3 DIFFERENT TYPES OF HOME BUILDERS

Myrtle Beach custom home builders are categorized into three types. These are the high end custom home builder, production builder, and the small hands-on builder. Although there are variations as well as hybrids within these categories, they are by far the most common ones today. The trick for the potential buyer is to determine which one is the perfect match for their pocketbook and home design demands.

Different Kinds Of Home Builders

The high end custom home builder Myrtle Beach generally work out of costly offices and drive lavish cars and keep all of the trappings of professionalism and success that the upper class is comfortable with. They are good at what they do but those who wish to hire them must be willing to the high price that comes with their overhead and expertise.

The plan of a custom home is created by an architect who spends time talking to the client, creating rough drafts, and making the needed revisions before creating a final draft. Generally, a professional designer is going to be an integral part of the decision making process that involves finishes and colors. The client will obtain the construction land and the loan. The construction process is commonly long and needs a lot of focus on the part of the builder to ensure coordination and quality. To put it simply, it is not something that regular home buyers can afford.

What typical home buyers can afford is a model home made by a production home builder. This is how it works these days. Back in the olden days, Roebucks and Sears managed to sell countless homes through mail order catalogs. There’s nothing wrong with this as it lets the masses purchase their own home at a price they can afford. Dissatisfactions tend to happen when buyers want and deserve more attention given to their house.

However, production home builders aren’t excellent at constructing houses that adhere to normal building procedures within their system. They’ve become good at this and most likely, a new home buyer will be satisfied if they adhere to the stock plans and options of the builder. The issue with the majority of builders that construct more than 15 houses in a year is that they are not that good when it comes to making changes outside the box.

Several production home builders know their limitation in customization and their strengths in production home building. The famous term presold home is used to obtain the idea of custom out of the purchaser’s mind. The buyer is permitted to purchase the product of the builder any time before the completion as well as select from a list of options whenever possible, however, it is the builder’s home until the client pays for it with their final mortgage loan. It’s a one fair method of doing business.

Problem usually arises when production home builders ignore their own limitations and try to customize a home outside their own comfort zone. Most production home builders began their careers constructing only a few houses per year and were able to construct anything that came along and so they reason they must still be able to even though they’re no longer hands on and need to work through their staff. They likewise want to provide their customer what they want and that is why they end up bending the rules to make the client happy and get the sale.

While high end custom home builder deals with the upper class and the production home builders handle the masses, the small hands on home builders are the ones that cater to the needs of new home buyers searching for something in between. It is usually a perfect fit since they need one another. The small hands on home builders requires the work these clients offer and they have got more time to pay attention to every project since they are physically working on it and not operating a huge home building operation. The client with special demands and desires need the small builder who accommodates the requires for uniqueness and sees them as challenges to be overcome with proficiency and pride, which results in profit for the as well as satisfaction for the homeowner.

Call Dawol Homes if you are looking for a reliable home builder who can provide you with your dream home.

Dawol Homes
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

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6 THINGS TO CONSIDER BEFORE BUILDING A CUSTOM HOME ON AN EXISTING LOT

Looking for the perfect lot where you can build your custom home isn’t easy. Since 1978, the median size for residential lots dropped by 13%, mainly due to the increased competition for lands in the United States. Aside from that, many available lots aren’t always what they appear to be. Problems can arise from failing to consider flooding risks, property conditions, and zoning laws. These concerns include property maintenance issues, compromised safety, and unexpected expenses.

 

6 Factors To Consider Before Building A Custom Home On An Existing Lot

 

1. The Lot’s General Condition

Don’t assume that a lot is in good condition just because it seems like it. Purchasing an existing lot based on impulse and without having the soil tested and the property evaluated can lead to damage to your health and home. Possible lot buyers have to request a formal property evaluation or seek out the recommendations of an experienced custom home builder to avoid these possible hazards.

1. Zoning Laws

Zoning laws have been around for more than a century and it is the most popular type of regulation when it comes to land utilization. For example, zoning laws may stop you from starting a home based business or storing a boat on your property. You might even deal with remodeling or construction restrictions. If you don’t want to face delays in approval for your plans to build a custom home, be sure to consider the appropriate zoning laws in your area.

1. General Land Terrain and Grading of the Property

A lot that is poorly graded could lead to foundation problems, water damage, and flooding issues. These concerns could lead to expensive repairs and extensive landscaping restoration. In most cases, purchases fail to think about property grading problems and their projects wind up going beyond their predetermined project.

