Building an Economical Home – Your focus should be how long it takes you to recover the extra cost of upgrading any of the materials or systems in your home. You need to decide if it is better to pay for that now or budget for a new replacement down the road.
This is an FHA loan program that gives you money to spend on renovations after closing. You pay 1/4 to 3/4 points higher on interest, the repairs have to be approved before closing, and the work needs to be done quickly once the home is yours.
Buying a new home is exciting! Not only do you get to pick out what your home will look like (if you purchase it early enough in the construction process), but you also get to pick out all of the finishes. Here are some other things that you may want to consider before signing on the dotted line:
This is a great chance for the public (that’s you) to take a look at new trends in building, get ideas for your own projects, and get to know the different builders around town.
Tobin and Jill Wagstaff are being treated to a new home by Gainesville residents and the producers of the TV show Extreme Makeover Home Edition.