It would be an understatement to say that the housing market is booming in 2021. This was already true prior to COVID, but the brief economic downturn in 2020 did not, as some people expected, lead to a slowdown in real estate.
In reality, the opposite situation has emerged: people are more eager than ever to invest in their dream homes. While average time to a sale varies based on location, sellers in many regions are now able to complete the process in just a few months or even a matter of weeks. Clearly, buyers aren’t willing to wait.
Before you start shopping for plots of land and going through designs, there’s one thing you should understand: construction loans. We’ll provide you with what you need to know about construction loans and how they work so that you can build the house you’ve always wanted.
Many home builders would offer a general, non-specific pricing structure to their potential customers. Reinbrecht avoids the “guessing” game and delivers you a straight cost offer, removing the headaches and extra time you would spend on researching pricing structures.
When building a custom home, it’s important to factor in the typical out-of-pocket costs you’ll be paying while your home is being built, as these expenses can add up, and are often times surprising or unexpected for many people.
Buildertrend gives you access to your homebuilding or remodeling project in real-time, with the ability to share selections, sign change orders electronically, and monitor progress with photos and a shared calendar.