Tag Archives : contractor

Construction Permanent Loans: A Blessing for Builders

Construction Permanent Loans: A Blessing for Builders

Now days it is not a difficult task to construct a residential or commercial building because there are a large number of banks and other financial institutions who are offering construction permanent loan. This loan has two phases. In first phase a consumer pays interest to bank till completion of construction and in the second phase when building is completed it mortgage is applied to the structure.

Foreclosed Homes: A Good Investement Option

Foreclosed Homes: A Good Investement Option

A great opportunity for prospective home buyers and property investors has come with mortgage crisis and recession, which has left in its wake an avalanche of foreclosed properties. This window of opportunity though is rife with perils, especially if approached via the public auction. Banks offer better passage, however, at cost.

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