How Allowances Affect The Quality & Price of Your Custom Home
As you begin the custom home building process, you will no doubt begin to understand the significance of specifications and allowances. In our book and a previous blog, we discussed…
The Estimating, Specifications and Allowances (ESA) process is the most critical and complex area of the home building process, for client expectations, satisfaction, and ultimate home building experience. This is…
When you begin the process of building a custom home, the excitement is palpable! However, it’s important to note that there are a number of outside factors that influence the…
What is the Cost Per Square Foot for Custom Homes?
Many people ask the question, “What is the cost per square foot (CPSF) to build a custom home?” While this question may be relatively easy to answer when building a…
Should You Build with a Fixed Price or Cost Plus Contract?
When you choose to build your home, the first question you may ask is, "How much will it cost to build my home?" The second question may be whether you…
Once you decide to build a custom luxury home, the adrenaline, emotions, and excitement may drive you to the nearest builder or architect’s office to start designing your dream home. …
Your builder is your guide for construction and your lender should be your guide for financing. No matter how beautiful the home, no one enjoys living in a home that…
If you are considering building a custom home, you’ll want to educate yourself on the options for financing the home of your dreams. Unlike a traditional real estate purchase, a…
If you are considering building a custom home, you’ll want to understand the financing options you have for construction loans. Some homeowners have cash for a portion of the project…
Types of Loans Generally speaking, there are three types of home construction loans that are commonly used in custom home building. These construction loans are different than a typical mortgage,…