Stock photo of a couple observing a home under construction

5 Tips to Consider When Building Your Dream Home

One of the biggest questions facing homebuyers is whether to build or buy an existing home.

While it may seem easier to buy an existing home, building can have several advantages.

New homes are built to current codes and are often more energy efficient than an existing home. You can also personalize most details from floor plan, paint colors, flooring, cabinets, sinks, counter tops, and so on. But the choices can be overwhelming.

To avoid confusion, it is important to make a checklist to avoid costly mistakes.

Here are five tips to consider when building your dream home:

  1. Choose a reputable builder:
    Do your homework. Be sure to choose a builder with a rock-solid reputation.

  2. Consider using a real estate agent:
    Real estate agents collaborate with builders and know every aspect of their product.

  3. Choose an experienced lender:
    You want to be sure you have a knowledgeable lender who can help guide you through the process from construction financing to permanent, end loan financing.

  4. Location, Location, Location:
    Be sure to choose a neighborhood that is perfect for your family.

  5. Customize:
    This is your opportunity to tailor your space to your family’s needs.

For more information on financing your home and additional money saving tips, find a Mortgage Loan Officer near you. 

Explore our Home Mortgage Learning Center

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