Yes, the builder pays for the portion of the fence on the property line that borders a public area, such as the main road, stormwater pond, or public park. There is no additional cost to the homeowner, as it’s already included in your purchase price.… Read More »Does the Builder Pay for Corner Lot Fence?
I'm a banking and real estate professional with over 20 years of experience in new home construction, banking, back-office processing and mortgage/lending. I now spend my time educating the public in these areas of real estate and banking.
A realtor gets paid a commission on the purchase price of the new construction home and receives their payment at the time of closing. If the closing is delayed, the realtor will need to wait until the closing takes place. If you are a first-time… Read More »How Do Realtors Get Paid for New Construction Homes?
If a check is deposited for the wrong amount, the bank will detect the error and return the cheque as Wrong Amount. If the bank does not catch the error, you should report it as soon as possible. A cheque can be deposited into an… Read More »What to do When Check is Deposited for Wrong Amount?
Home builders offer the best incentives when new build sales start to plateau or drop. When fewer people purchase new construction homes, builders will begin to increase their incentive offerings to promote sales. In recent months, sales of new build homes have started to fall… Read More »When Do Home Builders Offer the Best Incentives?
A bungaloft is a bungalow with a loft located above the garage, with a height of half a story. This additional loft space will have a view overlooking the living room or dining room area. If you prefer the cozy and intimate feeling of a… Read More »What is a Bungaloft and What Does It Look Like?
New build houses are less soundproof than they used to be, because of the cost, materials, windows, and open layout. These factors allow noise to travel freely, making the home less soundproof. In general, older homes built prior to 1980 have been known to be… Read More »Are New Build Houses Soundproof?
There are 21,000 nails used to build a new average-sized home, which consists of 13 different types of construction nails. When building a house, each type of construction nail will serve a specific purpose. For example, nails used by roofing professionals will differ from nails… Read More »How Many Nails Are Used To Build a House?
On average, it takes 9 months to build a new house from start to finish. This length of time excludes the demolition of your previous property. When building a new home, there are many processes and steps involved which require coordination and planning. A new… Read More »How Long Does it Take To Build a House
Truoba offers modern house plans for various lot sizes, with an endless number of customizations. You can choose the number of bedrooms, bathrooms, stories, and garages – as well as make customizations to your house plan. In this Truoba review, we will go through all… Read More »A Complete Truoba House Plans Review
With your bank statement, someone will get access to your full name, address, home branch, account balances, and day-to-day transactions. In the hands of the wrong person, a personal bank statement can reveal a lot about someone’s life. Nowadays, most people are subscribed to paperless… Read More »What Can Someone Do With Your Bank Statement?
Builders buy materials from wholesale distributors, contractor supply companies, lumberyards, and direct manufacturers, where they receive large discounts for bulk orders. Some homebuilders are part of membership-based buyer groups where they get priority access to lumber and other building supplies. A large homebuilder will typically… Read More »Where Do Builders Buy Materials?