Saturday 11 June 2011

Ponder Purchasing Land Or Building A New House For Fun

By Jasper Brinks


The dream for many people is purchasing a house of their own. Most individuals, families, and couples live in apartments or flats across the globe. Therefore, the concept of owning a custom built dream house is still something of an enigma. That is why buying land or building a new home ranks the highest among things that people desire in their lives.

Custom building or purchasing acreage is not always a straight forward deal. Most people do not understand the legal requirements that go along with such a purchase. The only thing that will remain constant is the need to hire a professional to assist with the legal transaction and property search.

When considering a purchase of acreage, there are several things that should be considered. First, if looking at property in a different country than the current residence, it is imperative that a professional from that country serve as a guide. Without first hand knowledge of the customs and requirements, an individual can find themselves in an uncomfortable situation.

Next, the location of the property is important. While it may seem that the slogan of location, location, location, is a bit ridiculous, it is indeed valid. When looking at the value of property, one in a good location will be worth more and sell faster. Consider that a person is more likely to want a lot with a mountain view, than one with the view of the neighbors.

Next, have in mind the type of property desired. It is much easier for the Realtor to sift through unwanted items, than to guess at what is required. Rather, save time and effort by providing the Realtor with exactly what is being considered.

Some people prefer to have a custom house built for them. This is a wonderful opportunity, however there are some guidelines that should be followed. If land is already owned, then it must be decided what type of house should be built. If, however, the land has not been purchased yet, the attention must be given to that task.

Next, a builder or architect must be consulted. There are many custom builders available. Rather than picking one out of the phone book, it pays to get references from people who liked their builder. It makes a difference whether or not the builder is reputable, for the homeowner and builder work closely together throughout the project.

Once a builder has been selected, the next step is to have him design a plan for approval. A professional builder should have a background of building within the area, and should be knowledgeable about local code requirements. After the plans are approved, the construction can begin.

Always monitor the progress personally, if possible. Being available at the work site can insure that construction stays on task. Most builders try to complete a custom house within four to five months if weather permits. Obviously the size and location will impact the final move-in date. Once completed most owners will say that it was absolutely worth buying land or building a new home. Consider taking the leap. It will surely be an adventure.




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