Moving into a new home is one of the most exciting (and possibly stressful) times of your life. After all of the paperwork is signed, keys are in hand, and belongings are packed and moved, it may take a little while for you and your family to adjust to the new space.
There are few things as satisfying as moving into a brand new home. The house is a blank slate upon which you can create your ideal environment for the way you and your family live and the things that are important to you.
If moving into a newly constructed home is something you dream of doing in the future, you have a few options to consider that will affect how personalized your space will be. Namely, you must decide between buying a custom home or a spec home.
While almost all home builders require a down payment to get started, Madison Homebuilders does not, with few exceptions. Madison Homebuilders builds your home on the strength of our company—so under average circumstances there is no need to even apply for a construction loan, saving thousands in construction loan interest. This post is a guide for those who are working with a home builder that requires a construction loan as part of their process and are thinking about using existing land equity to get a loan or line of credit to use as their down payment.
When you moved into your current home, you may have made the decision based on the good location, the condition of the home, or a price that fit your budget. These three things sound like they have a good chance of ensuring the happiness and safety of you and your family, but one factor that may be hard to determine before moving in is: will you have problem neighbors? Even if you did make an effort to meet the neighbors before you moved in, neighborhoods change all the time and there is no way to ensure you won’t wind up living next to a problematic tenant or homeowner down the road.