The problem is that identifying poorly graded lands isn’t that simple for novice property purchases who are usually focused on the shape and size of the lot as well as other neighbourhood concerns. This downside shows why it’s essential to hire a custom home builder as soon as possible when checking the property.

The existing lot’s terrain must be considered as well. Land terrain is the lot’s orientation, elevation, and slope. A lot that’s heavily sloped or has varying elevations can present several challenges for custom home builders.

1. Cost To Prepare The Land

Preparing the property where you’ll build your custom home Myrtle Beach can cost more than $10,000 depending on the lot’s size and the work that has to be finished. The presence of bad ground, trees, as well as sloping sites as the three primary factors that could lead to higher ownership costs for the property. Tree removal could cost you thousands while fixing bad soil could cost you even more. If you don’t factor in these costs, you’ll be shocked in the end once you realize that the purchase you made wasn’t cost-effective at all.

1. Flood Zones and Wetlands

Another crucial factor to take into account before building a custom home on a lot is if it is located within a wetland area or a flood zone. For example, a lot of homeowners don’t know that there are federal and state laws that determine how they can use lots located in wetland areas. Some buyers jump the gun before knowing the pros and cons of buying a lot within a flood zone.

An experienced custom home builder can assist you in determining if a property is located on wetlands before you make a purchase. This will help you avoid possible legal violations.

1. Property Taxes

Property taxes could be an unforeseen expense for newbie buyers who probably don’t the financial responsibilities that come along with buying a lot. Fortunately, these taxes might be deductible once they’re declared as a personalized itemized deduction. A custom home builder can provide you with expert advice that would assist you in estimating property taxes and how they may change once your home is constructed.

 

Call Dawol Homes now and let us help you navigate through the many challenges posed by building a custom home on an existing lot.

 

Dawol Homes
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

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WHAT ARE THE BENEFITS OF CUSTOM BUILT HOMES

Custom homes are houses that are designed and constructed according to your unique needs and specifications. For some people, purchasing an existing house is find because it meets their needs. Others would like to add their very own special touches and that is why they go for a home that is custom built.

Why Go For Custom Built Homes

Custom homes Myrtle Beach can be completely personalized, which is one of the primary reasons why a lot of people go for this kinds of houses. The purchaser will have a say in all phases of the building process to make sure that their house is built exactly the way they want it to be.

You also get to choose the room’s layout, size, number of bathrooms, bedrooms, color of the wall, appliances, countertops, cabinets and more. Even though custom built houses are a bit more expensive than regular ones, you will have the satisfaction of owning a house that suits you well and never have the problem of having to deal with the design choices of past owners. You also do not need to spend money on renovating your house because you already have everything you need with the help of a custom home builder.

In case there is a new subdivision that is being constructed, buying a home there lets you build a house as you please. You could also watch as other houses are built and other people start to move into your location. In case you buy acreage, you can build it as small or as large as you would like and it provides you a chance to live in a remote location with only a few neighbors.

There are also lower maintenance costs since owners of brand new houses tend to spend $14 less per square foot than one that purchased a ready-made house for routine maintenance. For instance, a custom built house with 2,500 square feet could help you save as much as $326 per year.

Custom built houses are much easier to construct and are more energy efficient compared to the ones where you still have to buy energy efficient appliances and windows. Owners of custom home Myrtle Beach may also receive tax breaks.

Custom built homes Myrtle Beach is one of a kind and that means only you will have that specific home design. In case there are special needs like planning to retire or maybe live in your custom home until your death, you can have the house built on a single level and with minimum stairs. This will help you once you get older or perhaps be beneficial for family members who are disabled or elderly. Maintaining custom homes is minimal because everything you have in your new house are brand new.

Interested in having a custom built home? Call Dawol Homes now for more information.

Dawol Homes
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

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WHAT YOU NEED TO KNOW ABOUT CONSTRUCTION LOANS

You can easily find traditional mortgages, but they usually come with a catch. You can just borrow money to purchase a house that’s been built already. On the other hand, construction loans can be used for everything that you need to build a custom home or even a commercial establishment. They can also be used for renovating your property or purchasing a land.

What are construction loans for your custom home?

If you need a short term loan to build a custom home then you need a construction loan. You can use the loan to purchase a lot, build on a property that you already have, or remodel an existing structure, in case the program permits. Construction loans are much like a line of credit since you only get the amount of money you need to finish each phase of a project. So, you’ll pay only the interest on the amount that you borrowed.

Payments

You will only be paying for the interest during the construction phase of your custom home Myrtle Beach. But it will be based on your outstanding loan balance. In most instances, payments will start six to twenty four months after you get the loan.

