The idea of hiring a team of custom home contractors to make your dream come true is an exciting one to think about. When dealing with custom homes as projects, though, customers need to take into account a lot of factors. Pay attention to the four tips to make sure the process will be as rewarding as possible.
Understand the Investment from Your End
Customization means you're supposed to get what you want. However, you can't just leave your blueprints with your custom home contractors and just expect them to make your idea a reality. They're going to need your approval for different stages of the effort, and all potential revisions will have to get your signature, too. In other words, understand that the time investment expected of you will be like picking up a part-time job.
Line the Financing Up Early
Getting money in place is essential for these kinds of efforts. Make sure you talk with your bank and get a clear idea of how much money you'll have access to and when it'll be available. It's also wise to confirm that you'll have about 20% slack on your budget to take advantage of opportunities or to deal with contingencies. You don't want to be staring at an engineering problem with the foundation, for example, and not know where the money to address it is going to come from. If you come in under budget, use the money to pay back the loan or to buy some nice decor.
See the Contractor's Previous Work
While you might get lucky and have them make a masterpiece of an idea they've never executed before, it's best to see some evidence that a contractor's previous work matches your vision. Visit a few of the homes they've built and talk with the owners. Learn how the process worked for them, and try to understand where you'll fit into it. You may also want to bring in an architect, a designer, and even an engineer. These folks can help you keep a job on track.
Benchmarks and Tranches
When you sit down to write the contract, there should be two priorities. Benchmarks need to be set to keep the project moving along, although they should be flexible enough to handle delays caused by weather, market forces, and bad timing. Contact local custom home contractors to learn more about this aspect of the project.Share
13 January 2020
When I bought my first home, I was terribly inexperienced when it came to maintaining it. It seemed as if something was always broken. After spending a weekend battling with my oven, I decided that I enough was enough. I started reading everything I could about things related to the home. By the end of my research, I still could not fix my plumbing, but I could look knowledgeable as the plumber explained what was wrong. In an effort to help others avoid the tedious task of reading book after book about plumbing and appliance repairs, I started this blog. Hopefully, this information will save someone from a weekend spent wrestling with their own appliances.