Building a Home - EP222 - Homeownership
Update: 2023-05-11
Description
In this episode we discuss that when buying new construction there are a few different methods. Buying land, buying a tear down, or buying into a developers neighborhood are the most common. Buying land or buying a tear down is usually your most flexible option when it comes to building designs. Buying into a developers neighborhood usually means there will be limiting covenants in effect. When buying land to build a home it is important to understand your funding options. Cash or construction loans are two of the most common ways to fund the project.
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