Author: admin
Wednesday, February 03rd, 2010

What Can You Afford

Before you get started you need to know what your budget allows. The brilliance of a custom built home is that you can always make changes along the way. However you need to have a bottom line to start with, while reserving a special budget for upgrades should you decide you would like a richer wood for your kitchen cabinets; for example. Your local lenders who specialize in the financing of new homes will be happy to answer questions and help you determine what you can comfortably afford, if in fact you are going to apply for financing. Otherwise we will likely offer to help you put together a budget and secure financing.

Do You Have A Location?

Location is important because though you may not be planning to move anytime soon, you’ll want to be in a neighborhood with the best resale value on your home. Most importantly, you want to be sure that you’re going to be happy where you live. Research the neighborhood by spending some quality time doing business in it before you decide to have your Dallas custom home built. After all, once you move in this neighborhood is where you’ll probably be spending most of your time.. Meet potential neighbors and see what they are like. We will also be able to provide you with information about local businesses, schools, shopping centers and so forth.

Is Choosing A Lot The First Step?

Yes, we can build on any lot in the Dallas Ft Worth area. We also have many communities that are available now.

How Do I Research Schools and Businesses?

Assuming you have or intend to have children, you know how important their education is for a good future. The state school board will have all the information you need to decide which school is right for your kids. Available information may include class size, test scores, special programs and other interesting agendas. You can also ask your builder or real estate agent, as they too will have key information on schools and other area amenities. The local Chamber of Commerce can provide data on local businesses; as do many free guides on the Internet or in newspapers.

What Kind of Home Do You Want?

Though you don’t have to make any final decisions before consulting a builder, you may want to start thinking about the features of a home that mean the most to you. Style, comfort, storage room and how you intend to use your home from day to day are all factors to take into consideration. You may find it useful to collect clippings from magazines of the furnishings or architecture of homes you find appealing. When you sit down with a builder, you can share your ideas more easily with visual aids. Builders usually have materials you can browse through for ideas and floor plans as well.

What Might You Need For The Future?

The key to planning your home to see you through the future is to know up front how long you intend to stay. For example; if you’re in your 40’s or retired you might want to consider what amenities could be useful and comfortable for you in your later years. A single story dwelling may be more sensible than one with stairs to climb. Doorways and hallways of broader width may make life easier later on and there are other features you may need to consider.

Do You Need To Be Hands On?

Of course you will have some involvement with the building process; it is your dream home after all. Talk to us, tell us your expectations, the amount of time, and number of details you want to be involved in during the process of building your custom home. Some new homeowners even like to get their hands dirty by helping to complete the finishing touches.

When Do You Expect Completion?

It can take anywhere from 4 months to a year to complete a custom home because the process takes longer than a production-built home. If this isn’t comfortable for you, it’s best to discuss this with the builder from the very beginning. If you are currently a homeowner now would be the time to make arrangements to sell your dwelling; and plan for the possibility that you may need to find a temporary place to live in between the sale of your current house and the move-in date of your custom built home.

Author: admin
Friday, January 15th, 2010

If you’ve always wanted a custom-designed home, then there is no better time than the present to make your dream come true, especially in Dallas. One of the benefits of this tough, economic market is that housing costs have dropped significantly, making it much more realistic for buyers to negotiate great deals with custom homebuilders.

It’s no secret that people are starting to move back to the city from their suburban enclaves. With fluctuating gas prices and all of the economic uncertainty, residents of the Metroplex want to be assured that they’ll be in a good economic position to weather the current financial storm. With job creation in Dallas at one of the highest rates in the nation, it makes sense to live close to where you work, cutting down on commuting time and transportation costs.

So if you’re currently living in one of the bedroom communities in the surrounding counties and are unhappy with the sprawl and congestion, think about trading in your current accommodations and investing in a custom designed home. Just because the word “custom” is in the description, doesn’t mean that it is going to be out of your price range. There are custom homebuilders who have the skill and expertise to take your needs, dreams and wish lists and turn them into an affordably priced, energy-efficient home that will suit you for many years to come.

