Housing

Down payments

Down payment is the money paid on the home at time of purchase

typically 10-20% of the purchase price of the home

Mortgage

 A mortgage contract outlines the terms of a loan between lender and borrower

Headers

Supports the load above a door or window opening. The header is supported by a trimmer stud

Resale values of homes

• Location 

• Design

• Taxes and assessments

• Improvements (keep in same line as neighborhood)

Hiring contractors

1. Ask important questions 

2. Find out if performance bonds are required in the field: a sum of money a contractor puta up to provide insurance that a job will be completed

3. Check references

4. Check bids and contracts 

Building codes

 a set of rules that specify the standards for construction objects such as

buildings and non-building structures

Golden refRectangle/ratio

The ratio of the long side to the short side will reflect the golden section. (1, 1.618)

Contingency fee

An additional percentage of the total cost of the project. Often 20% is used

Costs of renting a home

• Monthly rent 

• Security deposit 

• Utilities - electricity, water, garbage, etc. 

• Renters insurance

Floor framing

The first piece of the floor frame attached to the foundation wall is the sill plate. The floor frame is built on top of the sill plate

Earth-sheltered home basics:

Usually built into the side of a hill so that only the south wall is exposed. South wall has large windows to let sunlight in.

Evaluating a floor plan:

Includes information about the size and location of walls, doros, windows, stairs, closets, fireplaces, cabinets, and major appliances. There are specialized floor plans

Factors to Consider of 

Lighting:

What mood you want

Factors to Consider of 

Furniture:

Think about what styles might best contribute to the design theme. Focus on how it will fit into the space available. 

Factors to Consider of 

Accessories

What means a lot to you. Maybe something you need.

Frost line

The debt to which frost penetrates soil in that climate

Alternative energy sources

Hydroelectric power, nuclear power. Solar power, geothermal energy, and wind power