mwilhite - Sunday, December 2, 2018
“Location! Location! Location!” Most professionals in the real estate world will agree that location is the primary consideration when choosing where to buy property, but there is more to selecting your lot than meets the eye. We discussed in a previous blog HOW TO CHOOSE THE RIGHT LOCATION WHEN YOU BUILD ON YOUR LOT some of the first criteria for your search: proximity to work, shopping and good schools. The Tampa Bay area offers the best of all worlds - the freedom…
mwilhite - Thursday, November 29, 2018
According to Realtor.com, one of the leading real estate portals, Orlando City in Florida is the topmost ‘Millennial Magnet’ in the country. Most of the Sunshine State boasts a particular vibrancy that young professionals find irresistible. No wonder homebuyers under the age of 35 are entering the local market in a big way. This group is fussy when it comes to building floor plans and designs. They are partial to some architectural attributes that make their homes simply unique. It…
mwilhite - Friday, November 23, 2018
If you already own a lot on which you want your future home to be built, you can use that parcel of land as mortgage collateral. A mortgage loan is an excellent way to meet the construction costs. However, several factors can keep you from qualifying for a suitable mortgage candidate. Banks are unwilling to lend to the unsafe borrowers and the process of scrutiny continues to get more stringent than ever. That is why you need to take steps…
mwilhite - Friday, November 16, 2018
Every year, Florida experiences its fair share of tropical storms. No wonder, the state tops the US storm codes with a score of 95 out of 100, followed only by Virginia (94), South Carolina (92), and New Jersey (90). If you are on your way to build your dream home in the Sunshine State, first, take steps to ensure that your dwelling is capable of withstanding strong winds and damage. In this sub-tropical region, storm-proofing your home is critical for…
mwilhite - Thursday, November 8, 2018
A home is one of the most significant investments that a person makes in a lifetime. Not everyone can muster up the funds necessary to build a house on an empty lot. However, fund-shortage should not be a reason to deprive yourself of the joy of home ownership; there are various financing options available to people aspiring to build homes on their lots. However, bear in mind that not every type of loan is applicable for on-your-lot construction, and the…
mwilhite - Friday, October 26, 2018
Do a quick Internet search of all the available builders in your vicinity, and you’re sure to come across hundreds, if not thousands of services claiming to be the ‘best’ in the industry. But before you take a call on the right builder, it’s necessary to determine what sort of lot you have. Is it an infill lot or a master-planned community? Or is it a private land? Remember, not every builder has the skill, experience, or permissions required to…
mwilhite - Monday, October 15, 2018
56 percent of US citizens own homes while 25 percent intend to purchase one within 10 years. And it makes sense, considering how owning a house of your own is a key component of the American dream. Contrary to popular belief, however, developing your own home is not the pricey affair many make it out to be. Sure, you might have to pay a bit more towards housing expenses each month – in Florida, for example, homeowners pay 33 percent…
mwilhite - Thursday, October 11, 2018
Building a property is difficult, and making the transition from the old to the new is even more problematic. Even if upsizing isn’t the most obvious outcome always, downsizing ought to be. Even though people know they cannot avoid this shift once in a lifetime, they often do not take any preparations. Finding a new home requires a lot of strategies and planning to capitalize on the entire process. And the most important question to ask is, whether you should…
mwilhite - Friday, October 5, 2018
Owning a home is still essential to the American dream. However, not everybody can fulfill this fantasy. Why? Many of them find financing the building expenses virtually impossible. Loans do help you meet those expenses, but, then, you’ll have to arrange the down payment. A recent study conducted by the famous property listing site, Trulia, revealed that 42 percent of Americans prefer spending their lives as renters and not homeowners because of the unfavorable cash down options. Don’t join the…
mwilhite - Friday, August 31, 2018
Purchase an established property? Or, build a new home from scratch? That’s the perennial dilemma facing buyers. Even though both options have their share of social and financial benefits, the ‘better’ method ultimately depends on the buyer’s priorities. However, in most cases, purchasing an empty lot and constructing a new building from scratch offers unique benefits not found in a pre-built house. Take a look below: 1. Freedom of Design When you move into a new house, you have certain expectations about…
