Sunday Morning Tip for Nov 17: 5 Timelines to Consider When Building a Brand New Home

<span>Sunday Morning Tip for Nov 17:</span> 5 Timelines to Consider When Building a Brand New Home
  • Opening Intro -

    Building a new home can be one of the most exciting things that you do in your life.

    Being able to design your residence to reflect exactly what you and your family want the most is something that many can only dream of.

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At the same time, you might find that the building process requires a great deal of your time and energy. In order to effectively manage this, you will want to make sure that you keep some timelines in mind as you begin to build your new home. This will help you end up with the house that you have been dreaming of for all these years while realistically setting expectations.

Make sure you ask your builders and real estate agents what the realistic timeframe is for every step and inspection. These are a few of the bigger milestones in your lot-to-home journey.

Get the Necessary Permits

Before you begin any building project, you will need to find out what permits are needed. You do not want to get started on a part of the house only to later discover that the plans are rejected by the governing agency. Get the permits in line before you even break ground.

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Plan the Design

This is the fun part. You will want to plan out the design of the home to reflect everything that you want. Make sure you plan your budget as well. As soon as you have the design in mind, it is best to hire a professional architect to get it in a form that the builders can make use of.

Prepare the Lot

You will need to plan for the lot to be prepared. Builders cannot simply start erecting the structure. You will need to hire earthmoving equipment in order to get the ground situated and ready for your house. You are going to need to do this before construction can begin and foundations can be worked on.

You should take into account that if there are problems with the lot it may add more time to fix clay in the soil or any other issues that may have not been uncovered.

Hire Construction Contractors

Once you are ready for the building to commence, it is important to hire construction contractors. Be sure to plan this into your timeline, as it might take some time for the people you want to become available. You want to hire the best available in your area.

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Schedule Necessary Inspections

At various points during the building process, you will need to inspectors sign off on the work. They are busy people as well. You will need to schedule this in so that you do not hold up subsequent parts of the project.

You will need inspections in the home, but will also need to have an appraisal. When you schedule an appraisal there can be unforeseen time extensions that come up. The wait time depends on how busy of a metropolitan area you live in. If your home does not have other homes nearby with the same specs it may take longer to get an appraisal for the price that is accurate for the lenders.

These are five important things that you must deal with as you build a new home. You will want to schedule each of them so that the process is not delayed needlessly at various points along the way. You will want to get these items properly dealt with in order that you can move along in the process of having your home built in a timely manner.

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