All About Realestate

By Alexander West

Flipping can include wholesaling or even assigning the purchase.

Wholesaling property is another way to make a bit of quick money. Basically, you”re going to be your own real estate agent and find properties for sale, purchase the property, and then sell it to an investor, hopefully at a profit. Flipping a house this quickly is not as profitable as some of the other ways, but if you”re looking for a bit of quick cash, and know the investors in the area, it can be done. Make sure you know the market, know your real estate investors, and have the financing or cash available to make a quick purchase. Remember, cash often talks and the property can be discounted when cash is in the contract.

Another way to make a bit of cash in real estate quickly is to assign the purchase. Basically you”re going to commit to purchasing a home or the real estate, but do not close the deal. Instead, you”ll pay a fee to a real estate investor, who then takes control of the financial contract as well as closes the real estate deal. Make sure that you understand the assignment fee, the contract, and know the real estate investor well before you assign the purchase.

One word of caution here. Emotion is a tricky beast to retain control over. Investing, in whatever form, may it be stocks, real estate, classic cars or art should be mechanical as possible. In other words emotion should not enter into the equation. Once it does the situation becomes less clear because now you are emotionally attached to the deal. A deal should look good from a financial viewpoint only; not whether the decor is nice, or because there are trees in the garden. So if you follow a plan and it works then great. New and better ways of doing things will always be found.

For example in the UK in the mid-90”s a phrase was coined; Buy To Let. This was where you took out a loan to buy a house for the sole purpose of letting it and generating an income. The banks didn”t take long to get in on this action and a lot of people in the UK have done very well out of the buy to let market.

Even though this was a new concept, a new approach to property investing, you still had to do your due diligence and made sure that the figures added up. In other words the system that you”d always used to make money still applied. It is highly unlikely that there is any system of making money that has emotional tension at its core. It is not possible to think straight when caught up in an emotional storm. Therefore devise a mechanical system of assessing a property. It could be something simple as series of ticks in a box or something that suits your personality. Take time to develop a plan and talk to other investors.

The real estate market can be very lucrative, but you must know the market your purchasing property in. It”s about location, and what the market will bear. Purchasing a piece of property that is run down in a hidden area that”s not going to climb in value quickly, isn”t going to get you very far as no-one will buy it at the price that you want or need. It”ll cost you too much to improve the property and the profit may not match the cost of the real estate improvements.

About The Author

Alexander West holds the Financial Planning Certificate. One of his passions is learning and teaching people about finances. You can read the rest of this article, and join others creating more wealth in their lives at http://www.propertyinvestmentbeginner.com/flipping-real-estate.php

By Alexander West

The first things to consider when it comes to investing in property are: never purchase real estate with cash, never purchase real estate with money you”re going to need soon and never purchase real estate assuming that the mortgage can be paid by renters. Besides these basic rules of thumb, there is a lot of other knowledge you need to know before you actually purchase your first piece of real estate investment property.

Before signing on the dotted line on any real estate, make sure you have as much knowledge as possible. You”ll need to know about the market, real estate investing in general, real estate laws and regulations in your state, as well as knowledge about the piece of real estate itself including its history, zoning, and condition.

For your first property investment try to think small. Setting yourself for failure by purchasing too big a property or one that”s too expensive can only be a stressful, frustrating and a financially draining situation. Make sure that you can afford the property, as well as have a plan as to how long you”re going to keep it, what you”re going to do with it as far as repairs or rentals, and what it”s worth on the market today, five years from now, and ten years from now. Real estate as an investment is usually something you”re going to hang on to, of course, for those who are really good at it, flipping property is one way to make cash quickly.

Some people become investors in that they put up the money to buy a property. They possibly do not have the time to go out and find properties themselves, but are willing to put up the funds necessary to buy a property which meets their requirements. In order to meet people like this, you will need to make yourself known. You may need to seek out real estate investment clubs, property networking clubs. You will then need to talk to the people there and start forming relationships. It is probably fair to say that real estate investment is as much about finding a good deal as it is about finding good people to work with and a good team supporting you. Give attention to all these facets.

