Summary Building

"It's unwise to pay too much, but is worse to pay too little. When you pay too much, you lose a little - that is all. When you pay too little, you sometimes lose everything, because the thing you bought was incapable of doing the thing it was bought to do. The common law of business balance prohibits paying a little and getting a lot - it can't be done!

If you deal with the lowest bidder, it is well to add something for the risk you run. And if you do that, you will have enough to pay for something better."

John Ruskin (1819-1900) – English art critic and writer...


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  • SUMMARY HOME BUILDING INFORMATION
  • SUMMARY HOME BUILDING INFORMATION
  • Search House Plans Your first step in home construction project is searching house plans for home
  • HOME BUILDING STEPS

  • Building ideas. View designs to decide on home style, home type, floor layout, room dimensions, and other design specs you would like to see.
  • STEP 1: Analyze the Numbers
    Understand what is needed: Can you afford building your home? Can you qualify for construction financing? These questions are reviewed in this step.
  • STEP 2: Where to Start Your Home Building
    Where to start: use this step to define your family objectives, find your lot and
    location, view home styles, and review house plans.
  • Construction Specifications

  • STEP 3: Design the Construction Specification Plan
    Define your home specifications: list the size and type of rooms, the general floor
    layout, the plumbing needs, flooring requirements, landscaping plan, etc.
  • The Specification Plan defines the design and product specifications for your home
    construction.
  • STEP 4: Arrange for Home Construction Financing
    Paying construction has two parts: 1) home building line: used to pay supplies
    and contractor costs; 2) residential mortgage: used to payoff the construction line.
  • It will list the size and type of rooms, the general layout of each floor, the plumbing
    needs throughout the house, flooring requirements for each room, type of doors
    and windows, electrical plan, type of HVAC, landscaping layout, etc.
  • STEP 5: Qualifying for a Mortgage Loan
    Lenders use several criteria to qualify a home buyer for a mortgage loan:
    1) home appraisal; 2) credit rating; 3) income/debt ratios; and 4) employment.
  • Two Types of Home Builders
  • STEP 6: Managing Your Home Construction
    Types of management: 1) home owner/builder management; 2) change management;
    3) problem resolution management; and 4) cost management.
  • 1) Custom Home Construction
    where the construction is based on a custom design and individually built for the
    home owner
  • STEP 7: Home Closing and Settlement
    What’s needed to close: summary guide on home inspection, closing, closing cost
    estimates, going to settlement, taking possession, and buyer rights.
  • 2) Production Home Construction
    where the construction is based on 3-4 different "production" designs. The owner
    will select one of the design with minimal modifications.
  • HOME CONSTRUCTION SPECIFICATIONS

  • Find the right home builder:
    Manage Your Home Construction Project
  • SPEC PLANNING A: Home Style and Plan
    First, download our construction specification sheet as a guide. Use it to define
    your home style, identify the number of rooms, arrange your rooms by adjacencies,
    and define the room size dimensions.
  • Project management types:
  • SPEC PLANNING B: Lot Excavation
    View the physical features of the lot. Note any rocks, trees, water-fronts, or other
    desirable or undesirable views. Note any extra requirements. Check the drainage.
  • 1) building management
  • SPEC PLANNING C: Home Foundation
    The foundation is the most critical part of your home construction. Types of
    foundations: slab foundation; crawlspace foundation, and basement foundation.
  • 2) owner management
  • SPEC PLANNING D: House Framing
    Framing is where your house begins to take shape. You want to inspect the work
    often to make sure the framing is going as planned. View wood vs. steel framing.
  • 3) change management
  • SPEC PLANNING E: Roofing
    Identify type of roof and rain removal systems. Roofing materials come in asphalt
    and fiberglass shingles, cedar shakes, tile, slate and more expensive materials.
  • 4) problem resolution management
  • SPEC PLANNING F: Doors and Windows
    Identify the type of doors and windows by room. Windows and exterior doors
    should be installed as soon as the frame is completed to prevent damage.
  • 5) cost management
  • SPEC PLANNING G: Plumbing
    Identify any special plumbing needs by room: utility sink in garage; wet bar in
    recreation room; plumbing for unfinished basement, etc. There are many new
    plumbing materials that can reduce your cost. See site for information.
  • 6) financial management
  • Note: Here is the bottom line when choosing a Contractor. Make sure you have a war a fuzzy feel with him, don't let price dictate how you choose. If the price sounds to good to be true, don't be fooled, because it most likely is. Make sure you feel that you can work with the contractor and that he listens to your needs, not his.
  • PRE-SETTLEMENT WALK THROUGH CHECK LIST

Grading

  • Does the ground around the foundation slope away from the house?
  • Make sure the water does not pond in swales. To check, water the areas with a hose, if possible.
  • Are there signs of erosion?
  • Is the shrubbery placed at least 2-3 feet from the foundation?
  • If the house has a basement, are the basement window wells clean and graveled?

 

Exterior Appearance
  • Are the windows and doors sealed and protected by weatherstripping?
  • Are the trim and fittings tight? Are there any cracks?
  • Does the paint cover the surface and trim smoothly?
  • Has landscaping been installed according to the terms of your contract?

 

Roof and Gutters

  • Are the shingles flat and tight?
  • Is the flashing securely in place?
  • Do the gutters, downspouts and splash blocks direct water away from the house?

 

Doors and Windows
  • Are all doors and windows sealed?
  • Do they open and close easily?
  • Is the glass properly in place? Is any loose or cracked?

 

Finishes
  • Is the painting satisfactory in all rooms, closets and stairways?
  • Did the painters miss any spots?
  • Are the trim and molding in place?

 

Floors
  • Is the carpet tight? Do the seams match?
  • Are there any ridges or seam gaps in vinyl tile or linoleum?
  • Are wooden floors properly finished?

 

Appliances, Fixtures, Surfaces, Etc.
  • Do all of the appliances operate properly?
  • Are all of the appliances the model and color you ordered?
  • Check all faucets and plumbing fixtures, including toilets and showers, to make sure they operate properly.
  • Check all electrical fixtures and outlets. Bring a hair dryer to test the outlets.
  • Do the heating, cooling and water heating units operate properly? Test them to make sure.
  • If the home has a fireplace, do the draft and damper work?
  • Are there any nicks, scratches, cracks or burns on any surfaces, including cabinets and countertops?
  • Test the doorbell. Also test the intercom system, garage door opener and any other optional items.

 

Basement and Attic
  • Are there indications of dampness or leaks?
  • Is there significant cracking in the floors or foundation walls?
  • Are there any obvious defects in exposed components, such as floor joists, I-beams, support columns, insulation, heating ducts, plumbing, electrical, etc.?

 

Certificate of Occupancy
  • Has your local municipality signed off on your house?

Some problems may not be readily apparent during the walk-through. Even a professional inspector might miss a few. Most warranties cover any such problems that are the result of faulty workmanship. However, warranties usually exclude problems that result from owner neglect or improper maintenance.

 

 

 

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Copyright © 1985 - 2008 Thomas Kelly- Heritage Construction & Management Co LLC
Last modified: January 10, 2008