August 1, 2010

UBUILDIT - WE'LL HELP!  
 
Please Enjoy our Client Success Stories
Visit www.ubuildit.com  or Call 859-223-5300


Welcome to UBuildIt Lexington South
 
Greetings!

The featured project for August is the new home of Andy and Carol Spears located in Corinth, Kentucky. The picture above is Andy and Carol on ground breaking day!
 
We normally feature one of our preferred vendors. Instead this month we have included a great local Lexington Business Networking group in which we are members. 
 
In addition to including some helpful building education, we have included a few pictures of our clients projects-in-progress. Down the road, you can see their completed homes as monthly features.
 
I hope you enjoy seeing our clients wonderful dream homes. Please read... as they have put in alot of hard work and want to show it off to you!
 
Networking Spotlight  
   
 BNI Central Kentucky Chapter 
 
Business Networking International is the largest Business Networking group in the world. In Lexington, we are a member of the Central Kentucky Chapter. I meet with these fine business people every Monday and would love to introduce them to you. Should you need help in areas from insurance to carpet cleaning feel free to call our friends and business associates listed below! 
 
Doug Boggs
Benefits Group of Lexington
Employee Benefits - Group Insurance

Phone: 859-223-0707
Cell Phone: 859-229-0677
Fax: 859-223-4004
Lexington, KY 40513
 
Renee Brantley
Coffee News
Print Advertising
Phone: 859-325-5008

Riley Burton
Benchmark Mortgage
Phone: 859-293-0411
Website: www.rileyburton.com
Cell Phone: 859-229-4424
Toll Free Number: 866-293-0411
Fax: 859-293-0511
 
Jeff Corbett
Morgan Stanley Smith Barney
Certified Financial Planner
Phone: 859-231-9504

Paul Craig
The Burns Clean Team
Carpet, Floors and Upholstery Cleaning
Phone: 877-763-4789
Cell Phone: 502-705-5922
Fax: 877-763-4789
 
Jeff Creech
Liberty Mutual Insurance Company
Property Casualty Insurance
Phone: 8592231313
Direct Number: ext. 206
 
Tim Davis
Grasch & Gudalis, PSC
Attorney At Law
Phone: 859-253-9506
Website: www.graschlaw.com
Fax: 859-243-0129
 
Harmony Dawson
Eastland Chiropractic
Phone: 859-255-3777
Cell Phone: 859-519-7106
Fax: 859-255-3967

Eric DeBusschere
Fresh Beats
Entertainment Disc Jockey
Phone: 859-338-1084
Website: www.fresh-beats.com
 
Nick Esselman
New Horizons
Computer Software Training
Phone: 859-266-2900
Cell Phone: 802-233-2479
Fax: 859-266-3290
 
Jon Fox
Rely Technology Group
Audio Visual Media
Phone: 859-402-1413
Cell Phone: 859-433-7023
Fax: 859-402-1414
 
Celeste Gabbard Byrd
Mary Kay
Phone: (606)560-9556
Website: www.marykay.com/celestegabbard

Steve Johnson
BranDemand,LLC
Advertising Promotions
Phone: 859-273-1118
Website: promotions-brandemand.com
Cell Phone: 859-273-0582
Fax: 859-273-1566
 
Craig Mayfield
Craig On-Site
Computer / Network Repair
Phone: 859-489-4320
Cell Phone: 859-489-4320
 
Chuck Powers
Powers Insurance Agency
Supplemental Insurance
Phone: 859-269-6111
Direct Number: 859-269-6111
Cell Phone: 859-539-6111
Toll Free Number: 866-523-3862
Fax: 859-268-2113
 
Garry Reynolds
Northwestern Mutual Financial Network
Phone: 859-244-8310
Cell Phone: 859-421-0813
Fax: 859-255-2255
 
Donna Smith
Stivers & Associates
Phone: 859-254-4427
Website: stiverscpa.com
Cell Phone: 859-533-0904
Fax: 859-255-6198

Jamie Svec
Svec Enterprize
Neighborhood Handyman/Landscaping Svcs
Phone: 859-278-5953
Cell Phone: 859-321-3093
 
Stuart Taylor
Payroll Solutions, Inc.
Phone: (859)255-7020
Website: www.payrollsolutions.cc
Cell Phone: (859)312-4884
Fax: (859)255-7360
 
Lorie Thompson
JLJ Insurance Services Inc.
Business Insurance
Phone: 859-263-3480
Website: www.jljinsurance.com
Cell Phone: 859-619-1420
Fax: 859-263-2954
 
Vicki Weesner
Weesner Properties, Inc.
Residential Real Estate
Phone: (859)514-6753
Website: www.weesner.com
Cell Phone: (859)621-4221
Fax: (859)219-1007

Mathew White
Peoples Exchange Bank
Commercial and Mortgage Banking
Phone: 859-269-0235
Cell Phone: 859-230-3444
Fax: 859-225-8193
Common Home Construction Loan Types
 
A construction loan is one of the very first steps in the home building or remodeling process.  This allows you to know the scope of the project you qualify for. But where do you start? You have probably applied for home loans in the past but will it be the same for a construction loan?  A construction loan is somewhat different than any mortgage  you may have applied for in the past, and depending upon your needs, thereare several types of loans available.
 
Once a loan is approved, the money is put into an account from which you will draw funds as needed to pay your suppliers and subcontractors.  While lenders you talk with might offer these loans with different features, there are basically 4 types of loans available.
 
