Ep 20 How Can I Afford to Have Bob the Builder Come and Build My Next Home for Me

Ever watch an episode of “Bob the Builder” with your kids (or by yourself – don’t worry, we don’t judge here at “The Really REAL Real Estate Podcast”) and think, “how does someone pay for all of this work to be done when it comes to building your own brand new home? Well, today, we welcome back to “The Really REAL Real Estate Podcast,” local lending expert, Jim Martin of Movement Mortgage to discuss the basics of a construction loan and how to begin the application process if you are interested in building your very own home! TALKING POINTS (3-5): • Have Jim introduce himself • What are constructions loans? • What are the five stages of a construction loan? • What if the buyer wants to pay cash for the land? • What happens if the stages are not completed, but all of the disbursements have been made for that stage? • What builder credentials are needed for a construction loan? • What are some of the pitfalls of a construction loan? • How to apply for a construction loan. • Funny story • Final thoughts • Equal housing lender, MLS 145336, licensed in PA, VA, FL and NY LINKS: JIM: https://movement.com/lo/jim-martin/ JASON: https://jasonwilcox.cbintouch.com/ https://www.zillow.com/profile/jasonwilcox1987/ https://www.youtube.com/channel/UCrRksfKiMNteHKYRYrinAug?view_as=subscriber https://www.facebook.com/jason.wilcox.186 https://twitter.com/jason_wilcox1 https://www.instagram.com/jason.wilcox1/ CONTACT INFORMATION: JIM: Equal housing lender MLS #145336 Licensed in PA, VA, FL, and NY Cell Phone: 412-418-1536 Email: [email protected] JASON: Cell Phone: 412-651-4638 Email: [email protected]