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Understanding Construction Loans

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Understanding Construction Loans

What Is A Construction Loan And How Does It Work? A construction loan is pretty self-explanatory. As the name implies, it is a loan that is taken for the purpose of building a home. These loans are most often obtained from banks and other financial institutions. There are relatively few of us that can actually…

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Hideaway Farms Off to a Successful Start in 2013

There’s a lot to love at Hideaway Farms. Designed and built by locally owned and operated Southdown Homes, buyers can customize any home they choose. Rolling hills and bordering trees provide a scenic backdrop. The community has walking trails and a children’s play area. Located only minutes from Route 202 and the Pennsylvania Turnpike with…

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The Waiting is Over…

It’s time to make a move to your new home. According to Tim Ellis of Redfinblog.com, waiting for your property value to increase before selling is a mistake. There’s a high probablity that the price of the home you’re purchasing will increase faster than the price of the home your selling. Add current low interest rates…

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In a Rent vs. Buy Contest, Homeownership Wins

In an analysis of whether renting or buying a home costs less, Chief Economist, Jed Kolko, finds that it’s 44% cheaper to own than to rent. In an article on Trulia Trends, Kolko outlines his methodology and results that may surprise you. Buying is currently cheaper than renting in all 100 of the larger metropolitan…