When To Hire A Custom Home Builder

custom home builderThe best time to hire a custom home builder is during the early phase of the design process so that they can assist you in monitoring and controlling the cost of the material. Discuss if the custom home builder wants to be paid up front and his preferred payment method. You should also trust your builder to obtain multiple bids from subcontractors as well as suppliers instead of bidding the project to different builders. A custom home will require you to work to a budget so that you can get the full value of it. Custom homes are unique and that means it will be a good idea to have a builder and designer work together on the project so they can both make full use of each other’s experience and knowledge.

Finding A Custom Home Builder

In case you have already hired an expert designer, he or she can help you search for the best custom home builder. Your designer will most likely have existing relationships with builders as well as first hand experience with their communication skills, business practices, and construction quality. Your other resources include local lenders, reputable realtors, Internet searches, as well as your local chapter of the National Association of Home Builders.

Read More

What You Need To Know Before Having A Custom Home Built

Myrtle Beach custom homeHaving a custom home built is a dream come true for many. However, if it lacks proper planning and research, it can easily become any homeowner’s worst nightmare. With nearly limitless options to choose from, it is very easy to see your budget get out of hand.

Dawol Homes have helped several clients in building their dream custom home and in creating a strategic budgeting plan to make sure they are prepared throughout the construction process. Provided below are a few key guidelines that can help make sure that you do not wind up in over your head.

Who Builds Your Home Matters

Having a custom home constructed is a significant financial and emotional investment. Therefore, it is important to choose a custom home builder that you can trust. Do not just agree to work with the first charming person that you come across with. Choose an honest and transparent builder because he can help you save money. In case you cannot start candid conversations from the beginning about the markups, budget, or subcontractors then you may just have to continue looking for a better fit.

Set A Budget, Know The Scope Of The Work

The more detailed the budget and the plan, the easier it will be for you and your custom home builder to prevent any unexpected expenses. Set an allowance for fixtures. Choose where to purchase the materials and determine the expenses that are not included in the scope of the contract. These are crucial points to talk about because they can significantly change the bottom line for the construction of your home.

Read More

The Essentials Of Home Construction Loans

Myrtle Beach custom homeHaving your dream home built is an exciting experience but your enthusiasm can be tempered easily with the unfamiliarity and intricacy of mortgage loans for a new home construction. Understand the fundamentals of home construction loans and be prepared when the time comes that you have to decide if you want to build your custom home.

2 Types Of Home Construction Loans

Home construction loans are available in two types:

Construction-To-Permanent – You borrow cash to cover the construction costs. Once you move in, the lender will change the loan balance into a permanent mortgage, making it two loans in one.

Stand-Alone-Construction – the first loan you will get is going to be for the construction costs. Once you move in, you will obtain a mortgage to pay for your construction debt. Unlike the first type, this is two different loans.

Construction-To-Permanent Loans

You will have lesser fees to pay because you just have a single closing with a construction-to-permanent loan. In the construction period, you will only focus on the outstanding balance. The interest rate is changing during the construction phase, which means it could move up or down based on the prime rate. In case the Federal Reserve decreases or increases short term interest rates while your house is being constructed, you can expect your interest rate to change.

Read More

The Pros and Cons of Buying A Spec Home

spec homeWhile several people prefer buying a house that someone else has lived in, there are others who do not favor the idea and would like to buy something new. There are several advantages to purchasing a newly built home after all. It needs to be efficient, in good condition, clean, although this does not always happen. Whenever we talk about new build homes, you have two options. The first one is the custom home that has been specifically designed for you, with all the details you want. The second option is referred to as the spec home, which has advantages and disadvantages.

What is a spec home?

Knowing what a Myrtle Beach spec home is important. It comes by different names depending on where you are located. Sometimes it is called a move in ready home, featured home, immediate delivery home, and inventory home. A spec home is a house that was designed and constructed by a builder without any buyer in mind. The builder took the chance that he will manage to sell the house once it is near completion or it is completed. It would seem that the builder is taking a chance here, hoping that a homebuyer will pick the house he has built. Therefore, the architecture is going to be based on a standard plan, perhaps using a design that is well known in the neighborhood that he is building it in. Generally, the fittings will be referred to as contractor or builder grade, although some builders can offer to have them upgraded for an extra price.

