Building Services

This overview can help you get an overall sense of the process of building a home.

1. Preliminary Design

Preliminary design plans are determined at this point. Ideas are exchanged and discussed with our clients. This includes:

• Home Style Selection:
  Single floor, multi-story, split-level, other. English Tudor, Contemporary, Southern Colonial, other
• House Plans:
  Is there is an existing plan that meets your design? Will you need an architect to tweak or customize a plan for you?
• Layout Configuration:
  Assemble the rooms you would like and sketch the layout

 

2. Find your Lot

Some home builders find and secure their lot prior to bidding their construction project. Often they use the lot as their down payment when seeking construction financing. Some home builders will look for a lot after they finalize their design. They have a better idea what lot will work best for their home design.

Either way, there are numerous issues you should consider when selecting your lot and we’ll help you learn about them. One important part of this is to appraise the value of your lot. And complete a neighborhood comparison before you buy. Feasability studies would be conducted.

We can either work with you if you have a lot already purchased or if you need some assistance in finding one that will fit your building requirements.

3. Define Your Home Construction Specifications

This task can be the most complicated since you need to detail everything about your construction. We’ll help with our step-by-step construction specification sheet.

4. Find Contractors / Negotiate Contract

We will take the specifications plan and complete three important tasks:

• Review it with our qualified, licensed professionals within their respective fields.
• We’ll take the architectural plan and and determine costs from all the associated prescreened building contractors.
• Design a comprehensive contract for the project that ensures your confidence.

 

5. Arrange Financing

Once you approve the building contract, we may now finalize home construction financing from a lender. The lender may approve the request for financing based on your specification plan, contractor bid, and qualifying ratios.

Home construction financing can be more complicated than buying an existing home. Besides the basic financing you need to plan for non-budgeted expenses such as cost overruns, missed deadlines, and construction upgrades.

There are two parts to construction financing:

• Construction line
• Residential mortgage

 

6. Starting the Project

Now for the some of the most difficult takes:

• Project management
• Change management
• Problem resolution management
• Cost management
• Financial management

LakeHouse Design Build will help to make this process as clear and straightforward as possible.

7. Close on Your Home Construction

As your construction comes to a close, you will need to payoff your construction line with a residential mortgage loan.

We’ll go over:

• Finding a residential mortgage loan:
• Closing and settlement

 

8. Decorate Your Home

We’ll help you understand:

• Interior: Design, Furniture, electronics, artwork, etc.
• Exterior: Landscaping

 

9. Learn as we build

As you can see there are many components to designing and building a home. We’ll help you learn as we go through the all the processes of design/build with the LakeHouse Design Build eHouse. Stay posted!

10. Moving In

We’ll have a checklist on the site that details important moving tasks and scheduling.