The Real Estate Encyclopedia
What Do I Need to Look Out For During the Construction?
Category - Home Ownership Questions - Building Your Home FAQ's
Once you have carefully selected an excellent builder, your first priority is to create a very realistic budget and then stick to it. Horror stories have to do with individuals seriously exceeding their budget and finding themselves in financial difficulties. You must be sure that you fully understand every item priced in the builder’s proposal. Any changes you make to the plans, once construction has started, will drive the price up. This includes adding space (which alters the roof design) upgrading appliances or fixtures, etc.

It is critical that you know exactly what your constructions funds cover, before beginning to build your dream home. This way, you will avoid converting your dream into a nightmare.

You and your spouse must also be in complete agreement on every detail of the plans. Building a home is a stressful process and can lead to marital difficulties. Anticipating the challenges involved will set realistic expectations for you and your spouse.
 
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Home Ownership Questions - Building Your Home FAQ's
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