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Mortgage Professor about building: | |||||||||||||||||||||||
Manufactured Housing: A Messy Picture
May 19, 2003, Revised February 14, 2005 What Is a Manufactured House? A manufactured home is built entirely in a factory, transported to a site, and installed there. It is distinguished from "modular", "panelized", and "pre-cut" homes, ... more... Do I Really Need All These Title Policies? June 21, 2004 "My husband and I bought a piece of property in November 2001 and had to have title insurance. We began building in December, 2003 and we had to purchase a new policy in connection with our construction loan. Now, we are near completion and getting ready to ... more... |
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building related definitions |
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Interim Financing
Interim Financing A construction loan made during completion of a building or a project. A permanent loan usually replaces this loan after completion. Interim loans are used to bridge the gap between the construction loan and the permanent loan (hence bridge loans) ... more... Depreciation Depreciation Decline in the value of a house due to wear and tear, obsolescence, adverse changes in the neighborhood, or any other reason. Depreciation is treated as an expense and is a line item on an income statement. Depreciation can only be applied to the building and not ... more... |
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More about building Hurricanes Katrina and Rita Will Mean Increased Costs of Building in the Future, but not Immediately Build Your Own Dream House! How to Finance and Build Your Dream Home Tips on Apartment Building and Multi Family Property Loans Accessibility Requirements for Fair Housing Log Homes - Top 10 Questions (and Answers) Getting Raw Land, Not a Raw Deal! Choosing the Right House Plan Choosing a Mortgage Lender Wealth Building An Advantage of Home Ownership
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