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RE: Interest reserve or monthly payments during construction?
The projected draw schedule should also show how the reserve reacts if the construction loan interest rate changes. - Is the reserve calculated once using a fixed assumed rate, or is it recalculated as the lender’s vari...
RE: Estimating building expenses: what tools or sites do you trust?
I get what you mean about dashboards - sometimes they’re more sizzle than steak. Here’s how I keep my own estimates grounded: - RSMeans is solid for a quick gut check, but I’ve noticed it can lag behind local pricing, e...
RE: What happens if your house isn’t finished when it’s time to switch loans?
Title: What Happens If Your House Isn’t Finished When It’s Time To Switch Loans? - Lenders can be surprisingly rigid about “completion,” even for tiny things like cabinet hardware or a missing towel bar. It’s not just y...
RE: What if your city paid you to use less water?
- Totally get what you mean about those all-rock yards - they just don’t feel inviting. - Mixing in mulch and native grasses is smart. I’ve seen some high-end properties do a blend of drought-tolerant plants, boulders,...
RE: Sink fixtures driving me nuts lately
Sink Fixtures Driving Me Nuts Lately Couldn’t agree more on the matte black debate. People love to complain, but honestly, it’s not high-maintenance if you’re realistic about upkeep. I do think some brands’ coatings are...