commonly-used real estate terms!

Check out this article for a quick definition and a few pros and cons...

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