Building a custom home in Dallas opens up exciting new possibilities for you. For starters, you have total control over the location of your home, the overall design, the added extras and amenities, as well as all of the interior decorating, such as paint colors and flooring. If you decide that your next home should be custom designed and built, then you and your family should be sitting down to brainstorm about what the most important features are in a new home.

Remember that your location is the most important decision that you’ll probably have to make, and most real estate professionals will stress that “location, location, location” should take precedence over everything else. Where in Dallas do you want to live? How close to downtown? Is it important that you be near particular schools or medical centers? Do you want to live close to work or is it better for you to be close to shopping? And if you should ever want to sell your house, will someone else find the location as desirable as you do? The bottom line is that the location of a home affects its value – especially when it becomes time to sell.

Your next step is deciding what type of house you’re interested in. Do you want a ranch home, with everything on one floor, a traditional two-story colonial, or something that is a mix of modern architectural creativity with a contemporary flair? Perhaps you just want a cozy bungalow with a hot tub. Do you want an open floor plan, or a home with strictly defined spaces? How many closets do you really need? (Always plan one extra closet beyond what you think you need since there is never enough storage!) What about windows, doors, skylights, and decks? And don’t forget one of the most important rooms in the house – the bathroom. How many will you require?

The kitchen is another area that can take on a whole new look when you work with a custom builder. There are so many possibilities to consider with layout, storage and appliances. Make your decisions carefully so you aren’t disappointed later on.

Once you figure out where you want to put up a custom home and some of the features that you’d like included, it’s time to choose a builder. Dallas has several custom homebuilders and many of them have an online presence. This can help you can get an idea about the types of homes they build and if they are in your price range. (However, just remember that anything is negotiable!)

Choosing a custom builder is partially analytical and partially emotional. Ultimately, you have to go with someone you feel can do the job – on time and on budget, and with whom you have a rapport. Fortunately, Dallasites have plenty of homebuilders from which to choose, all with stellar reputations and portfolios to match – all waiting to work with you.

Good luck!

Wednesday, October 21st, 2009

This year, prospective home buyers in Dallas and across the country were offered a first time home buyers tax credit of up to $8,000 (or ten percent of the purchase price) for the purchase of a home. First time home buyer is defined as a buyer or buyers who have not owned a home as a primary residence within three years of applying for this tax credit. To maintain this credit, the buyer or buyers must reside in the home for three years. This home, or primary residence, is defined as a single-family home, condominium, townhouse, or co-op. To qualify, the income had to be between $75,000 and $95,000 for a single and $150,000 and $170,000 for joint filers, the maximum benefits being applied to the lowest of the limiting income levels.

Plan-2250This tax credit is due to expire on November 30, 2009, and anyone taking advantage of it must be in residence by December 1st. However, there is currently an effort underway by Republican Senator Johnny Isakson, of Georgia who has been joined by Democratic Senator Chris Dodd of Connecticut, sponsoring a bill to extend this credit into June of 2010 and to expand it to include all buyers. Echoing this interest in extending the tax credit as well as revising it to include higher income limits and larger credits, The Mortgage Bankers Association (MBA) the National Association of Realtors (NAR) and the National Association of Homebuilders (NAHB) recently sent a letter to top officials in the Obama administration asking for an extension. They cite the benefits to the economy in the form of increased housing sales and the subsequent effects as more employment opportunities arise and seep into the fractured economy.

The delicate state of the housing market and the fact that almost 1.4 million first time buyers have qualified for this tax credit as of August 2009 is the reason for the interest in extending the length of this program. While home sales in the Dallas area haven’t been as adversely affected as those in other parts of the country, the more expensive houses, beyond the price range for those who qualify for the tax credit, remain unsold. If the government does offer the extension along with a few revisions to include a wider portion of the population, these more expensive homes could become eligible for tax credits. This could further revamp the housing market in Dallas and throughout the nation and help on the road to our economic recovery.