Saturday, April 27, 2013

Does any one have any experience with having their home build on their own land?

Q. Since cost of new home still pretty high in North East region, I am wondering if any one have experience with having a New home build on their own land.
I am thinking about buying a land and then having a home build with developer so I can save some money in process.
2 Q
1. Is that a good idea?
2. Will I save some money by doing this?

A. Building your own home can be a great experience. You get to be involved in all of the decision-making process, you choose exactly how you want things to look, etc.

It can be a nightmare though---bad contractors, delays because of weather, etc.

Just make sure that you are very careful when contracting, and don't try to start building in the middle of winter!

You can save money by building on your own, but don't use cheap contractors that will use substandard materials. Research everything and everyone you use carefully. You can also save money by working on some of it yourself---if you have skills in construction. Don't try to take on a job that you aren't qualified at(like wiring---when you have no idea about being an electrician!!) because you could end up paying for it later on.

Best of luck!

What are the issues with copper plumbing in a home built in 1988?
Q. I have a friend who has a home that has copper plumbing. The residence was built in 1988, and she was told by a neighbor that copper plumbing is bad and has to be removed/replaced in order to keep the value of the home for resale. This doesn't seem to make sense and the home DOES NOT have any plumbing issues to date. The neighbor cautioned that copper plumbing can burst. Is there any ring of truth to this or is the neighbor thinking of something else. A home built in 1988 doesn't seem that old to me.
Please help. All answers are welcome. Thanks.
Additional details. Here is the suspected issue:

Different metals or types of pipe: copper and galvanized iron, were directly connected in the potable water supply system

From this point of view, we are told the entire plumbing in the home needs to be changed. Can this be right?

A. If the copper pipe is stressed, it will create a leak, but only if stressed. By this I mean thin wall, kinks, etc.

I have never heard of copper pipes devaluing a home. If anything, copper will add value compared to CPVC or galvanized. If there are no issues with leakage or significant corrosion, leave it.

what are the steps to getting your own home built on your own land?
Q. I have land that I want to build a home on. I am a single mother and I do not know where to begin to get me a home built. I would like to know if there are any programs out there to help me get my house built on my property for a decent amount of money. I have 3 acres to put a home on. I am in the state of Florida.

A. If you sit with a loan officer for 30 minutes, they can explain all the programs available to you. Once you have that done, pretty much all you have to do is pick the builder you want. There are many private builders that offer warranty. I've seen some here in san antonio texas that build for as little as $60/square foot on custom homes. Google custom home builders in your city/state. or yellow pages.




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