Eleanor's RTP Blog

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Mortgage and Lending - Equity Resources - NMLS 67179 Licensed in NC
Covering housing and economic trends of all points surrounding the RTP / RDU (Research Triangle Park), including the major markets of Cary, Holly Springs, Raleigh, Wake Forest, Chapel Hill, Durham and Johnston County.

ARCHIVED BLOG POSTS

2017 

There are several different ways to finance a new custom home, most commonly, you would pick out a lot, and find a Builder who will build the home to your specifications.  This “Custom Home” loan, or construction loan, would be in your name – and the builder would receive “draws” or lump sum amou...
10/25/2017
We get MANY questions on this site, many of them start like this – “We want to buy a house, but honestly don’t know where to start.”  We focus much of our time, and our business, on First Time Home Buyers.  We believe that when you are buying a home for the first time, you really need someone who...
10/18/2017
If you want to find a Builder to build your home on a lot, how do you do that?  One way is to have the Builder take out a mortgage, and in that situation, you normally have to make a pretty sizable deposit with the builder, often times it’s at least 20%.  IF you own the lot, you might have to sig...
10/10/2017
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Eleanor Thorne

Equity Resources 919-649-5058
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