Saturday, February 9, 2008

Mortgage cycling – build your dream house without changing your mortgage

No matter which house you'll build – storybook house, English cottage home, log cabin home or a Bungalow house – they all have something in common: they'll all require substantial funding, or in other words – mortgage. Now imagine having an extra $40,000 to put down on your dream house or an investment property. Imagine you could build your new dream house in a few years without changing your current mortgage.

Well, you don't have to imagine – the way for realizing your real estate dreams resided in mortgage cycling. I was quite skeptic when I first heard that concept and its allegedly benefits. But believe me, all my hesitations started disappearing once I read

Mortgage Cycling Revealed by the senior mortgage analyst Craig Romero. Romero, a famous author of loans related books, helped thousands of families pay off their mortgage debt early., introduces in his book A New Mortgage
Loophole That Will Quickly Build Your Home Equity and
Effectively Reduce Your Mortgage. I used the method of mortgage cycling when paying off the mortgage I took for my cottage house, and it worked just the way it's described in the book, and in less than 10 years, the mortgage was nothing more than history. If you want to
Discover The New Mortgage Super Loophole That Blows Bi-weekly Plans Out Of The Water. Click Here

Tuesday, February 5, 2008

Some more advantages of stock house desgins

In my previous post, we talked about stock plans. Here are some more information explaining how they make it easier for you build your dream house -

  • Besides the huge financial saving, let’s not forget that time you save by purchasing small home plans – rather then hire a designer and wait for months until your plans are ready, you can instantly download them from the website.

  • There are so many designers and so many small home plans in the websites that offering them that you can be sure you’ll find home plan that suits your needs and demands on the one hand, and unique on the other hand.

  • You don’t have to spend time meeting witch designers. You do it in your free time, specify your requirements. Then you’re presented with several home plans, and you have all the time to think and ask your friends and family which plan is the best for you.

If you want to know about how you can get a true estimation of your house or the house you're interested in. read my post on the electronic appraiser.

Monday, February 4, 2008

Stock small home plans save you money and time

Probably you will build only one house in your life. I’m sure you’ll put most of your time, money and knowledge into it. Naturally, if you can reduce your costs you’ll be more than happy, and if you can do it without compromising your requirements and needs – you can really be satisfied. Buying stock home plans is a good example of it, and you’ll be quite surprise how popular it is. Many of the houses you enjoy looking at (and sometimes even jealous of their owners…) were designed using stock house plans. And you’re not the first one to wonder about that and to ask yourself why you should purchase them - That is exactly what I did a few years ago when one of my best friends suggested me buying house design. Each time I visited him (not quite often, I must say. 150 miles are separating us), I used to be amazed of his home. It looked so beautiful outside and so efficient in its space usage, I was sure he paid architect to design it (and he can sure afford it, trust me). One day, as I told him I wish I could build home like his own, he instantly replied “So go and choose one plan. There are thousands of them. Who do you think designed this house?” At first I couldn’t believe, but when he showed me the blueprints and a website with so many small house designs, I understood that you can use stock home plan to build your dream house, and it’s not just a phrase.The main advantage of getting stock home plans is that they are significantly less expensive than custom home plans. And when I say less expensive, I’m talking about thousands of dollars. Try and look for custom home plan – no architect will charge you less than 5 to 7 thousand dollars, whereas stock home plans would usually cost you no more than $700, and as I always say - small home plan means affordable home plan.Usually you’ll build one house in your life. You want to put all your knowledge, experience and much of your fortune into it. So why don’t you use the experience and knowledge of a professional home designers and architects, that have designed hundreds and thousands of houses, all in a very affordable cost? On my next post, I’ll show more advantages stock home plans have.

If you want to know how you can get a true estimation of your house or the house you're interested in, read my post about the Electronic Appraiser.

Small home plans

Before we start talking about designs, floor plans and bedrooms and other small home plans related terms that will be discussed in my blog, let’s make sure we all refer the same thing. As you all surely know, small house plans (or small home designs – it’s the same) are blueprint designs of small houses. Well, it’s quite obvious and no one can argue that.  Less clear are the following common questions:

  •  How much is small?

There are several definitions to small. But most people in the construction industry would say that a house under 1600 square feet is considered small. And after looking into hundreds of plans, I can tell you that many of the small houses are even below 1000 square feet, and there even tiny house plans with square footage of less than 800.

  • What kinds of small homes are there?

Today, due to their popularity, when one says small home, you’re no longer can be sure what kind of a house he means – cottage house or a log cabin? He’s into European style or maybe he prefers the traditional one? A bungalow with one story or perhaps townhouse with 2 or 3 stories? There are plenty of small houses that fall into these categories, and it’s important you’ll be familiar with them before examining small house plans and choosing one.

Can I find my dream house as one of the stock home plans?

Well, you’ll be surprised. Stock home plans were designed by gathering all the features requested by home builders and owners throughout many years. No matter how many bedrooms you like your home to have, how big your living room you want, and how many bath rooms you wish – there is a home plan that fits your needs. How can I be so sure? Well, first of all, because I looked into hundreds of them over the years, and believe me – there are much more I haven’t look. The companies selling them designed so many of them, so they could answer any potential customer. As I said earlier, they have years of experience of what people are looking for in small home plans. All you have to do is tell them all the relevant details and they’ll come up with several home plans for you to choose. And even if you’ll decide that some modification should be made to the home plan you’ve purchased, you can ask for it, and still it would cost you much less than hiring a designer and the result would be pretty much the same.