Preparation

Before You Build Your New Home: 5 Preparation Steps

The process of building a new home long before the foundation is poured. The construction process is most efficient and exciting if you first develop a good plan and find an honest, competent builder. To avoid costly mistakes during the construction process, start with these five important steps. As you move from dream house to real house, be sure to ask questions and share your progress with people who have gone through the process.

Plan Your Budget

Begin considering the budget from the very moment you start thinking about building your house. Develop a realistic idea of how much you can afford to spend and how much it will cost to build a new home. The budgeting phase is really about balancing your wants with a realistic assessment of what you can afford.

Chances are you will need a construction loan and a mortgage. It’s not too early to find

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