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Construction Loan Terminology: What It Means and Why It's Important

If you’re thinking of applying for a construction loan, there is a lot to consider, and while doing your research, you may run into some unfamiliar terms. Below is an explanation of some construction loan terminology you’re likely to come across in the wo...

How Do Spec Home Builders Make a Profit?

A “spec house” is a new home built on a speculative basis, created with the intention of selling but with no buyer lined up in advance. Known also as “move-in-ready” or “inventory” homes, these properties are typically built quickly, have a good quality s...

How to Be Successful in Residential Building

Residential building can be a lucrative business if you know what you are doing. There are the different types of builds to consider with custom, semi-custom and production building as options. Do you want to build single homes or developments or apartmen...

Smart Building Skills to Learn and Employ

Technology is integrated into everything we do today. In the construction industry, signs of having people employed who have technical acumen are emerging. From smart cities and smart buildings down to smart homes and green buildings, humans are learning ...

How Green Building Impacts Homeowner's Insurance

As a builder, developer or investor, you already know the importance of having the proper insurance coverage on a project. You may even already know the ins and outs of how to insure green construction projects while they are being built, but do you know ...

The Benefits of Using Prefabrication Techniques

Prefabrication techniques have been used in commercial construction for a long time and are becoming increasingly more common in residential construction as well. Technology has also made prefabricated products not only more attractive, but more energy ef...

Top 5 Building Information Modeling Software Solutions

Building information modeling software is an up and coming technology trend in the world of construction. Although it’s likely to be more than a trend going forward, it’s something we should see stick around for years to come. The purpose of this software...

Water Efficiency Best Practices in Residential Construction

The way construction is done is changing in many ways. Builders, developers and investors are migrating from traditional building methods to green building. Green building involves several things, with water efficiency being one of the components. In the ...

Sustainable Construction For Eco-Friendly Building

As the Earth’s population grows and people use its finite resources, the push for eco-friendly processes and procedures has come to the forefront of everyone’s minds. Business leaders, governments and regulating bodies have all created rules, passed bills...

Prefabrication and Modular Construction Defined

Prefabrication and modular construction have been gaining popularity, but there is sometimes an assumption among consumers that these terms are interchangeable. Not only do the two terms refer to different things, there are also many subtypes as well. Her...

The Seven Components of Green Building

Green building is on the rise and builders, developers, investors, brokers and architects are learning the ins and outs of the process. Green building encompasses several things and can be applied to any phase of the building process. To aid builders in k...

Integrating Green Tech with Green Construction

The goal of green technology is the same as anything else that is green: To provide sustainable solutions with minimal impact on the environment. When integrating green tech with green construction, the aim is to aid green buildings by making them energy ...

Construction Loan 101

This question & answer covers a topic we know well: Construction Loans. Answers are not meant to be exhaustive, but merely to touch on typical residential construction loans made to professional builders and investors working with general contractors....