All Posts Tagged With: "financing"
Should I Build By Myself Or Use A Builder?
All construction projects are unique so it can’t be said that one approach is always better than the other. For instance, it may seem cheaper to erect a home without a builder, but a builder may have systems, workers and equipment that can produce significant economies. And, it may be argued that if you build [...]
22Aug2008 | Peter G. Miller | 0 comments | Continued
What’s A “Coffee” Mortgage – And Why Do I Want One?
Mortgages generally fall into two camps: Those with fixed rates and those with adjustable rates. Adjustable-rate mortgages (ARMs) typically have an interest rate which is based on two factors. First, there’s a “margin” which does not vary during the term of the loan. Second, there’s an “index” which changes as often as the loan allows, [...]
22Aug2008 | Peter G. Miller | 0 comments | Continued
Are There No Limits To Financial Fiddling?
At the start of every year, and with the regularity of celebrations in Times Square, new conforming loan limits go into effect. Typically such loan limits are announced in November or December, go up each January and in general that’s good for buyers and sellers. This year the conforming loan limit for a single-family home [...]
20Aug2008 | Peter G. Miller | 0 comments | Continued
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