Financing in 11238>Question Details

Jo Budzilowi…, Home Buyer in Brooklyn, NY

Interested in general estimate for costs of building a one family 3-4 bedroom home in Prospect heights

Asked by Jo Budzilowicz, Brooklyn, NY Tue Jan 29, 2013

What are some of the hidden costs - inspections, permits, property taxes, that you might not think of?

In terms of financing would you typically get a mortgage for both the purchase of the land and cost of building or two separate ones?

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Luke Constantino’s answer
Hello Jo,

I have dealt with this numerous times, but a Realtor is not the person to answer this question. It is possible to get a mortgage/construction loan, but they are rare.

You need to talk to a good lawyer (free consultation)
And a good mortgage broker

I have been in the business over 15 years: I have access to both.

Give me a call... I would be glad to help!

Cell: 212.300.3919

Luke Constantino
Realtor
REMAX NEW YORK
(212) 300-3919
lukeconstantino@gmail.com
261 4th Avenuue, Brooklyn NY 11215
1 vote Thank Flag Link Wed Jan 30, 2013
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