In many cases, closing costs include escrow deposits for taxes and insurance. 

I think our big run has occurred and we are in for stable pricing for a while now.. although I get reports from our title companies and its still a strong sellers market.. but I am not seeing over bids like we got last year.. and on my new construction were we sold last year in one developemtn 18 homes in 6 weeks we are at 2 a month right now.. which is just fine.. we sell out in 12 months.. but our prices are 75k per home higher than they were last year.. and our cost are up 20k so net gain of about 50k in bottom line profit on this particular subdivision..

Other holding costs include insurance, utilities, and lawn care.  

I would have them post a performance and payment bond for the build (so you have recourse if it goes belly-up) and have them name as you additional insured on their insurance policy.Don’t forget to check the utility infrastructure to the site.

Typically big banks and credit unions are captive to a single PMI provider, mortgage brokerages and banks can shop it among mortgage insurance providers.

As soon as I was able to get myself enrolled on insurance and get an online profile, I started to getting referrals within a week.

We pick one of our favorite restaurants, book the entire place on one of their closed nights or a slow night in January, and invite our work team (plus one guest each) to join us for dinner and a celebration to show our gratitude.Most of our construction/trades contractors don't have health insurance and put off aspects of their health care.

The goal is to pay off the house ASAP so we can have a stable income when my wife and I retire in the next 15-20 yearsLet me know your thoughts or questions by leaving a comment.Here’s a short video I made on the renovation process:

No lender with the right mind will fund this with 24 hr notice and no title co will insure in 24 hrs. 

My insurance covered a bioclean company to come and remediate the damage: That cleaning included deoderizing, removing affected flooring and removing and disposing a mattress.