Finding other like minded individuals may lead you to undertaking what is known as a Joint Venture. This is where you get together with another person or a group of people and pool your resources to buy a property. You would all need to draw up a contract that shows who put in how much money, how the rental income will be split and how the proceeds of selling the house will also be split. Make sure that you like the people who are undertaking a joint venture with; as all of us know it is not much fun working with people who you do not like. When choosing people to do joint ventures with, meet them for coffee. Do not even discuss real estate. Talk about every day things, soaps, holidays, food. All the time watch how they interact with other people; are they polite, do they get annoyed easily, are they laid back. Your gut instinct will tell you whether a joint venture with this individual would feel right.

About The Author

Alexander West holds the Financial Planning Certificate. One of his passions is learning and teaching people about finances. You can read the rest of this article, and join others creating more wealth in their lives at http://www.propertyinvestmentbeginner.com/property-investment.php

By john mce

The news this week that an 11.6 million pound mansion has been repossessed and forcibly put on the property market may please some, to see someone at the higher end of the market suffer, but repossession is no laughing matter. With bank lending grinding to a halt thanks to the credit crunch, and banks trying to reduce their mortgage book, Lib Dem MP Julia Goldsworthy has put forward a proposal to stop banks repossessing houses unless it is a last resort.

It is stated in the terms of any mortgage contract, that your lender has the right to issue repossession proceedings if you do not make required payments. Usually 2 months of arrears is enough for a lender to take action, but they will normally try to come to an agreement with the mortgage holders to clear the arrears and avoid court proceedings.

If the lender is not happy with the amount of arrears, or the borrower”s proposal for repayment, they may take possession action in the County Court. They do this so they can take control of the property, and sell it to recover the outstanding balance of the mortgage.

If your lender contacts you about your arrears, don”t ignore their letters or phone calls, if you don”t respond, they are much more likely to advance with court proceedings. If you are not sure how to respond to your lenders correspondence, contact a housing aid centre or citizens advice bureau, they will be able to help you come up with a proposal to control your arrears and (hopefully) keep your home.

Letter from lender
The first letter you are likely to receive, is a reminder stating that you missed one or two payments, it will normally ask you to confirm how you intend to catch up on the missed payments, or to contact them to discuss your financial situation.

If the lender isn”t happy with your proposal to repay, it will contact you again. The second letter usually states that if the arrears aren”t cleared or you contact the lender within seven days, then solicitors will get involved. It is always better to speak to the lender before the solictors become involved, and a housing aid centre or citizens advice bureau would be able to help you with this.

Letters from the solicitor
Solicitors will ask much the same of you as the lender, to clear your arrears or contact them with a proposal for doing so. If they are not satisfied with your response, they can start court action without further warning.

It is still worth trying to negotiate with solicitors, even if you can”t come to an agreement, the court is more likely to be sympathetic if you made an effort to get things sorted out.

About The Author

John Mce writes on behalf of A Quick Sale. A Quick Sale is the number one property buyer in the UK. We can help you with a quick property sale and find solutions to keep you in your home, through rent or buy-back options.

http://www.a-quick-sale.co.uk/

By Roselind Hejl

Condominium is a form of ownership of real estate. In this type of ownership the owner has individual title to the air space inside the unit, plus an undivided interest in the buildings and land.

Condominium ownership is guided by a set of declarations that are written at the time of creation of the development. This document outlines how the condo will be governed and maintained. The Texas Real Estate Commission contract allows the buyer to receive a copy of the condo documents, and have a certain period of time to review them. The buyer may decline the contract without penalty if he is not satisfied, after reading the documents.

If you are considering a duplex condo, here are seven questions to ask during your document review period:

1. Condominiums usually have an elected board of directors who take charge of scheduling maintenance, paying common bills, and handling any disputes that arise. Of course, in a duplex condo there are only two owners. This creates some special questions on how the governing board will be structured. Will there be a representative from each unit on the board? Check to be sure this is written in the condo documents.

2. Usually, duplex condo owners do not want to incur the expense of a management company. They often handle any common area repairs, insurance and landscaping between themselves. It is important to check whether the declaration requires a third party manager, or allows management be handled by the two owners.

3. How will the two parties resolve a disagreement? In a large condo project, the board may be able to look at how a particular issue has been handled in the past. Or, it may take a vote on a rule interpretation. However, in a two party association, previous decisions may have been made according to the preferences of the two owners. This may not give you as much guidance as you need to handle a difficult issue. Do the condo declarations say how a voting deadlock will be handled?

