Webinar: Paying for Your ADU - Learn from the Experts
Author: Renée J. Schomp, Director
Join us here to catch a recording of our webinar, Webinar: Paying for Your ADU in the Current Economy - Learn from the Experts! We were joined by four panelists for the webinar:
Scott Johnson, ADU Expert for Napa Sonoma ADU Center and Founder, Pocket Housing, LLC
Lindsay Moon, Searchlight Lending
Elizabeth Giron, Searchlight Lending
Charles Edington, RenoFi
Their contact information can be found on our Vendor Registry by clicking here.
We covered their financial expertise on how to reasonably pay for your ADU, including answers questions such as:
What's the Return on Investment (ROI) for an ADU with current interest rates what they are (in December 2022)?
What are the financial pros and cons of building an ADU right now?
What loans and grants can you get to pay for an ADU?
What’s the status of the CalHFA ADU predevelopment grant from the State of California?
Is it safe to take out a second mortgage on your house to pay for an ADU?
What are different types of products you can use to pay for your ADU and what are the benefits and negatives of each?
What does it mean to “leverage” debt to pay for an ADU and does that increase your monthly expenses?
Is it easier to get financing for a Junior ADU or an ADU?
And more!
Here is a link to the slide presentation used for the webinar.
Join us for future ADU webinars by registering for upcoming opportunities on our Webinars page on our website!
The content in our ADU webinars is simply information, and is not legal or customized advice regarding your specific ADU project. Keep in mind that local ADU rules change over time, and every homeowner’s ADU project and parcel is unique so always make sure to consult directly with your local city or county before diving into your ADU project.
If you’d like a 1:1 ADU Feasibility Consultation with our ADU Expert, you can sign up for one right here to get your project kickstarted today!