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Wednesday, January 07, 2009
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Steps in building a home  
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Construction Information and Subcontractor Services  


Today's contractor earns a fair profit in any type of building operation. 

If you are a good mechanic, and fair organizer, you may be able to save money and do some of the work yourself, by acting as your own builder, or prime contractor. 

This website outlines the order in which subcontractors hired by the builder should do their work, where one sub leaves off and another starts, and the gray area between one sub and another.

No attempt is made to describe how to do any subcontractor's job.  Instead, this website tells you what to watch for as each does his job, and how to instruct him.  Different systems of construction and material use are presented, with advantages and disadvantages explained.  

The bottom line is: A general contractor can get 30 percent or more of the total cost of your home.  Or,

"You Can Get It."  Your choice!

Four Reasons While You Should Consider Building Now!    

Waiting to see what the economy is going to do is one way to waste your time. Another way to spend your time, though, is to take advantage of the situations around you and build your own custom home. Many things right now make it an excellent time and opportunity to enable you to be in your dream home before long.

1. Home Loans Have Great Interest Rates

By now, most everyone is aware of the fluctuations of the housing market. Those fluctuations, however, have actually brought about an excellent opportunity to get about as low of an interest rate as is possible. Not only that, but lenders are looking for people with good credit to extend a loan to. Even better may be the fact that the government is cracking down on loan companies that are less than honest. This could help you get a better deal. Altogether, it means you could get a really great financial package to start building after you select your custom house plans.

2. Many Custom Home Designs Are Available

Your custom made dream house does not need to follow the more traditional designs of everyone else's house. There are many different styles of homes that you can choose from, and many of them are much lower in cost than your traditional styles.

Custom home designs could include the straw bale home, the earthen home, barn conversions, cordwood, stone, and others, too. You certainly have the freedom to choose a unique style to match your own tastes if you want. You can also put into your home any special features you want, as well.

3. Building Material Costs Are Not Getting Cheaper

Building your own dream home now gives you a better opportunity to get the lower prices. While no one knows what will happen, things are rather looking like prices are not going down anytime soon. It will not be long before gasoline prices will drive building materials prices sky high.

Some custom homes may actually be far less expensive than you might think. One of these is the straw bale home. This design could enable you to save up to 75% of a traditional home and it will last much longer than one, too. This style can give you lower heating and AC costs, as well as lower maintenance costs, too, saving you money for years to come and keeping its value up, too.

4. Construction Crews Are Ready

Let's face it, there is not a lot of new home construction going on right now. This means that it should not be hard to get a good contractor to build your home. You could probably even get it built rather quickly because homebuilders are looking for new design homes to build. Even better for you, though, is that they will not be rushed to complete your job so they can go to the next house as quickly as possible.

Contractors will be glad to see you coming - and you may even get a better deal on your new custom design dream home than you thought possible. All you need to do now to get started on your dream home plans is to talk to a designer.

       

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General Contractors  


For their time, General Contractors get between 10 percent and 20 percent of the total cost of the project (including land).

That means they get $25,000 to $50,000 for building a $250,000 house. 

 But wait, there’s more. A general contractor may also get “fees” from subcontractors (“kickbacks” is such a nasty word) who are selected. 

 General Contractors will probably get all materials for the job at a discount, some or all of which they keep. 

Some unscrupulous contractors also make money by not installing things as purchased. For example, one grade of subflooring is selected but a lower grade is installed.

Most General Contractors are honest, however, some are not.  Why take a chance!  Under our program you have control!  

General Contractors don’t build houses! They manage the construction of houses.
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Our Program  

Our Udoit Owner-Builders solution is: Helping you eliminate the costs of hiring a general contractor and converting those savings into "Earned Instant Equity"  (makes your down payment). 

Definition of “Earned equity”- Equity is the difference between the mortgage amount and the homes actual value based on an independent appraisal. “Earned equity” is equity which is created through the efforts of the homeowner. The value of work put into the home by its owner.
  • We always recommend that you begin with the end in mind." The answer is that you can save some money and (very importantly) get more of the home you want by being your own general contractor" (GC). 
  • A General Contractor or building contractor is usually the boss. He or she is a licensed expert who knows how houses are built and hires Subs (subcontractors) to build them.  He gets paid well.  YOU can do his job! YOU be the boss.
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