Get on-line and in-person help in your studies and research, offered by librarians. A development mortgage is a short-term loan used to finance the constructing or renovation of a house or real estate project. If you’re out of state, you’ll wish to ensure your builder retains you up to date with the progress. “Ask if the builder will present progress photos regularly, and decide who shall be your main point of contact throughout the process,” he says. To save both time and money, maintain good communication with your builder, and be positive to are proud of the design/specs before the …