Buying a “fixer-upper” home has been trending for a few years, as witnessed by the popularity of home renovation TV shows. Taking a neglected house from a state of disrepair and modernizing and customizing it into a creation worthy of any home design showcase is highly satisfying. Marc Coons, the...
Year: 2022
‘Understanding construction loans,’ a summary from Marc Coons, Paso Robles mortgage consultant
A home construction loan provides funds for building or renovating a home. They work by first submitting the construction plans, costs and projected timelines for certain stages of the project. When approved, the project starts and funds are issued in stages that are agreed upon when the loan is finalized....
Assistance for first-time home buyers from the Paso Robles home loan professional
“I’ll never be able to buy a home in California,” is a common statement for many first-time home buyers. Two of the most common concerns stated are the rising cost of housing and worries about being able to save the down payment. Housing prices are indeed quite high in California,...