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Wednesday, April 10, 2013

10 Steps to Own your House! (Step 3 & 4)

Now that you have 1) Raised the funds and 2) Procured the land for construction, let us proceed to the next two steps in getting closer to the Realization of your Dream home.

STEP 3 - Preparing the Design

Once you have found an appropriate site, you will need to consider what type of house you wish to build. Talk to the Engineering Division of your Local Governing Body about site restrictions, look at neighbouring properties, use Home and Interior Design magazines for inspiration; because getting inspiration is important to maintain the enthusiasm of construction.

Ultimately, you will need to employ an architect or home designer to come up with a workable design - that is also tailored to your budget.
An alternative to an individual designer is the package supplier who offers project management services all the way upto offering a full 'turnkey' service - i.e. you sign off the whole project to the company that designs and executes the project. All you have to do is to turn up to move in after the construction period.

This service, although is more expensive, will relieve you of the nitty-gritty of construction. But, be sure to verify that the Company is reputed and will be using quality materials for construction. This can be assured by mentioning the specifications of materials including sizes and brand names, in the contract document.

STEP 4 - Appointing a Contractor

Hiring the Right Contractor is one of the most important things at the start of your House Construction. However good your design and technical consultants are, if the contractor turns out to be incompetent, it will lead you to great frustration and financial loss.

On the other hand, even if you don't have proper drawings or schedule made, a good contractor can build your home without a glitch. The only way to find the best suited contractor for your residence is reference. Find at least 3 home-owners who had previously employed the contractor's services, sit down with them for a talk and inspect the finished houses. If the contractor cannot give you good references, or if he says that the reference is not available, travelling abroad, or seriously ill, it could be risky to take your chances with him.

If you are employing a local builder or even doing the construction yourself - your next step would be to set up an account with the building material suppliers in your area. This will enable you to get 'trade' rates and ensure a steady flow of materials to your site. Make a list of materials, equipments and labour that you may need and contact the local suppliers and agencies for the best bargain.

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