Clippings by larzebub

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Attic Insulation?

posted by: texasjerry on 03.19.2008 at 04:39 pm in Building a Home Forum

Hi,

We're finishing a 3,300 sq. ft. house and need to insulate the attic. We plan on living in the house for only 5 years and want to spend less than $3,000 in insulating cost. What type/amount of insulation do you recommend?

Thanks,
T.J.

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clipped on: 03.22.2008 at 04:16 pm    last updated on: 03.22.2008 at 04:16 pm

Ebay and Kitchen hardware

posted by: nowwhat_2007 on 11.27.2007 at 02:37 pm in Kitchens Forum

Have been looking at hardware (hinges, pulls and knobs) on Ebay. Since I can't actually see them and feel them I'm afraid I will end up with something light weight and poor quality. I don't know anything about hardware brands or even what kind of questions to ask the seller. Anyone have any information to pass along to help me know what I'm getting? I'm not needing anything in the high end market, just something good. Thanks

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clipped on: 01.13.2008 at 04:32 am    last updated on: 01.13.2008 at 04:32 am

Construction Loans for Owner Builders

posted by: Angela12345 on 11.21.2005 at 06:32 pm in Building a Home Forum

Hi Everyone !!! Have you missed me ? (Don't answer unless the answer is "yes"!) No, I didn't elope with Mickey (or Minnie for that matter) or get dizzy and fall off the teacups resulting in amnesia. I have just been soooo incredibly busy lately. I have really missed visiting you guys here and have sent tons of people this way, though. So glad to see a lot of the people I recognize are still here !!!

So, to get on with the topic ... I have been working as a loan officer in the mortgage industry for the last 16 months. One thing that I would like to be able to offer to more of my customers that are going the owner-builder route is more options for their construction loan lender. I only personally know of 2 lenders that will lend to owner-builders. Of those of you who owner-built, who did you use for your construction loan ? (Don't answer if you went with a GC, 'cause there are TONS of banks that will do construction lending with a GC).

I have been searching the internet, and this is what I have copied and pasted ...
Bismark Mortgage has some interesting programs. They come highly recommended by brokers and are very flexible with owner builders. Accepts scores as low as 540. Site Supervisor or Contractor is not required.

Fireball Financial - Midlothian, Texas 76065 972-723-9554

Mid America Mortgage - 107 North Cedar Ridge st 100, Duncanville,Texas 75116 972-780-5587 or 877-310-8444

IndyMac does 95% for owner builder (100% if you use buildmax or a construction supervisor).

Mid Country Bank does up to 100% on land and construction. They lend for ICF, SIPS, Modular and Green Homes. Very open to new building technology. I have been told that they can work with scores as low as 580, if the DTI isn't too high. Site Supervisor or Contractor is not required.

M & T Mortgage offers loans for land and construction with as little as 5% down. If you own the land, that goes towards your down payment.

United Midwest Bank offers construction loans with 5% down. If the land is owned (or has equity), that is used towards the downpayment. A 661 middle score is needed for this loan. Site Supervisor or Contractor is not required. They will ask you to fill out a form indicating you are knowledgeable about the construction process.
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This list is a start. Who else can you recommend ? National lenders or local lenders are fine. As long as they will lend to Owner-Builders. Thanks !

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clipped on: 04.02.2007 at 09:09 am    last updated on: 04.02.2007 at 09:09 am

pre-finished hardwood or not?

posted by: lemonpeels on 11.20.2006 at 05:39 am in Building a Home Forum

What is everyone's opinion on hardwood flooring, are you going with finished or unfinished. I have spoken to a few experts (salesman/installers/builders) and have gotten very different opinions. I have been told the prefinished, have superior finish and coating, what do you guys know, or what have you gone with? Thanks

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clipped on: 03.26.2007 at 03:50 am    last updated on: 03.26.2007 at 03:50 am