With this kind of knowledge, buyers will know how to estimate closing costs when negotiating the purchase price. Here is a listing of common closing costs: Loan Origination Fee â percentage of the loan amount charged by the lender for processing the transaction. Credit Fee â This is a fixed cost fee charged by the lender for running credit reports.
Timber framing is a style of construction which uses heavier framing elements than modern stick framing, which uses dimensional lumber. The timbers originally were tree boles squared with a broadaxe or adze and joined together with joinery without nails. Modern timber framing has been growing in popularity in the United States since the 1970s.
Lumber or timber is a type of wood that has been processed into beams and planks, a stage in the process of wood production. Lumber is mainly used for structural purposes but has many other uses as well. There are two main types of lumber. It may be supplied either rough-sawn, or surfaced on one or more of its faces. Besides pulpwood, rough lumber is the raw material for furniture-making and other items requiring additional cutting and shaping. It is available in many species, usually hardwoods;