There are a number of factors that you need to consider when hiring a contractor to build your new home and the process of finding the right one can be somewhat tricky. While you may think that hiring a contractor is a few simple steps, but a lot of it can be attributed to your own intuition.
Talk to your relatives and friends and find out if they can recommend a good contractor to you. This is the most reliable way to do find a contractor to build your house, but if you do not have anyone that you can talk to or they cannot recommend anyone, then you should try the phone book. The general consensus is to never use the phone book to hire people to work on your home, but not all of us have the friends or relatives that can give us advice on who to choose.
Get in touch with a few different contractors and ask for at least three references from each one and contact them all. Ask if they have had any issues with water damage or mold in their newly constructed home and ask about other structural problems that might exist. Write down what you discover about each contractor and use this to make a decision on who to offer the job. Get a fixed price bid from the ones you think are good enough for the job and make sure they get the same building plan.
Your contract with them should have a number of specifics in it so that there is no room for confusion as to what is expected of your contractor. Dates showing where the project should begin and approximately when it should end are to be included along with a list of materials the home will be built out of. Consider offering incentives to your contractor if the job is completed early and offer penalties if the job is not completed by a certain date if moving in as soon as possible is important to you.
Any contractor that you hire should have the proper insurance for himself and his workers so workers are covered by his insurance while they are working on your property. You need to obtain copies of all these insurance policies and keep them in a job folder along with other necessary documents like your building contract and a payment schedule.
You should make payments to your contractor as work progresses and do not let your payments get ahead of the work that has been done.
Showing posts with label home buying. Show all posts
Showing posts with label home buying. Show all posts
Wednesday, January 23, 2008
Buying a Home: What To Look For
Most people would love to design and have their own custom home built and anyone that gets the chance to do this would do well to do their research on the entire home building process before even dialing the first number to a contractor. Know what issues can crop up with buying a home that already exists and educate yourself on this before considering having a home built for you. There are a number of things that a person wanting to build or even just purchase a home should do research on before they begin the process.
One of the most important things that you can look for when you are purchasing a home is mold. While you may not be able to see mold if it is growing inside the walls, floors, or ceiling, you can often smell that something is wrong with the house or look for other signs that mold may be growing in the house. Look around in the more moist areas of the home for mold, like the kitchen, bathroom, laundry room, and the basement. These are generally the areas where mold likes to grow the best simply due to the amount of moisture in these rooms. If you find no mold growing here, then odds are good that it is probably not growing anywhere else.
Water damage is also something that you want to look for. If you notice any buckling in the floors and the home is fairly new, ask if the home has been flooded in the past, either due to a natural disaster or due to a waterbed rupturing or a similar accident. Human errors like bathtubs, toilets, or kitchen sinks overflowing on a regular basis can also cause significant damage to the floor and carpet. You can avoid these most of the time just by paying attention to what you are doing when filling up a sink or a bathtub. Try not to leave the room.
You should also look on the outside of the house for signs of smoke damage under the eaves. This could be a sign that the inside of the house has been on fire at some point or another. If you see this, ask the seller about it to make sure that he or she is telling you the entire history of the property. There could be problems with it that you are unaware of and the last thing that a new homeowner wants to find is a bunch of surprises that they never factored into their budget.
One of the most important things that you can look for when you are purchasing a home is mold. While you may not be able to see mold if it is growing inside the walls, floors, or ceiling, you can often smell that something is wrong with the house or look for other signs that mold may be growing in the house. Look around in the more moist areas of the home for mold, like the kitchen, bathroom, laundry room, and the basement. These are generally the areas where mold likes to grow the best simply due to the amount of moisture in these rooms. If you find no mold growing here, then odds are good that it is probably not growing anywhere else.
Water damage is also something that you want to look for. If you notice any buckling in the floors and the home is fairly new, ask if the home has been flooded in the past, either due to a natural disaster or due to a waterbed rupturing or a similar accident. Human errors like bathtubs, toilets, or kitchen sinks overflowing on a regular basis can also cause significant damage to the floor and carpet. You can avoid these most of the time just by paying attention to what you are doing when filling up a sink or a bathtub. Try not to leave the room.
You should also look on the outside of the house for signs of smoke damage under the eaves. This could be a sign that the inside of the house has been on fire at some point or another. If you see this, ask the seller about it to make sure that he or she is telling you the entire history of the property. There could be problems with it that you are unaware of and the last thing that a new homeowner wants to find is a bunch of surprises that they never factored into their budget.
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