Things to Consider When Choosing a Location for Your New Home

Choosing a location for the construction of your new home is a very important step. Your decision to build your home on a specific location will affect your future home life, the kind of changes you can make to your home someday, and its future resale value should you want to sell it. Here are [...]

Calculating Land Equity

If you are considering a construction loan and have purchased your land already, you may benefit from the equity accumulated over time. Most lenders will use the sales price if the transaction took place in two years or less to calculate equity. If the lender uses the purchase price your equity is calculated only by [...]