Sunday, 20 November 2011

New Construction Building Your Dream House

When you’re considering building a new house, you need to be sure that the construction plan is not only sound, but that you’re getting a very good deal. Building a new home can easily be turned into a remarkable deal, with a high investment potential besides. You want to be sure that the new construction is done well, and that if you decide to eventually sell your newly constructed home, you’ll get the most out of your initial investment as soon as possible. There are various home construction companies that offer very competitive pricing. I recommend that you check with each individual company and discuss their overall time-table for completing the project. You will definitely want time-lines, but be wary of companies that give you an unrealistic time frame (like under a few months) for completing your new home. There are almost always set backs when building a home which is why it is wise to consider carefully before deciding which home builder to work with. Ask for references and look at the properties that they have built in the past. It’s important that you find out exactly how long the company has been offering residential construction and then ask to see some of their earliest properties. This gives you a general idea about how well their construction will hold up over time, especially when you compare more than two companies. Be willing to make compromises on your new home construction if necessary, especially if money is a factor. Sometimes even really great design ideas are not very practical to fit into a realistic construction plan. If the contractor feels that a part of the home’s design is going to cause instability, or is likely to become unstable during a storm under the weight of snow then you have two choices. You can either make the compromise, and take your chances, or you can listen to another builder and consider his opinion. However, if you find more than one builder who is not convinced the design plan is going to be stable, how comfortable are you going to be with every weather event that blows it’s way through? Choosing a Realtor with prior new home construction expertise will be invaluable as you begin the home building process. This individual should be able to help you with the multitude of decisions you’ll make when beginning the process. Plus, they can give you guidance about choosing a mortgage professional who deals with home construction loans. Home construction loans are structured differently from traditional home loans. Your licensed Realtor can help make the entire process smoother so your dream home can finally become a reality.

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