Thursday, October 13, 2011

Key Steps to Build Your Dream House | lowes home improvement

Key Steps to Build Your Dream House

So you want to build a new home! You can join the multitudes of those that already have built their dream house and now enjoy living in it. Your dream is not beyond reach. Here are 5 steps that now stand between you and a completed dream house for you and your family. Follow them and you will be able to see your dream home become a reality.

1. Plan how much money you are going to need for the project.

First, you need to set a budget and then stick with it if at all possible. You do not want too many surprising costs, so this is very important. You may want to include some kind of cost guarantees in your contract.

2. Find the property where you are going to build your dream house.

This will give you a piece of real estate to put your dream house on. A lender will also require it before you get any money for a construction loan. Find out if you can get a guarantee from the lender to have your construction loan converted to a mortgage later. This could save you a lot of money in closing costs later on.

3. Get a set of house plans drawn.

Sit down and sketch an idea of what the house plan is going to look like. Also write down some features you want to go into your dream house. Here is where you have a choice. You can either contact an architectural drafter, a home designer, or, you can even learn to draw your own house plans, which is by far the least expensive way to go.

4. Put your floor plans out for bids.

Once your house plans are completed, place an ad in a local newspaper or call different builders in your area to get a copy of your blueprints so that they can place bids on your new home. You will want to get at least three bids before you choose one, and be sure to check on the reputation of the builder, too, before you sign any agreements.

5. Get everything put in a contract.

If you make changes during construction, which is common, make sure there is one set of plans that is to be used as the master plan and that both you and the builder should note and initial each and every one of those changes. That way, at the end of the job, there should not be any surprises or hidden costs.

These 5 steps will definitely help you to get started in the right direction on getting your new dream home built. Take your time and do it right, and your custom dream home will give you joy for many years to come.

Source: http://patrickdorian.com/key-steps-to-build-your-dream-house.html

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