3 Reasons why 2007 is the best time to build your Dream Home

1. The cost to build a home has decreased and will continue to gradually decrease over the next few months. CONSTRUCTION LABOR IS LESS EXPENSIVE AND THE BIDS OF LOCAL SUB CONTRACTORS HAVE ALREADY GONE DOWN. With less work, the subs need to get jobs to stay busy which means you are going to get more competitive bids to compare. Basic economics of supply and demand are also in your favor when it comes to materials. With less BIG developments going on, the supply of materials is coming back in check and prices have pulled back significantly. LUMBER COSTS HAVE COME DOWN 30% FROM A YEAR AGO!! 2. Lenders are giving better incentives and NEED your business, if you will be financing your home construction NOW is the best time to take action and have no payments due out of pocket during the entire course of construction (up to 18 months!). IF YOU ALREADY OWN THE LAND AND SECURED IT AT A TIME WHEN THE MARKET WAS FLAT OR RISING, YOU HAVE EQUITY AND THIS WILL MAKE GETTING FINANCING THAT MUCH QUICKER. 3. The cities and counties are not as swamped with plans and applications, so you can get permits quicker (in most areas) than in previous years. Don’t worry though, we can help you no matter where you are in the process, We have helped many people and know what works and what doesn’t. Plus 1- You have come across this site and found one of the top home construction loan originators in the country. Home Construction Lending group is known by his past clients as the authority in Southern California when it comes to home construction financing.

Written By: Tory Chapman ||
Created: Apr 30, 2007 || Updated: Apr 30, 2007
.

Quick Contact

*Name:

*Email:

*Question or Comment: