As you’re probably starting to realize, building a house can be pretty complex. It requires a team of experts who will work within a specific realm of guidelines following codes defined by engineers, state regulations, building codes, zoning regulations, land guidelines, water rights, etc.
Building a House Step-by-Step
Let’s take a look at the step-by-step process from the beginning to end:
Building a House Step-By-Step One: Find the right loan source for your new home. You may be required to obtain a construction loan.
Building a House Step-By-Step Two: Select a home builder or contractor and discuss the best floor plan for your lifestyle. The builder may have floor plans to select from. If a few modifications must be made to the floor plan, discuss those up front. Any changes to the loan must be discussed before the loan is closed.
Building a House Step-By-Step Three: Find the perfect location for your new home. Before signing off on the loan, discuss any land grants, building issues property deeds, restrictions, liens recorded, check county, city and state property records. Obtain a real estate attorney to check out everything is okay. I encourage each homeowner to have their own attorney.
Building a House Step-By-Step Four: Discuss property insurance with the insurance carrier of your choice. Prior to closing, you want to guarantee insurance will begin on your property as soon as the home is in your name.
Building a House Step-By-Step Five: Make sure you have selected all your interior and exterior colors. The home builder or contractor will usually discuss wall to floor colors with you. Shingle colors will also be discussed along with lighting, plumbing fixtures and all other design choices that need to be made. You will know every color before the home is complete. All appliances and even light bulbs will be discussed.
Building a House Step-By-Step Six: When all details have been discussed, all permits have been obtained, construction begins. At the time the ground is broken, your home is in the works. You still have time to make a few changes, but time is limited and change orders can change the original estimated price.
Building a House Step-By-Step Seven: Congratulations. Your home is ready to be occupied. Your walk through is scheduled a day before closing.
Remember this is basic information. I highly encourage you to download the free new home Steps Guide above on the right hand side and learn as much as you can about the overall home building process.
Building a House Step-By-Step Overview:
1. Find the right loan source for your new home.
2. Select a home builder and discuss the best floor plan for your lifestyle.
3. Seek out a good location for your new home.
4. Obtain property insurance .
5. Make selections for all design related items in your home.
6. Break ground and let construction begin.
7. Do a final walk through and move in.
8. Learn more about the home building process by downloading the free new home Steps Guide above on the right hand side and become savvy on the overall home building process.