Wood Head Cover

Wood Head Cover

Carpenter's union downsized by head office
The 92-year old voice of Algoma District's carpenters and drywallers has had its union charter rescinded.[...]
For More Wood Head Cover Info Click On The Blue Links Below

Just picture it.....every room is exactly as you had envisioned. The smell of fresh paint, cut wood, and new carpet are everywhere. Your wife finally got her ultimate wish: the walk in closet complete with storage to accommodate her 326 pairs of shoes. As the man of the house, you have also decided to treat yourself right and build the ultimate man cave. Key features include: the largest big screen ever known, surround sound, and a custom mini fridge built into a plush lounge area. Brew is now within arms reach and Sundays will never be the same. Without a doubt, your family is the envy of the neighborhood. The Joneses are scrambling to regain their status quo. Life is good.

You finally decide to take the next step with your VA loan in order to make this dream a reality. You apply for construction financing, and realize your local bank is requiring you to put at least 20% down. What? How could this be? "I am a veteran and I have my certificate of eligibility!" you shout. "I have been told that I qualify for 100% financing!" "Show me the money!" Unfortunately, nobody is listening.

Building a new custom home these days is much more difficult than it used to be. With millions of homes IN foreclosure, and banks tightening their lending guidelines, we ponder the question: How can a person take advantage of their VA loan benefits and still get the closet space with the man cave?

In a VA loan transaction, BANKS LOAN THE MONEY, and the VA INSURES the transaction. Because the banks have the money, and are essentially taking the risk, they decide the terms and amount of risk they are willing to accept. In most cases, banks will error to the side of caution, and tend to be MORE conservative than VA loan guidelines. So when the bank says they need 20% down to build a new home, this is why.

In the following paragraphs, I will show you another tactic: How to win over the builder and use THEIR money and resources to build YOUR dream home! You will learn how to leverage your VA loan eligibility to secure the transaction and cash out the builder upon completion. It IS possible to get a new custom home with 100% financing. You just need to know how. Keep reading for the answer.

Understanding builder mentality- (The key to your success)

Builders are constantly on the hunt for new projects. And in many cases, builders start projects BEFORE locating a buyer. This very well known, and common practice, is called "spec. building" or "speculation." It's a risky proposition, and requires the builder to invest large amounts of time and money banking on the notion the home will eventually sell for a profit. As we now see from past experience, many builders lost big money, and some even went bankrupt when they got stuck with homes that wouldn't sell. It's a huge gamble for any builder. As a savvy buyer, your job is to align yourself with the builder and eliminate many of these risks associated with a new build. In doing so, your offer will be very attractive and the builder WILL WANT to do business with you.

Making an offer a builder can't refuse.

But I don't have any land!

If you don't have land, your quest for a custom built VA home just got easier! Bringing a builder to YOUR job site is always going to be more difficult than GOING TO the job site. So without the land issue standing in your way, just target the community you like, and then find the builder with projects already underway! Your approach with the builder will be identical to the process I described above. Create value and eliminate risk.

Target a home that is in the very early construction stages. Just after ground breaking is ideal. The sooner you locate a new home the better your chances for making custom changes. The builder may ask you to cover the costs for any design changes you make. Those costs may be architectural and engineering; but overall, paying for these changes will be much less than putting 20% down.

Once your home is about 60 days from completion, contact your VA lender to start the closing process.

PS. I think the man cave is ready.

Many thanks for reading our Wood Head Cover article

• Wood Headcover Head
• Wood Headcover Cover

Tagged with: head cover • plain wood head covers • wood head

Filed under: Golf Accessories

Like this post? Subscribe to my RSS feed and get loads more!