Disbursement To Contractors

As you achieve milestones in your project, you or the custom home builder can ask for draw payments for the work that you have completed. An inspector should check to make sure that the work has been completed. However, these inspectors don’t really say anything about the work quality. But if everything looks fine and satisfactory then a disbursement will be given to the custom home builder.

Temporary Funding

Construction loans last less than one year and you may pay them off with a different permanent loan. The construction loan generally ends when the construction is finished. You have to get an appraisal as well as inspection on the completed property if you wish to retire the loan.

Stages

You can use the funds that you get form a construction loan from nearly all stages of your project including buying the lot, excavation, as well as pouring the foundation, framing, and even the finishing. You may even use the funds to build basic sheds, garages as well as other structures in your home that’s allowed by your lender’s policies.

Downpayment

Just like other loans, you should not expect to borrow 100% of the actual amount you need. Lenders tend to place some equity into your deal and they may ask you to put a 20% downpayment.

Come Up With A Solid Plan

To get a construction loan, the first thing you need to do is qualify. So, you should have good credit as well as favourable ratios. It’s better if you can give a down payment of 20%. Don’t forget that you should also present a proof that you have a consistent income.

Lender Approval

The bank needs to approve your construction plans that is what makes construction loans unique. In case you are purchasing from a custom home builder that works with a specific lender on a regular basis, then you may be able to secure an approval much easier. For custom homes, your lender will ask all the information about your project. This includes details about your custom home builder, the process involved, schedule for every phase, the expected costs, and if the structure meets the local requirements and local codes.

Call Dawol Homes if you are looking for a custom home builder who can help you build your dream home.

Dawol Homes
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

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6 DECISIONS YOU NEED TO MAKE BEFORE BUILDING A CUSTOM HOME

Don’t let anything discourage you from building a custom home. If you’ve already, you’ll eventually be hearing the opinions of your relatives and friends about building a house. Some of it will be positive while others will be negative.

Building a custom home isn’t that difficult as long as you have a well prepared plan. This will reduce, if not get rid, the obstacles, and other concerns that comes along with home building.

6 Questions To Answer Before Building A Custom Home

1. Where do you want to build your custom home?

Location is extremely important when it comes to building a custom home Myrtle Beach. You can build a bad wall and tear it down to build a new one but you can’t move or choose another property. You need to be careful when buying a property.

1. Are utilities available to your lot?

If you plan to build in a remote location, it’s possible that the utilities are not readily available. In that case, you’ll have to use propane, septic tank, generator, etc. So, make sure you know how deep you have to dig for a well. You wouldn’t want to end up finding out later that a well isn’t possible.

1. What is your credit rating?

A lot of owners take out a single loan to purchase the land and another one to build a home. In case your FICO score isn’t high enough, you might not be able to get a loan. So, it’s best to get pre-approved for these two kinds of loans first.

1. What is your ability to supervise?

Do you feel uncomfortable with supervising contractors and subcontractors? If yes then you may want to consider hiring a project supervisor. Always remember that you should only hire licensed contractors. This will give you higher chances of having a building project with less issues along the way.

1. Do you have enough financial resources?

You should have a 10-15% buffer for your expenses. This extra cushion will keep you peace of mind knowing that you still have cash left in case an emergency comes up.

1. Can you get the needed insurance?

It’s important to manage personal risk and liability especially when it comes to building a home. Discuss personal liability, worker’s compensation, fire, theft, and the cost to rebuild with your insurance agent.

Other Important Considerations When Building A Custom Home

1. Hire an architect or you can go for a standard building template.

You need an architect to draw up a blueprint for your custom home. So, you need to know what kind of home you want by sketching it out. If you are on a tight budget, you can go for a standard building floor plan.

1. Buy your materials ahead of time.

Consider using a few empty garages for materials or you can also rent out a storage unit. Start buying the materials needed to build your home at least 3 months in advance. Doing so will give you time to shop around and avoid missing a crucial item because you’re in a rush.

1. Create a building calendar.

Talk to your custom home builder and find out how much time is needed to build your home. This will give you an idea if everything is moving as scheduled.

Call Dawol Homes now if you need the help of a custom home builder in constructing the home of your dream. 