4. Will there be dues collected for a common budget? In small, two-unit condos, it is possible that there will not be a common budget for the project. Each owner may be required to handle all maintenance of the portion of the building and land that he occupies or uses. If this is the case, how will major structural repairs be handled, should they arise?

5. If dues are collected for a common budget, are you clear on how repairs and maintenance will be divided between the individual owners and the common budget? It may be that the common budget covers all exterior parts of the building, decks, pools, sidewalks, and driveways of both units. Or, the individual owners may be responsible for certain kinds of exterior maintenance of their units. Find out how these responsibilities are divided!

6. Have you considered the possibility that you and the other owner may have very different views on maintenance of the building and grounds? What about differences in temperament and lifestyle? One may be fastidious about painting and upkeep, and the other may let his unit get into bad shape.

7. Does the condo declaration provide for a way, such as mediation or arbitration, to resolve difficult issues that cannot be settled between the two owners?

If you do not feel comfortable analyzing the condo documents yourself, hire a real estate attorney to review them with you before proceeding with your purchase. Do not look to the seller, Realtors, home inspector, lender, or well meaning friends to interpret condo documents. This is not their field of expertise! Ask a lot of questions before proceeding with your purchase. A clear understanding of your obligations and potential problems in the ownership of a two-unit condo will lead to a more satisfying purchase.

About The Author

Roselind Hejl is a Realtor with Coldwell Banker United in Austin, Texas. Her website – http://www.weloveaustin.com – offers homes for sale, market trends, buyer and seller guides. Let Roselind help you make your move to Austin.

By Steven Walters

How can you choose the right refinancing lender online with so many of them competing for your business? It may seem impossible, but if you want to be sure of getting a low cost loan with a low interest rate and great customer service you need to find the best refinancing lender. These three things are such important parts of refinancing your mortgage that they are they keys to getting a good loan refinance. Here are the three things to look for when choosing a refinancing lender:

Excellent reputation
This is the top quality to look for in a refinancing lender. You need one with a great history of online lending and customer service. Look them up on the Better Business Bureau website and make sure that they”ve been in business for several years and have good reviews. You want to make sure that they aren”t going to close down in the next year and trust me, online lenders have a habit of coming and going quickly so find one that has been in business for several years and is likely to stick around. Those companies that have been in business for several years give you a better chance of finding a quality refinancing lender.

Good rates and fees
Ask the lending company that you are considering refinancing with for a complete list of their costs and fees. Any reputable lending company should be happy to provide you with this list and it will make it so much easier for you to compare your refinancing options. Of course you want to find a low interest rate, but pay attention to the other fees and costs as well since they can add up quickly making your loan more expensive. Some fees to look for are closing costs, prepayment penalties and document preparation fees. If any of these strike you as being excessively high then you”ll probably want to continue your search for a refinancing lender.

Great customer service
While we all want to find that great deal on a mortgage refinance, customer service is equally or even more important than the overall cost. Poor service can add stress and costs to the loan and if you feel slighted by the company you”re working with or the loan officer is impossible to contact then you may want to continue your search for the right refinancing lender too. Great customer service from a lending company means that the loan officer will be available and willing to answer any questions you might have, he or she will answer them clearly and will do everything they can to help you meet your refinancing needs. You really don”t ever want to work with a refinancing lender who makes you feel uncomfortable or pressured. The refinance company should make you feel like your loan is the top priority to them at all times.

And perhaps most importantly, make sure you do your research and compare several lenders before agreeing to an offer. I would suggest getting a minimum of three quotes before making your decision. Remember that you are free to choose any refinancing lender at all and are under no obligation until you actually sign the paperwork. Don”t rush into anything and make sure you”ve checked out several refinancing lenders before choosing the right one for you.

About The Author

Learn more about refinancing lenders and home equity loans by visiting the authors website at http://www.mortgagesandyou.com

By john mce

Property appears to be a great way to make a lot of money, here are some tips on how to get your property rented out as quickly as possible.

Get a Good Property
If you are buying a property to rent, choose one with square or rectangular rooms. Oddly shaped rooms can make a property feel small or cluttered. The key bait for finding a tenant is en suite with a decent living space, even if bedrooms are a little on the small side.

Choose a good letting agent
Selecting the right agent is essential if you want to rent out your property quickly. Find out which local letting agent generates the most enquiries from potential tenants, and consider agents with a good high street location, or good online marketing presence. Search online for properties such as yours, and the top hits in search engines are probably the best bet since likely tenants are likely to be using the same search terms as you. Make sure the agent you pick is established and rents out property on a regular basis, thus securing a stream of new tenants.

