EP 51: Part 2 What Are The Requirements For a Construction Loan
Release Date: 09/30/2021
The Real Property Show
Today we review 5 custom home projects and go over the actual project prices and what you can expect to spend if you are wanting to build a custom home. The numbers are specific to the San Diego County market.
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Update on the current home construction loan and 30-year fixed-rate mortgage interest rates. Also price reductions on land and larger homes in the Middleton, Idaho area.
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What is the fastest way to figure out the build costs for a custom home? Learn how we break the home into 3 different parts in order to get accurate rough estimates before you start the design and plans for your home.
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Learn how to understand homeowners insurance policy limits and how you can make sure you have enough coverage with the quickly rising construction costs in today's market.
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It is critical to have the title company plot all the easements on a parcel map for you during the due diligence period. If you are buying or selling your home or land you will want to do this. In this episode, we share how we were able to discover an easement and get it vacated for a buyer we are working with.
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Learn how builders and remodeling contractors charge for their projects and how you can ask the right questions so you can hire a good contractor.
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In this episode, you will learn how to prepare a cost breakdown for a construction loan if you are building a custom home.
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If you are getting ready to sell your home or do a home remodel you need to know what type of projects will bring you the best ROI. Today we talk about exactly that and show you a really good resource to get average costs for remodeling projects no matter if you are in Middleton, Idaho, Boise Idaho, San Diego, CA or anywhere else in the country.
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Today we talk about the 3 most important factors that affect the price per square foot when you are building a custom home.
The Real Property Show
Do you want to know how much your land is worth? Learn more on how to evaluate the value of land as well as the formula to use.
info_outlineClick play to learn more about construction lender packages when building a custom home. This is the second part of the requirements to get a construction loan.
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