Advantages Of Buying A Spec Home

There are three primary advantages to buying a spec home – you can move in right away, the house is completely new, and you can see what you are purchasing.

Read More

Property Taxes Preparation Tips When Constructing A New Home

Myrtle Beach custom homeBuilding a custom home that has the amenities you need is quite different from purchasing a pre-owned home from a real estate building especially when we are talking about property taxes. Without the exact figure based on the historical amount, how will you know how much you need roll into your mortgage or save? This has kept a lot of families wondering about the ongoing costs of homeownership especially when it comes to buying a newly built home. As confusing as it may seem at first, it actually just requires a little untangling. With a little research and legwork, you can have an answer that will relieve you of your stress that is related to your new home’s property taxes.

Property Taxes In Your Location

It does not matter where you construct your house, you will always be required to pay property taxes. If you are new to homeownership, you might not even realize that property taxes differ from one municipality to another. Generally, property taxes are evaluated by the local government, but also have federal and state consideration.

The first kind of tax that goes into calculating any property tax is the millage for your specific jurisdiction. The millage is a property tax that is due for every $1,000 in property assessment; it’s actually presented in the form of a percentage. For example, when your property is evaluated at $200,000, and the mill levy or millage rate is 1%, you need to multiply the $200,000 by 0.1 to obtain $2,000, which is the amount you have to pay for your millage tax.

Read More

The Best Time For Custom Home Building

myrtle beach buildersWinter is just around the corner and once that is done, spring comes next. It is the season that brings warmer weather as well as new life. But for other people, spring is much more than that. It is also the best time to begin the construction of a new home. Basically, it is the ideal season for completing building constructions faster without having to deal with several delay so you can move in to your new home sooner. If you are planning to build a custom home, listed below are some of the reasons why spring is the best time to begin.

More Daylight

When the summer solstice hits in mid to the later part of June, we begin moving back to winter. What that implies for your home building project schedule is that nighttime slowly falls much sooner as the day gets much shorter. By beginning the project during spring, your team of custom home builders can make the most of their time thanks to more sunlight during the day. However, it’s not only more sunlight that can help you finish your new home on time.

Read More

How To Prepare For Your Model Home Visit

model homes Myrtle BeachSo, you have finally decided to purchase a new house and you are thinking that it is the right time to book a model home visit. Although it might seem as simple as getting into the car and driving straight to your closest new home community, it is an essential aspect of the process that needs a lot of consideration. Before you take that drive to the model homes Myrtle Beach, here are four tips to help you better prepare for your visit.

Begin With A Checklist Of The Things You Want In Your New Home

In case you still don’t have any idea what you want, you will most likely have to visit dozens of model homes first before you could find the best one that really speaks to you. To make things easier, it is highly recommended that you create a checklist for yourself first.

List down important things like the kind of location or commute you are looking for. Do you have a preferred school district? Are there certain community amenities that could make or break the deal for you? Do you have any desired architectural style? Which options or upgrades do you classify as wants or must-haves?

Read More

Press Release: Myrtle Beach Custom Home Builder Upgrades Website

Dawol Homes takes a new level of service to its clients with a completely redesigned website. The Myrtle Beach home builder has created a new website that showcases both their custom built homes and model homes. The company is proud to introduce the new site as a turning point in their goal to provide superior service to their customers. The website features complete and attractive information about home design including floor plans and design ideas. Dawol Home welcomes everyone to visit the website. Clients and new home buyers are sure to love it.

Since 1996, custom home builder Dawol Homes of Myrtle Beach has offered exceptional service to its clients.  The company has proven to be an outstanding home builder due to its excellent customer service. Every client has the satisfaction they need when they hire Dawol Homes. People trust the company due to its dedication and commitment to customer satisfaction. The company aims to give each client the home of their dreams.

Their Mission Statement is to obtain 100% Customer Satisfaction.  Dawol accomplishes this by being Professional in every aspect with Unquestionable Integrity. Create a stimulating environment for Team Players, with rewards for Innovation & Job Ownership and Setting the Standards for Others to Follow.

Read More
1 5 6 7