Home Construction Suggestions:

Home construction suggestions:

Years ago I was helping writing a book on home construction. It was a college project. I found one of my taped interviews of my cousin a home builder by the name Jerry Eaves. He builds homes as a business. I will be doing a variant of that book by myself in the future. Until then, here ae some of my notes

Are you financially ready to buy a home? If not then need to talk to the find out how loan officer.
Warn customers of environmental conditions prior to building a home such as high groundwater. If you have ground water deeper than 6 feet you can usually build a basement
Types of mortgages loans: fixed rate = same interest thorug0ut term. Adjustable rate= low interest in the beginning that can increase. There used to be no caps. Now there is. If be in a home for short term then adjustment rate is good as a starting point.
Graduated payment not much used much now.
FHA insurance loans are used for high loan value =
Response time on paperwork: VA = can borrow 100% of loan. Can get a “yes he will qualify” but work will need to be done. Response time for initial approval is about two weeks. FHA = can often be processed in a week. Conventional load /preapproved loan= 24 hours. Then you need to verify each of the things they said. Usually advise 3 weeks. There are two types of preapproved loan: Long term financing and construction financing. A buyer comes to the home builder. I’m preapproved. So the builder goes to the bank to get money to build the house. It takes about five months to build the home. Home builder pays off the construction loan. If the homeowner gets construction loan they can get points for it.
Building lot selection will influence the type of house. Like to face south to have sun melt the snow.
Check surrounding homes for settling and history such as flood zone etc.
When you put water in cement, this is the point the cracks occur. That is why people put expansions cuts into poured cement to permit expansion. Rebar in the house cures more slowly and helps prevent cracking.
Ranch floor plan means no stairs.
Signs of quality constructing of a home: begins at the foundation. Make sure both read the same. Put some responsibility on the homeowner. This builder will buy two levels and make sure they match. One is used by the builder; the second is used by the homeowner. Have the homeowner use their level to also check ceilings etc. besides just the builder. That way nothing is missed prior to the drywall. Get them as involved as they can.
Quality begins at the footings. 3 rebar instead of two. And city inspectors make sure things are in code.
Everything you need to have done needs to be written. If it’s not written down it won’t get done.
For everything that is done, there is a charge, nothing is free. If people pay for something it is respected more. Time and materials cost.