Where to Start With Your Custom Built Home
Building a new home is not an easy task, even after you’ve saved up for years, there’s that lingering fear that it isn’t enough. However, with a bit of planning and preparation, getting your custom home build project started is not as scary as it seems! Here are a couple of tips that will get you started.
Have a Budget
Your budget should take into consideration the amount you’ll need to pay for a lot, the design and build of the home, and finishings and appliances you intend to install. Once you have a tentative budget add a little more cash to it to protect yourself against unexpected expenses.
Secure Funding
Funding custom homes is different from getting loans to finance an existing building. In a majority of cases, you may have to get a loan to cover construction and then transfer it to a permanent loan once you close the house.
Some people prefer taking out separate loans; one for the building phase, and a permanent loan for home closing. You will need to find a way that works best for you at a personal level. Morgan Taylor Homes has a process where it’s a one-step process and our Sales team can help guide you through our financing process.
Look at Lots – We can build on existing lots, or we can find you the perfect lot!
The next step involves finding a lot that seems best suited for your new home. However, do not close the deal until you have thoroughly gone over details with your builder. Make sure your home’s design works seamlessly with the lot you buy. Morgan Taylor Home’s in-house capabilities allow us to review each lot to determine house placements and best fit.
Building your custom home does not have to be a scary endeavor. Once you put in the right amount of research and planning, you can be assured that you will be prepared for the building phase of your dream home. Also, make sure you work with an experienced custom builder in Arizona who is dedicated to your unique vision, and willing to work with you in putting up your dream home!
Morgan Taylor Homes offers you all the services while helping you purchase lots, design your property, construct, and close on your home. The firm also provides a 1-year home warranty as they hand over the keys to your new custom home.
Contact Morgan Taylor Homes through our website or call us at 480-626-1555.
Share
How to Build a Custom Home on a Budget
Most of the good things in life happen in your home. Game nights, family dinners, restful Sundays, holiday gatherings, and more. So it’s crucial to ensure that you love the space in which you live. Building a custom home is the best way to accomplish this goal. But this can seem out of reach if […]
Home Elevation Design: What and Why?
Don’t judge a book by its cover. We’ve all heard the phrase. And generally, we all try to live by the meaning behind the phrase: don’t judge something based on its outward appearance before you know what’s on the inside. It sounds like a great way to live life. But, unfortunately, it is easier said […]
How Much Does It Cost to Build an ADU?
Do any of these scenarios apply to you? You have an aging parent that you would like to keep nearby, your adult children need their own space but aren’t ready to move out on their own, or perhaps you enjoy having friends and family come to visit throughout the year. In any of these cases, […]
How Much Value Does an ADU Add?
Home improvements are one of the most beneficial ways to increase your investments. Not only does a well-done renovation improve your home value, but it can also increase the value of your life if you complete the project and still plan to live in the home. The addition of an ADU is one such addition […]
Home Building: What to Do After Buying Land
Are you thinking to yourself, “I bought land and want to build a house, but what do I do next?” First off, congratulations! You’ve taken the first step towards securing your dream home, and you are now one step closer to move-in day! But, the celebration must be kept to a minimum because you have […]
Pros and Cons of an ADU (Accessory Dwelling Unit)
Real estate trends are constantly changing. Sometimes for good and sometimes for bad. One trend on the rise is the addition of Accessory Dwelling Units. However, you may be more familiar with the terms granny flat, in-laws quarters, or a casita. This trend has become popular in recent years and appears to be here to […]
What is an Accessory Dwelling Unit?
Are you in the process of building a home on your own lot and hearing the term “Accessory Dwelling Unit (ADU)” being thrown around? Or perhaps, you’re in the process of trying to figure out how to best care for your aging parents and are weighing your housing options, and an “Accessory Dwelling Unit” has […]
When is the Best Time to Buy a House in Arizona?
Buying a house is always a big decision, and for many, it will be the biggest purchase they ever make. So buying a home is not a decision you want to make on a whim or take lightly. Smart buyers will do research about home buying when they begin their search, and even wiser buyers […]
Best Places to Retire in Arizona
As retirement is approaching, you may be beginning to consider your options for where you’d like to settle down in your golden years. Of course, sunny Florida is a popular option, or perhaps a coastal city such as Charleston. But are you ready for the humidity and flat terrain? If not, these locations may not […]
Home Design Trends for Custom Homes in Arizona
When you walk through a home that hasn’t been updated since the 70s, you know it. Wood paneling, upholstered furniture, sunken living rooms, and orange and green velvet are everywhere. These home design trends were all the rage in their time. But unfortunately (or fortunately), they faded out just as fast as they appeared. So […]