Today’s interest rates have many wondering, “What can I actually afford to pay for my new home?” The good news is, if you could qualify for a home loan before the interest rates increased, then you can probably still qualify today. However, you just may ...
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Building technology is changing, but it is only changing incrementally. In the U.S., builders have used what is called light-frame construction as the primary method of building homes since the 1730s. Light-frame construction is a method of construction using many small and closely spaced members ...
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Many homebuyers don’t even ask how their home will be built. Or, when they discuss it with a builder, they hear things like, “I have to,” or, “That’s the way we build; there isn’t a choice.” But that’s simply not true. It’s a victim mentality ...
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What Is Misdirection in Magic? Misdirection—or direction, as some magicians prefer to call it—is the subtle, deceptive art of directing an audience’s attention towards one thing (a magical effect) so it does not notice another (the method or mechanics of a trick). It can refer ...
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In November of 2012, mortgage rates dropped to a record low of 3.35%. Before that time, mortgage rates had NEVER been lower. For some perspective, the monthly payment for a $100,000 loan at the historical peak rate of 18.45% in 1981 was $1,544, compared to ...
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HEADER PICTURE: The Hockey Stick Principles, Flatiron Books Residential construction in the U.S. has changed. While getting skilled and trained labor in many industries is hard, getting it in the construction industry has gotten more difficult than ever with no end in sight. Material prices ...
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Prices, timeframes, and material selections, etc. So many things are clouding the crystal ball of today’s home buyer. What do you do? Do you wait and watch home prices go up along with today’s record-low interest rates? What if they never come back down? Do ...
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If you will have a mortgage on a home that you are about to build, or if you need a construction loan, the bank will require you to have an appraisal done. The lender wants to make sure that the value of the home equals ...
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Today, many are discovering the process of offsite modular construction. While they study and research it, they haven’t made the leap to it… yet. It’s hard for many homebuyers and homebuilders to believe that a different way is a better way. They are still stuck ...
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Existing home inventories are at an all-time low. There are very few good houses on the market for sale. If a good home finds its way to the market, then there is a bidding war for it driving the price upward for the eventual winner. ...
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