THE 4 TYPES OF LOANS

1.  Construction to Permanent Loans - This loan takes you through construction and allows you to convert to your permanent home loan when your home is finished.  You would only close on the loan once which means you only pay closing costs one time.  With this type of loan, many lenders will give you rate protection.  What this means to you is if the interest rate goes up during construction, you will be locked in at the lower rate you committed to when you closed. If the interest rate has gone down by the time you complete your home, you would receive the lower rate when you convert to a permanent loan.  In addition, you would not make any payments during construction.
 
2.  Lot Loans - What if you find a great lot before you are ready to build your dream home?  No problem!  You can obtain a loan for the lot and purchase it in anticipation of building on it in the future.  The requirements from most lenders are that the lot is normal for that area.
 
3.  Bridge Loans - If you don't want to sell your current house before your new house is built, you can access the equity in your current house to use as a down payment on your Construction to Permanent loan.
 
4.  Remodeling Loans - If you are making major improvements to your primary residence, this second mortgage calculates the value of your home by adding the planned improvements to your home's current value.   With many lenders, you then receive immediate access to the funds at loan closing. 
 
 
Are You New To Our Newsletters?  
 
If you want to click on the link below to visit our UBuildIt Project Archives Website... we have an archive of projects of our local UBuildIt clients. They tell you about their experiences in building their "dream home." There are pictures before, during and after construction, square footages, build cost and lot cost numbers as well as other specifics on their home. Each newsletter also has a section on helpful building tips that you may be interested in.
 
Visit the archives today and take a look at 29 of our clients dream homes and remodels in the Central KY area. Please read and enjoy!
 
Want more?.... Feel free to visit our webpage at our website ubuildit.com for additional projects in the Central Kentucky area and a wealth of helpful building information! 
 
 
Issue: 30 Volume 1

"Wayne's World!"  



This issue of our newsletter went out about a week late. Sorry about that. Busy summer days along with my personal home "flood renovation" caught me behind the ball.
 
Many of you have worked with or knew our painting contractor, Geovany Morales. I would always introduce him as our "Italian Mexican" and he would give us that broad smile always present.
 
On a very sad note, Geovany was killed over the fourth of July weekend in a motorcycle accident outside of Lexington. He was 36 years old.
 
Our condolences go out to Geovanys relatives and friends over this tragic accident.
 
Sincerely,
 
Wayne Henning/Owner
 
UBuildIt Lexington South
Construction Management Associates, and
Roman Realty  
 
 
In This Issue
Networking Spotlight
Helpful Building Tips
Projects-In-Progress
 
Homeownership Brochure 
 
Want a nice brochure from the National Homebuilders Association that explains the current tax credits. Click on the homeowner brochure link above!

 
Want 10% OFF On Your Next Plan Purchase?
 
Go to The UBuildIt Eplans Website and use the promo code - UE10P09 at checkout
 
 
Want Some Great Remodeling Tips On What's Hot For Bathroom Remodeling in 2010?
 
 
 
How About Whats Hot in 2010 In Home Remodeling?
 
 
 
 
 

Order our FREE
 Information Kit - You CAN Build or Remodel Your  Own Home 
 
Info Kit
 
 
New Construction
 
 
  

   Learn More:   
  Visit UBuildIt.com 
 
 
                    
 
       
 
 
 
Andy and Carol Spears
 
 Corinth, Kentucky

 
 
"The Framing Begins As The House Takes Shape!"
 
"Andy and Carol and Simon From TM Construction!
 
"The Black Paper Is On And Ready For The Metal Roof!
 
"The Roof Steel Installation Begins!"
erma

 
"Andy And Carol Were Both Actively Involved During The Construction!"
 
"The Exterior Wood Soffits and Veneer Add To The Rustic Look!
 
"Note the Icynene Insulation From "Epiphany Foam" Our Preferred Partner!
 
"Good Insulated Ducting Keeps The HVAC Bills Down!"


 
Any and Carol By The New Fireplace!


 
"The Wood Beams And Ceilings Accent The Greatroom!"
 
 
 
"The Kitchen Is Almost Complete!"
 
 
 
"Ceramic Tile...LOOK AGAIN...It's Cut Stained Concrete!"
 
 
"Exterior Almost Complete!"
 
Projects-In-Progress  
 
What have some of our clients been doing lately? Take a look at these pictures and find out!
 
 
 
 
 
 
 
 
 
 
.  
 
Dr. John and Susan Greene's Got Their "Certificate Of Occupancy" Last Week!  Here Is The Beautiful Master Shower Tile Work! 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 
 John and Cynthia Bates New Home in Harrodsburg, KY Is Ready For Drywall! 
 
 
 
 
 
 
 
 
 
 
 
 
 
The New Meets The Old! Helen and Jen Rose Have The Drywall Complete On The New Addition and Will Start The Renovation On The Old Exisiting House Soon!
 
 
 
  David and Jody Horn's Winchester Home Has Some Great New Built-ins!
 
 
   
 
 
 
 
 
 
 
 
 
The Exterior of David and Jody Horns Is Almost Finished!
 
 
 
 
 
 
 
 
 
 
 
 
 
Waynes Basement Renovation... Concrete And Stone Exterior Gate Column Settled 1.5 Foot During Recent Flood.  Dwyer Concrete Lifting Jacks Up The Column From Bedrock 100 Foot Below and Repositions!
Don't Delay 
Call Today! 
 UBuildIt Lexington South
1031 Wellington Way Ste 110
Lexington KY 40513
 
Off:859-223-5300
Wayne's Cell:859-338-0191
Don's Cell:859-312-3605