The idea of building your new dream home can be both very appealing and very exciting. If you are deciding to build you new dream home,Guest Posting there are a lot of things you need to consider prior to commencing your building project, for example, you may have to decide:
>> Do you want to demolish the existing home you live in and re-build a new home?
>> Do you want to purchase vacant land and construct a new residential dwelling on the purchased land?
>> Do you have ready cash available to cover the construction costs?
>> Do you have to get a Construction Loan (also known as a Building Loan or Construction Mortgage) to fund your building project?
>> If you are a first home buyer, you will have to find out about the Government’s First Home Owner Grant Scheme
Once you have decided on the above-mentioned factors, you will have to start your work on construction home loan or real estate finance which is secured by a mortgage on the property being financed.
Lenders/credit providers have different construction time frames and drawdown s