Building your dream home can be very exciting. You can design the whole house to look exactly the way that you want it to, from the colors of the walls to the fixtures in the kitchen. However, it isn’t that easy. There are many things that you need to do and think about when you decide to build a home.
If you’re interested in reading more blogs abut building your own home, check out our blogs Buying Vs. Building: Which Option Is Best For You? And What People Wish They Knew Before Building a Home.
Find the right land/community.
One of the most important parts of building a home is finding the right land or community to build in. You may want a few acres in the country, though you may also want to live in a neighborhood. You may want the extra amenities that come with a certain community, such as a park for young children or a pool or gym for the members in the community.
Find a contractor.
The builder that you choose is also important. You should interview several contractors and get an estimate for the cost. You shouldn’t necessarily choose the cheapest. You need to choose someone that you trust.
Get the proper permits.
Most of the time, your contractor will take care of all of the permits for you. If not, he or she should be able to help you to make sure that you have everything you need, before you get started.
Designing the perfect home.
This is most people’s favorite step. You get to choose the type of home that you want. Ranchers and two-story homes are some of the most common, though you may also want to look at a cape cod. It often helps to go through a few homes to see what type of home you want to build.
Then, you can choose the layout. How many bedrooms do you want or need? If you have children, do you want each of them to have their own room? If you don’t have children, are you planning on it? Do you need a home office? Do you enjoy open layouts or do you prefer a separate dining room?
Don’t rush through this step. Talk to your contractor to make sure that the layout is going to work for you and your family. Listen to his or her concerns. Your contractor will be able to help you design your dream home.
Be prepared for anything.
Though everyone expects the whole process to go smoothly, the truth is that things can go wrong. The weather may be bad for a few weeks, holding everything up. Certain materials that you need may be on backorder. These things can hold up the whole process, so you should give yourself a few extra weeks so you don’t panic if something slows everything down.
Are you planning on building a custom home this year? OneTrust Home Loans offers a variety Construction Loan options, click here if you would like to discuss which options may be right for you with one of our loan officers.