Building a Home - EP222 - Homeownership

<p>In this episode we discuss that when buying new construction there are a few different methods. Buying land, buying a tear down, or buying into a developers neighborhood are the most common. Buying land or buying a tear down is usually your most flexible option when it comes to building designs. Buying into a developers neighborhood usually means there will be limiting covenants in effect. When buying land to build a home it is important to understand your funding options. Cash or construction loans are two of the most common ways to fund the project.</p>