Interior Design
Decent furniture and a sophisticated interior designed look is a great way of securing higher rent and a speedy let. Furniture and interior design can make a big difference, and attract more favourable tenants who intend to look after the property.
Many landlords ruin the return on their investment by skimping on furnishings and fittings, but these can greatly increase the return. Consider employing an interior designer or specialist furniture supplier who can give your property a sophisticated look. It”s worth paying more for things like three piece suites and dining tables, since these are core pieces of furniture. Consider hiring a photographer to make sure your property looks truly amazing, photos are a great tool to set your property apart from the pack.

Keep in touch with your agent
Keep in regular contact with your letting agent and enquire about the number of viewings. If your property is slow to rent it is very important that you ask the agent to confirm any problems with the property as soon as possible so you can address those issues. Discuss the problems with the agent and decrease the rent if this is the best option. Remember it”s better to rent quickly at a reduced rate than lose months worth of rent while you struggle to find a tenant.

Say No to Greed
Many landlords overprice properties and try to hold out for months to find a tenant willing to pay. If your rent is unrealistic you will not rent the property no matter how long you wait. Price just below the market as waiting around losing prospective rent for months before realising you need to drop the rent will mean a sever loss of income.

Make Sure They Pay
Accept rent payments only on a standing order basis, as this reduces hassle later chasing around cash and cheques. Check the bank account and make sure the standing orders go in, as soon as you get a late payment, advise them in writing that you are not happy with the situation. Make an issue of the late payment and ask them not to repeat it. Ask for six weeks deposit instead of four, as tenants tend to withhold their last months rent as a way of getting their deposit back. This way you at least have 2 weeks worth of deposit available to compensate for property damage.

About The Author

John McE writes on behalf of Buy to Let Furnishings, Rental Property Furniture Specialists who offer a complete range of furnishing solutions for rented or buy to let investment property.

http://www.buytolet-furnishings.co.uk/

By john mce

Finally a small bit of good new for home owners, house prices went up a little bit. According to figures released by the Department of Local Communities and Local Government (DCLG), the average price of a property rose by one percent to 217, 171 in July from June”s 215, 029 average. It is welcome news for home owners after month on month losses since the beginning of the year.

The figures contradict those released by Nationwide and Halifax banks, who recorded 10.5 and 12.7% losses respectively. These figures were based on August data, whilst the DCLG statistics were based on July, so there could be more bad news to come.

Pressure on house prices continue because of weak market activity exacerbated by tight lending conditions, meaning first time buyers having to stump up bigger deposits than ever. Due to bad market conditions it is estimated that house prices will continue to fall as lending conditions tighten further.

July normally sees a rise in house prices, so slow growth or decline for July seems to suggest the market has still not recovered from 9 months of losses. There is an overall rise between June 2007 and June 2008, of 0.6% which makes the recent downturn look even more gloomy in comparison.

Economists have predicted that the Lehman Brothers bankruptcy will have consequences for house prices, as banks restrict lending. Economic analysts Global Insight and Capital Economics predicted that prices will continue to fall in bad market conditions. Banks will reduce lending volumes which will increase the cost of interbank borrowing. The recent HBOS crisis, whose shares dropped 22% in value yesterday, and are considering a merger with Lloyds TSB which is sure to make matters even worse.

Good news for Scottish home owners as prices rose 3.6% in July, compared with falls in Wales (0.8%) and Northern Ireland (10.3%). Average prices paid by first time buyers in July 2008 were 1.6% lower than last year, but prices for former owner occupiers were 0.1% higher.

The highest price growth was in the East (0.8%) followed by the North West (0.5%) and the South East (0.1%). London prices were stationary while the North East and South West were worst hit with 1% and 1.9% falls in property prices.

The housing market has been through a severe contraction after a decade of booming prices, sales are down 50% in the past year, and mortgage approvals are down by more than 70% which indicates that the sales have further to fall. Some estate agents have reported that they are selling less than a property per week.

About The Author

John McE writes on behalf of A Quick Sale. A Quick Sale can buy your house, fast. We actually buy your house direct from you. We offer tailor-made solutions to enable you to sell your house as quickly as you want.

http://www.a-quick-sale.co.uk/

By Paul Gray

Nobody profits by being ignorant. In order to make money when renting out property it is important that you think. This is also true if you plan on selling a property in the future.

