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How Government Regulation Affects the Price of a New Home |
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Below is a summary of the recent study (July 2011) conducted by NAHB economist, Dr. Paul Emrath, which confirms the assertion that, on average, regulation accounts for 25% of the final cost of a single family home.
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Financing Your Home Remodeling Project |
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One of the most important considerations for your home remodeling project is financing. After all, the project will go nowhere if you can't pay for it. Fortunately, there are several options that can provide the dollars you need. Four of the most common are a home improvement loan, a home equity line of credit, a home equity loan (second mortgage), and a cash-out refinancing of your current mortgage.
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Why Use a Member of the MCHBA? |
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Many times it is tempting simply to go with the lowest bidder. However, when your purchase involves the quality of life you will live, or the largest investment you will ever make, the low bid may be a big mistake—the kind of mistake you will have many years to live to regret.
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What You Need to Know Before Selecting Your Builder |
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Don't be afraid -- ask! You're making one of the most important decisions of your life and you deserve answers to your questions.
These are the basic questions you should ask regardless of the size, type of project, style or price of home you are considering -- whether you plan to remodel, build an addition, build custom home or buy a completed new home. Obviously, many more questions will come to mind that relate to the specific home you desire; just don't allow the excitement of discussing your new home to overshadow the importance of getting straightforward answers to these basic questions. Do your homework before having work done on your home.
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