Wednesday, April 15, 2015

Get Your Own Custom Home Built Today

Buying a home is a fulfilling experience that puts you one step closer towards attaining the American Dream. If you’re like most people, you already have an idea of the kind of home you wish to own, thanks to many years of dreaming about it. So what if the homes on the market do not quite exactly fit the home you had in mind all along? What if you have found the existing homes to be boring and unimaginative? The solution is simple: build your own custom home. Building a custom home allows you to include anything you want, and eventually own a home that meets all your specifications and fantasies. The process of getting a custom home is one that should be approached carefully, as it is an investment that not only requires your time but your money as well.

The first thing that you need to do if you are in the process of getting a custom home is to organize your financing. A lot of people assume that building a custom home is more expensive than buying an existing one. This is not necessarily true, as you could always build a smaller custom home. What makes the process of building a custom home expensive is that sourcing for materials on an individual basis is more expensive than doing so in bulk.

In order to finance a custom home, you will require a construction loan. Lenders consider construction of custom homes risky, and are not too eager to offer construction loans. You will therefore need excellent credit to convince your lender to give you a construction loan. On top of this a down payment of at least 20 percent to 25 percent is required.

On top of the funds, you will require to look into getting relevant insurance during the construction period.

The next thing you need to do is interview potential architects and builders. Some homeowners opt to work with architects first before moving on to the builders, while others will first consult with the builders. Some firms will also do the design and construction work in entirety. You must do your homework and get only the best in the field.

It is important to have a land and plan that match, so that you do not start the construction work only to realize later that the land cannot accommodate the home you have in mind. It is necessary to have your builder tour the site to discuss pre-construction measures that will be required before the construction takes place.

You should consider the neighborhood you build your home keenly, as this will impact the resale value of your home should you decide to sell it later. Ensure your home stays in the same range as the other homes in the neighborhood, in matters of price range and general size. Should you decide to sell your home later on, you will not have to worry about your home being oversized or overpriced.


Your dream of owning a custom home need not remain a dream. With adequate preparation and determination, this dream can be turned into a reality.

Posted by: Bruce Johnson Residential Construction http://bjrcinc.com/

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