If you want to keep the property so that you can benefit from tax advantages and capital appreciation but wish to offset the expense of the property then you should consider renting the property. This article looks at some of the advantages and disadvantages of renting out your property.

As you will legally own the property you will be responsible for covering all of the costs associated with ownership, including the mortgage, taxes and insurance. You will also be obligated to pay or carry out repairs around the property which were caused by general wear and tear. Even if you have not entered into a contract saying that it is your responsibility to repair the property, your renters will no doubt use this as an excuse not to pay their rent. It”s not a good idea to encourage angry tenants.

You should get all prospective tenants to fill out a thorough application form, this should be constructed so that you can get all of the information your require to do a background check.

Make sure you check the credit history of the applicant. Note down any history of late payments. Check out their employment, it”s also a good idea to talk to their previous landlords. Construct a fair, well balanced contract which clearly spells out the responsibilities and rights of both parties.

The contract should be easy to understand, so don”t use any technical jargon. Also make sure that it”s fair to both parties. State how much deposit is needed, and how much notice needs to be given for inspections by the landlord. It”s also a very good idea to say who is responsible for specific types of maintenance.

The dates of payment should be accurately recorded. Whenever the payment is late you should find out why this is. A delay of just a few days shouldn”t be any problem. Everybody experienced unexpected expenses at some time. However if your tenant is always late paying then perhaps you need to talk to them about it. Discuss this with them as professionally as possible. Show them that you can legally charge a late fee, and try to encourage them to pay on time in the future.

When the property is being rented, it”s a good idea to ask the neighbors how they think the tenants are behaving. Do it in a friendly way, not one which will cause suspicion. You are not asking if they are friends, you”re only interested to find out whether they are being a good neighbor. They should be tidying up any trash, and should not be creating excessive noise. If any form of legal action is required then it”s a good idea to go down the route of arbitration.

It”s important that you do all of your homework both before and after renting the property. This will make sure that your investment is protected as much as possible.

About The Author

Paul guides first time landlords on how to get the best from their buy to let investment. He has a deep understanding of house insurance for landlords. http://www.landlordsinsurance365.co.uk

By Art Gib

If you are looking for real estate in Northern Illinois, you can choose to settle in an environment as lively and busy as Chicago or as scenic and historical as Rockford.

Even though both of these places rank within the three largest cities of the state they definitely have different attractions to offer home buyers.

Chicago

In addition to housing the second largest business district in the U.S., Chicago is ethnically diverse, culturally rich and full of lively entertainment. The Chicago real estate market is also huge and diverse since it accommodates millions of people with a broad range of small and large budgets.

As a result, buyers can choose to invest in anything from a single-family home or mansion to condos, penthouse apartments, townhouses, and loft apartments when they shop for a home in Chicago. The Loop and northern neighborhoods have always been popular for their lakeside views, harbors, parks and nightlife, but West side neighborhoods like Bucktown are also rising on the home value scale.

As a result, the best place to look for affordable Chicago homes are southern communities like Englewood, Riverdale and Chicago Lawn.

Rockford

By comparison, Rockford is a smaller city with an economy that relies heavily on high-tech businesses, tourism and the westward growth of Chicago. Real estate prices are also significantly lower in Rockford.

For example, the median price for a single-family home in Rockford is $93,000. This figure is lower than both the national median cost for single-family homes and the median cost for Chicago homes. From its nickname as “The Forest City” to local attractions like the Anderson Japanese Gardens, Klehm Arboretum and the Botanical Gardens, Rockford is also famous for its natural beauty and park systems.

Its location makes it a valuable refuge from the city, but you can commute into Chicago for a day of sightseeing in less than two hours too.

Sorting through the Real Estate

Whether you prefer Chicago or Rockford living, there will be a lot of real estate listings to go over before you find the home of your dreams. One of the best ways to make the home-buying process faster and less stressful is to hire a knowledgeable Realtor who is familiar with the local area.

That way you can have a guide to show you through the houses as well as access to the most up-to-date listings and all the neighborhood statistics. If you”re working with a Realtor you can also hold them to the stringent ethical standards required by the National Association of Realtors.

