How a Home Builders Loan Differs From a Regular Mortgage

When you decide to work with home builders on building a new house, you’ll probably start to look for ways to finance the project. Loans for newly built houses are slightly different from regular mortgages, so you should make sure that you’re aware of how the new construction loan process works.

Step 1: Create Your Plan

Before you talk to a mortgage broker, you should develop a vision for your new house. Decide on its size, scale, and location. Also, consider factors that might make the project more complex. For example, if you decide that you want solar panels or geothermal energy, then your project may require special sources of financing before it the home builders can get underway.

Step 2: Research Your Lending Options

Although new construction has increased significantly as available house inventory has sold down, many lenders got away from new construction during the economic recession. Some of these lenders left their clients without financing in the middle of the building project. Do some research to make sure that your lender has a good reputation.

In addition to ensuring that your lender is in good financial shape, you’ll also want to look for the best available interest rates when you’re shopping for a loan. To save time, a mortgage broker can research multiple lenders for you to find the best option.

Step 3: Conduct a Builder Review

Once you’ve selected an appropriate lender, your lender usually starts researching your chosen construction company by performing a credit check. … Read More

Contractor Marketing for Bathroom Remodeling Services – 3 "Must Know" Tips!

To survive the war (for lack of a better term) in the bathroom remodeling Industry, one must advertise his/her bathroom remodeling business in the most effective manner. One also has to understand the various methods that he/she could use to develop the business into a trusted provider of remodeling services in local communities.

With modern technologies, there are dozens of different methods for advertising bathroom remodeling services. Television, radio, Facebook, Google, niche publications, newspaper, and the list goes on. However, one must not use all of these methods at once, or even try to comprehend them all. Doing so would be completely overwhelming and “water down” the effectiveness of your overall marketing strategy.

Instead, focus on the most effective marketing strategy that guarantees your offers will be handled and reviewed by homeowners. In the bathroom remodeling industry, this format is direct mail.

By distributing huge full-color flyers to every home in your target areas, you will generate an immediate response and virtually guarantee that your business and offers will be seen by prospective new customers. By mailing with direct mail (also known as solo mail), you can deliver your ads into the mailbox without being “stuck” in a huge coupon envelope with dozens of competitors.

3 Tips for Creating and Direct Mailing a Successful Bathroom Remodeling Flyer:

1. You must consider the design, depending on what message you want to communicate to prospects. Which photos will you use? Are you going to show before and after pictures? … Read More

Home Improvement and Remodeling Online Line

When it comes to adding value to your home there is no better way to tackle your home improvement and remodeling projects except by way of the internet. You can find so many incredible ideas by spending a few hours online. You could perhaps save as much as a week if you were running all around town.

Let’s take a closer look at some easy ways to find fanatic ideas with home improvement and remodeling projects that will add value and comfort to your home.

Visit Your Street Of Dreams

The internet is like a virtual street of dreams! You can gain many wonderful ideas by visiting a street of dreams in your area, but if you don’t have the luxury of visiting one nearby then the internet is the next best thing to being there. You will find many beautiful homes that will expose you to new and fascinating home improvement and remodeling ideas for adding a great touch to your home.

You can search for many key words in a search engine like Google or Yahoo, and others to reveal a wonderful selection of homes. You can then do virtual tours – this is where you are allowed to view the homes through your computer. The technology is fantastic for this type of thing.

Real estate companies are starting to tap into this technology as well. Many major companies will list their homes online that they have for sale and allow you to browse them online at no … Read More