Articles By:
Lynnette Walczak
I told myself that I wasn't going to be negative -- especially about any one company -- when it came to talking about all the hoops we've had to jump through in order to get our log home financed. But let me just say this: We've had a change of heart about a couple of banks recently. Some of the details are mentioned here.
One of the biggest hang-ups in the process of finding a bank to finance our log home was the 'draw schedule'. The draw schedule is that unique timeline that spells out exactly when the logs themselves will be paid for, when the next installment of payments will be doled out by the bank, etc. It became difficult to get the bank and the log home company to agree on when the actual money would exchange hands. Here's how it went for us.
We qualify for the loans, but there just aren't enough log homes that have been sold recently around here for the banks to use as 'comps' in order to determine a fair appraisal value for our proposed log home. They're coming in way lower than we can build this log home for. And the banks won't budge.
There is so much variety in the products available to us today, that it is difficult to stay abreast of all the latest changes in bathroom and kitchen design, as well as the trends that are shaping the future of kitchens and baths. Here, I've summarized a number of kitchen and bath trends that I've noticed while reading through home magazines, newspapers, and online reports in recent months.