About The Author

Rockford and Chicago are only two places in northern Illinois to look for real estate, but RE/MAX can help meet your needs no matter where you want to settle. For more info on Rockford and Chicago homes visit http://www.illinoisproperty.com/rockford-real-estate.aspx. Art Gib is a freelance writer.

By Chris Esposito

Owner builder construction loans, like the rest of the mortgage industry, have had to tighten their belts to survive in today”s lending climate. For borrowers who wish to build their own homes, this translates into tougher guidelines to secure financing. However, there are still four creative ways that an owner builder has available to close on a construction loan without a down payment.

If you want to be an owner builder, then that means that you want to cut out the costs of a general contractor and build a home that is valued well beyond the total cost of construction. Therefore, you may think that this sweat equity that you are going to build into your home should cover any requirement for a down payment.

Not too long ago, you would have been right. Owner builder construction loans were being closed everyday with borrowers putting no money into the deal. Looking back, it seems almost insane for a lender to provide financing with no cash requirements for people who want to build a home without a general contractor. Heck, even loans that do require licensed, approved builders nowadays require some cash from the borrower.

So, if you want to be an owner builder today, you should expect to have a down payment of at least 5%. When you consider the level of risk that a construction loan represents to a lender, this is still a phenomenal deal. But, if you are an owner builder who has no real savings available for financing, you may be able to secure a loan with no down payment out of your pocket by using one of these five methods.

The first way to close an owner builder construction loan without bringing a down payment to closing is to get an exception to waive the Interest Reserve feature of the loan. The Interest Reserve is a pot of money wrapped into your loan to allow you to go through construction without paying the mortgage payments out of your pocket. It”s there to protect you, the owner builder, from having to make multiple house payments during the construction phase. But, if you are a well-qualified borrower, you can request an exception to waive this pot of money and make payments as you build.

If you are granted this exception, your interest payments that you make as you build will take the place of the down payment on your owner builder loan. However, this exception is getting tougher and tougher to get as the mortgage industry continues to tighten guidelines. You may be able to waive only a portion of the Interest Reserve and have to bring a portion of the typical down payment. That”s not bad, but let”s look at some other options available to you.

The second method is probably the most common way that an owner builder can avoid bringing a down payment to closing on the construction loan. If you own your house, you can cross-collateralize the equity from your current home to waive any down payment requirement. At some point while you build your new home, you will sell your current home prior to moving into the new house. An owner builder can use a portion of the profits from the sale of the old home to put into the new loan and move into the newly built house.

But, if you don”t own your home, then you may still be able to get an owner builder construction loan without a down payment by owning the land that you want to build on. If you have owned the land for less than a year, then you will get credit for the cash that you already put into it. Or, if you owned the land for over a year, then you get full credit for the actual value of the land. Imagine you bought the land for $30,000 a year ago. Today it might be worth $40,000. Even if you still owe $30,000 to pay it off, you will get credit for a $10,000 down payment as an owner builder!

If none of these three methods will work for you, then you might be able to secure financing using this fourth way: counting any of your pre-paid costs toward your down payment. For example, if you are an owner builder who has been planning your project for a while, then you may have already purchased blueprints and plan engineering. Or, you may have already installed a septic system on your land. Or, you may have made a deposit to a material package provider. Whatever the expense, if you can document it, then you can apply it toward your owner builder construction loan and avoid a down payment at closing.

And, finally, here”s the fifth, and maybe most creative, method. If you want to be an owner builder, you may be able to work out a deal with the seller of the land. If the seller will agree to hold back a portion of the purchase price, then you can close on the loan without a down payment. The seller will have to wait until you finish building your home until he gets paid that amount that he agreed to hold back.

Why would a seller do this? It”s simple, really. It”s a buyer”s market right now, and sellers are often desperate to sell their property. It may be a great deal for them to get the bulk of the sales price at closing, then get the remainder once the home is built. And, you can proceed with your owner builder construction loan without bringing any cash for a down payment to closing.

The mortgage industry has had to dramatically alter the lenient guidelines of yesteryear. However, if you want to be an owner builder, there are still some great ways to limit or eliminate potential down payment requirements.

About The Author

Chris Esposito provides owner builder construction loans to those who wish to manage the construction of their own homes without paying general contractor fees. For more information about owner builder loans, please visit http://www.OwnerBuilder101.com, or call (877) 876-3688.