Construction Loans

4 Different Categories of How People Pay for ADUs

In 2021, Respondents of a UC Berkeley survey of more than 800 homeowners were questioned about how they financed the cost of building ADU. Their responses were divided into four different categories: Liquid assets: Most homeowners use cash or other liquid assets for their ADU construction. Homeowners who lack sufficient liquid assets to cover the cost of building an ADU need other sources of funds....

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