Located in Clubridge at Woodcreek Farms, this new construction features an open floor plan with the owner's suite and the second bedroom on the main level. While a projected half percentage point increase may not seem substantial, it does have an impact when you're buying a home. When rates rise even slightly, it affects how much you'll pay month-to-month on your home loan.
The chart below shows how it works:In this example, if rates rise to 3.55%, you'll pay an extra $100 each month on your monthly mortgage payment if you purchase a home around this time next year. That extra money can really add up over the life of a 15 or 30-year loan.
For many years, that thinking made sense: you buy a home in the spring, so that you can move in during the summer, so that your kids can be settled in by the time they have to go to their new schools in the fall.The flaw in this thinking, however, is that a lot of people think the same way. And when there are many homebuyers, there is more competition for the homes that are available.
The chart below shows how it works:In this example, if rates rise to 3.55%, you'll pay an extra $100 each month on your monthly mortgage payment if you purchase a home around this time next year. That extra money can really add up over the life of a 15 or 30-year loan.
For many years, that thinking made sense: you buy a home in the spring, so that you can move in during the summer, so that your kids can be settled in by the time they have to go to their new schools in the fall.The flaw in this thinking, however, is that a lot of people think the same way. And when there are many homebuyers, there is more competition for the homes that are available.
Reviews (8)
Victoria Alexander
Dec 25, 2021
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Critical: Professionalism, Quality, Value
Wanted to add pics but I don't see my original review. According to Exec, this is a job well done. Their standards are very different from other builders so if you're not impressed by what you see below, there are much better builders to choose from.
Services: Drywall installation, Exterior decorating, Floor fitting
Wanted to add pics but I don't see my original review. According to Exec, this is a job well done. Their standards are very different from other builders so if you're not impressed by what you see below, there are much better builders to choose from.
Services: Drywall installation, Exterior decorating, Floor fitting
Akia Delorissi
Jul 23, 2021
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If you buy a house with them, you will be disappointed! The job is rushed, so it is sloppy and dangerous. Paint is horrible, plumbing issues, landscaping issues, sprinkler issues ,floor issues, gas issues,. If you do a negative review, be prepared for them to delete your comment. If they did a great job, then why did they fire the person that was in charge of these builds? And then the people that work for them will go do positive reviews just to outweigh the bad. The contractors are horrible!!!
Jeff Monico
Jul 02, 2021
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Our family was considering many different options when looking for our new home. After weeks of my wife and I comparing different options. We agreed to chose to build with Executive Construction because of the superior warranty and we've heard from our friends that they respond to issues quickly and swiftly which was important for a big purchase like a home.
Park Lundgreen
Jan 07, 2021
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I am active duty military, my wife was six months pregnant, and we had been living in a hotel for three months waiting to close. We were supposed to close the day before Thanksgiving but the house was a mess and not ready to close. After sharing our concerns with the builder, the CEO showed up, and without introducing himself, threw a fit over our concerns, said he was going to sell the house to somebody else and then wished us a happy Thanksgiving as he stormed away. We didn't have anywhere to go the day before Thanksgiving. With my wife being six months pregnant we needed to close so we wouldn
Elisabeth Long
Nov 01, 2019
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Ryan
Jul 25, 2016
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Erwin Hickman
Jun 24, 2016
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Richandkat Long
Aug 27, 2015
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