Remove Construction Remove Development Remove Finance Remove Property Taxes
article thumbnail

Opinion: More financing options for ADUs are needed

Housing Wire

In the ongoing struggle for attainable housing, one positive development has been the increased availability of funding options for homeowners seeking to incorporate Accessory Dwelling Units (ADUs) into their properties. Draw structures for loans supporting new construction of ADUs, especially for prefab, are still “clunky.”

Finance 477
article thumbnail

How to Best Search for Land to Buy in Ohio [2022]

The Robert Weiler Company

Schedule a walk-through of the property with the owner or land broker. Research Land Buying Financing Options. If you need to finance your land purchase with a loan, have a financing plan ready, before submitting an offer. Property Lines. Floor Space Index or FSI (Amount of Construction Allowed on the Land).

Insiders

Sign Up for our Newsletter

This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.

article thumbnail

Home Appraisals – What Do They Look For?

D Fritz Appraisals

Home appraisals are not just for when someone is buying or selling a home for themselves however, they are also important for: New construction loans. Mortgage financing and refinancing. Reviewing / appealing property tax assessment. Property division in separation / divorce. Renovation loan assessments.

Appraisal 105
article thumbnail

Foreclosures are rising, but it’s not yet alarming

Housing Wire

The impact of tax and insurance liabilities There are some growing concerns stemming from inflation and the rising costs of property taxes and insurance premiums, which may be problematic for some households, particularly older Americans with fixed incomes. With home values across the U.S. With home values across the U.S.

article thumbnail

New Homes vs. Old Homes: Which Is Right For You?

PennyMac

Is it a classic Victorian set far back from the road with stately elm trees shading the formal garden, or a brand-new split level in an up-and-coming housing development with a communal pool, tennis courts, and a playground for the kids? The Pros of Buying a Newly Constructed Home. The Cons of Newly Constructed Homes.

article thumbnail

Can You Get a Mortgage for a Tiny Home?

Assurance Financial

However, tiny houses can come with big challenges for financing since their small size makes them ineligible for many mortgage and insurance plans. Get ahead of the game and learn how to finance your tiny home with Assurance Financial. How to Finance a Tiny Home Build. The options for tiny house usage are endless.

article thumbnail

The Complete Guide to Buying a Home As a Government Employee

Raleigh Realty

Your gross income is the income before taxes. Consider Property Taxes When you pay for your home, you'll need to pay other fees like property taxes and insurance. Check Out Programs from the Department of Housing and Urban Development When you're a government employee, where should you look for financial help?