Find Your Property
The hardest part about building your home may be choosing your building lot. With important topics ranging from price to zoning and taxes to being allowed to build a house on a particular lot, left to discuss, you may have a lot of homework ahead of you.
The traditional way to pay for the construction of your home is through a construction loan with a bank or credit union. You can have any number of modifications installed, or eliminated from the plan, to change the price your home will cost you. You need to have house plans drawn up to estimate the amount of the final product. Your money lender will always want to see the home plans before lending you any money.
Hiring Your Architect
From California to New York to Arkansas, home plans include foundation, framing, siding, plumbing, and electrical details and can range from as little as $600 to as much as several thousand. It is always best to screen at least three applicants before you hire any professional, and architects are no different. Then take these plans and prices to your lender, and see what they will offer you in terms of financing.
Having a custom home built is an enormous project. The building of your home is often dependent on issues that are outside of your control, such as weather conditions or availability of products needed. Getting irritated with people will simply not endear them to your cause, so follow the Gold Rule.
Having your own home built can be an exhausting, yet enriching endeavor. As with so many other things in life, you just have to keep pushing, and step by step, you will reach your goal and complete building your dream home. Not reaching your goal to complete your home construction will potentially cost you everything you have, so failure is not an option.
Of course, this is just a general outline. Spending your time learning about construction and improving on your own knowledge base will help you understand what is going on in each phase, and keep you in the know on your home construction.