Dawol Homes
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

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THE UNIQUE BEAUTY OF CUSTOM HOMES

Nothing can compare to the experience of raising your kids in your own uniquely built custom home. A custom home builder will construct your home according to your taste and preferences. He will take your personal style and embed it into the very core of your house. From the foundation down to the landscape, it will exhibit your likes and there is no other way to tell the world what’s really in your heart. You can build your dream home from the ground up and enjoy the safety and comfort that it provides you upon completion. These kinds of houses require a huge financial investment, but they are worth every penny. A home that’s built by a custom home builder is more than just a home. It is going to be your personal sanctuary.

Why Hire A Custom Home Builder

Custom homes must reflect on your tastes, it is therefore not recommended to just copy another homeowner’s design just because they look cool. Opt for a house that makes you feel complete every day. Your kids will also grow in this house so let your home be a place that will remind your children of you. A custom home builder will help you build the home of your dreams whether it is a custom ranch home or a custom suburban house.

A custom home builder Myrtle Beach understands your needs and he will make sure that he keeps up with your dynamic household needs. You can contact him through online or offline means, which makes your communication a lot easier. Work with a builder who understands your home needs and prepared to incorporate your personal ideas in your home as possible.

You should consider the cost factor. Be sure to invest only in the best by hiring a reputable company like Dawol Homes. By doing so, you can be sure that your home will stand the test of time and endure even the harshest weather condition. This doesn’t mean you have to go overboard with the expenses. There’s no need for you to worry about the cost only if you have the funds to construct a luxury custom home.

However, if you are only building a typical custom home Myrtle Beach, always go for affordable yet quality materials. With today’s economy, you have to consider all factors because if you don’t, you will bear the brunt of exhausting all of your savings but still unable to completely construct your dream house.

If you are thinking of building a custom home, hire only the best team. Call Dawol Homes now and we will make your dream home come true.

Dawol Homes
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

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LUXURY FEATURES WORTH ADDING TO YOUR CUSTOM HOME

If you decide to build a custom home, you will get a chance to get all that you want out of your space. There is no need to settle for practical and ordinary features such as bigger closets or granite countertops. You can grab the opportunity to get everything that you have always dreamed of for your home. If you are consider getting a custom home built in the near future, here are the top luxury features that you may want to include in your home’s design.

Luxury Features For Custom Homes

Heating floors – some may think that heating the floors can’t do that much. But you will actually be surprised what it can do for you. Heated floors will help you feel more comfortable and cozy inside your house. You can have heated floors installed all throughout your house and pick from materials such as polished concrete or hardwood. You can even have it installed in the bathroom. Think about how good it will feel once your feet touch a heated floor after a cold soothing shower.

Dressing room – don’t stop at walk in closets. Ask for an entire dressing room in your custom home. The dressing room must include a lot of rods and shelves for shoes and clothing, and enough room for you to move around and try on different clothes. You may even place a bench or a set in the middle of the dressing room. You can also include extras such as ambient lighting and floor to ceiling mirrors so you can get the most out of your dressing room. You might even want to think about including luxury features such as a specialty armoire or a vanity.

Home spa – a large bathtub is a must have especially if you always have a hard day at work. But if you really want to pamper yourself, why not have a home spa with the best design features. Talk to your custom home builder for things like multiple shower heads, walk through showers, wide ledges surrounding the tub for seating, built in music system, and soft lighting. For your bathtub, some features you might want to include are chromatherapy or whirlpool jets.

Specialty wiring – there times when outlets are not placed where you want them to be. As a matter of fact, they are commonly installed in spots that are inconvenient and out of the way. When designing your custom home Myrtle Beach, you should think about adding outlets where you think you will be using them the most. For instance, you might need outlets in your kitchen island, medicine cabinet, under the roof eaves for your landscape lighting. You should also consult with your custom home builder about specialty wiring when you are considering to have a home theatre system set up at home. With the appropriate structure in place, you can simply wire built in speakers and even video game systems without filling the area with electrical cords.

Driveway alarm – in case you are investing in a custom home, you are also investing in a substantial piece of property. In case you have a long driveway that leads into your property, you could make use of a driveway alarm. It will alert you whenever someone pulls into your driveway. It can help you with unexpected visitors and unwanted trespassers.

Outdoor features – The outside of your house should be as comfortable as the inside. Consult your custom home builder Myrtle Beach about building a beautiful patio with features like fireplace, outdoor kitchen, bar, and lounge seating. You can also outdoor water features like fountains to add more sophistication to your home.

Call Dawol Homes for more information on how to get your dream custom home and what luxury features you want your new place to have. 

 

Dawol Homes
3100 Dick Pond Rd # E
Myrtle Beach, SC 29588
(843) 294-2859
http://www.dawolhomes.com/
info@dawolhomes.com

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