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Building a home takes a team |
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There's one point on which most home builders agree, that the home buyer's attitude and behavior are key factors in whether the building process will run smoothly or become a nightmare for all concerned. Here are some tips for getting along well with the builder: |
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Hire a builder
Hire a qualified and reputable builder, work with him or her closely to assemble your home building team. Getting involved and making wise decisions will help make the home building experience rewarding. |
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Be realistic
Be as realistic as possible with your budget. A new custom-built home is unlike any other purchase you'll ever make. Price is important, but it probably shouldn't be the only driving force in choosing a builder. Don't attempt to construct more house than you can afford. Having a budget that is inadequate for a home on the drawing board is an invitation to disaster. It's wiser to cut back on the size, features or finishes for your new home than it is to stretch your financial resources beyond the comfort zone. |
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Get involved
Get motivated and involved. Regardless of the type of contract that exists between you and the builder, having a new home custom-built will require a substantial investment of your time and effort. Minimize other commitments, projects and obligations to the best extent possible so you can concentrate on your new home. |
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Communicate with the builder
Tell the builder what you think. If something is bothering you, talk about it with your builder. Don't let concerns, disappointments or gripes add up until you reach the boiling point. |
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Specify alterations
Control the urge to make alterations once the plans and specifications for your home are completed. Nothing causes builders, subcontractors, suppliers and even buyers more grief than last minute changes. A seemingly insignificant modification can cost a substantial amount of money and time. Small changes can sometimes ricochet through the home and later become major problems. |
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Focus on the goal
Planning, designing and building your new custom home can be one of the most rewarding and profitable experiences of your life or it can be stressful and frustrating. Educate and prepare yourself, cooperate with the builder and get involved. |
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Finance your home
At this point in the process, you should be ready to arrange the short-term construction financing and the long-term residential mortgage for your new home. |
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Obtain permits
Obtain all construction-related approvals and permits. Before construction can begin, you'll need official sign-offs from the local building department, utility services and the architectural control board or committee, if any, that has jurisdiction over your site. |
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Build your home
If your plan has been well-executed, construction of your home could be the easiest part of the process. |
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Completion
Closing and completion of all final work. After your home is built, the lender will fund your mortgage and the builder will make any repairs necessary under the home warranty program. |
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