atlanta construction staffing - 770-849-9607 » Build House

What is the process to buying a home in a new construction community?

Tue, 25 May 2010 05:28:24 +0000

Becky asked:

I want to build a new construction home. The loans I have researched want interest-only payments until the house is complete. That is impossible considering that would be as much as a house payment and I already have a hefty one of those! I will make a nice profit off my house once it's sold but I can't do that until my new home is built. And I can't build my new house until…….you see my problem?! They also require $5K down. Can that be included in the one loan I get so I don't have to take out two loans? I have to be overlooking something. I can't imagine it's this difficult for everyone who already owns a home and wants to build. Any tips or knowledge would be greatly appreciated!!

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How to build a house very economical way and cost saving of the construction cost?

Mon, 26 Apr 2010 17:08:58 +0000

helpbrains asked:

I have plot in Vellachery, in Chennai to reduce the constuction cost, what are ways of cost saving in the construction line.I am not civil engineer.If on sq.feet rate, what is the rate going in Vellachery area.
If any anybody give me good suggestion on this recession period.

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How can we find out how much we can borrow for a construction loan?

Fri, 16 Apr 2010 23:02:56 +0000

punk3rdclass asked:

My husband I bought some land now want to build a house on it. How can we find out how much we can get for a construction loan? The land is worth 19,000 can that go towards the cost like a down payment? Any information on this kind of thing would be helpful.

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Can I get out of a building construction contract and an agreement to purchase vacant land?

Wed, 02 Dec 2009 01:26:52 +0000

Liss 68 asked:

My husband and I recently signed a new construction contract along with another contract to purchase vacant land in a housing development that the house is to be built on. We are in the process of applying for the new construction mortgage and we have not yet been approved. Since signing the contracts, we recently saw the first completed home in the development. We are not happy with the quality of the work by our builder and we don't want to proceed with him. We would like to build the house with another builder in another development. The land is still vacant and construction of the house is to begin after we obtain our mortgage. In the contract for purchasing the vacant land, it's stated that the sale is contingent upon the buyer obtaining financing. As I stated above, we have only applied for the mortagage and have not closed on it. I'd appreciate any input on this matter.

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