Can someone explain how this works?
Let's assume I have a house that appraises for $350k. Loan on the house is $225k.
New house land will be 120k, construction will be $400k.
How does it all work?
Let's assume I have a house that appraises for $350k. Loan on the house is $225k.
New house land will be 120k, construction will be $400k.
How does it all work?