Whether you make losing weight or improving your financial health part of your New Year’s resolutions, success can only be attained by proper planning and a commitment to seeing your resolutions through. But, this same concept applies to anything you want to take on, including building your new home.

If you’re planning on building your new home this year, here are eight New Year’s resolutions you should make to ensure everything goes as planned so you get the home you want from your custom home builder in Georgia.

#1: Know Exactly What You Want in Your Home

In order to get the home you’ve always wanted, you first have to know what you want in your home. So, do your research and start compiling a list of your must-have. Separate your list so one column lists things you need to have in your home and the other column lists things you want to have in your home. Then, prioritize the lists. This way, if and when budgetary concerns come up, you’ll know exactly which features you can reasonably afford to lose.

#2: Figure Out Your Financial Standing

Before you start looking over floorplans with your builder, talk to a lender to find out how much money you can afford to borrow. Look over your credit reports to make sure everything is accurate. Gather and organize all of the financial documents you’re going to need when applying for your mortgage.

#3: Get Familiar With the Home Building Process

When you’re having a new home built, it pays to have an understanding of the process. Building a home from the ground up is a lengthy process and the homeowner has to be involved in a lot of decisions and design selections. Talk to your builder and have them explain every stage of the building process, and your involvement in each, so you know what to expect once the actual building commences.

#4: Get Organized

Building a home is a complex affair, so you need to be highly organized if you want it to be as easy on you as possible. So, commit to keeping everything organized. Create a folder or binder to keep all of the papers related to your build. Such things to keep in your folder include:

  • Credit report information
  • Monthly home budget
  • All financial statements needed to apply for the mortgage
  • Pre-approval letters from your lender
  • Your wants and needs list
  • Research (builders, realtors, lenders, neighborhoods, lots, etc.)
  • All contracts and agreements related to your property or home
  • All future documents related to your home (appraisals, offers, etc.)

#5: Understand How Loans Work on New Construction

When you’re having a new home built on a piece of land, your mortgage loan is going to be different from that of someone buying a pre-existing home. With this type of project, you need a construction loan. This type of loan is a short-term loan (maximum of 1 year) that has special guidelines and they usually include monitoring to ensure the build is completed on time so your repayment can begin promptly. Construction loans have variable rates that move up and down with the prime rate. Once the home is built, you’ll use your mortgage to pay off the balance of your construction loan.

#6: Commit to Quality Over Cost

During the design phase, you’ll have to make a lot of decisions. And, you’ll find that everything comes with a more expensive and least expensive option. When it comes to your home, you don’t want to skimp on quality. Even if it means not getting absolutely everything you want in your home, commit to choosing quality over saving a few bucks. In a new home build, you really do get what you pay for.

#7: Research Builders

There are probably dozens of builders in your immediate area. So, how do you know which one to choose? The key is to do your research. Ask people you trust for references. Visit builder websites and read client testimonials. Ask the builder you’re interested in for a list of references and then reach out to them to find out what their experiences were with the builder and whether or not they would recommend the builder to others in their family. Always check the builder’s quality, reputation, and warranty information.

#8: Make Your Home Build the Only Major Change This Year

Building a new home is very rewarding, but it can also be stressful time. So, the last thing you want to do is to take on another major project or purchase while your new home is being built. Focus this year on building your dream home. Save any other major projects or purchases for next year. You’ll stay saner and you’ll be better able to enjoy the building process.

Looking for a Custom Home Builder in Georgia? Call Trinity Custom Homes

If 2017 is the year you’re finally having your dream home built, then get the home you’ve been dreaming about by calling Trinity Custom Homes. We’re one of the leading custom home builders in Georgia and we have an experienced team of architects, interior designers, and builders just waiting to help you get the home you have always wanted.

Find out what our customers are saying – check out our latest Trinity Custom Homes reviews! Or, to learn more about what we have to offer you, call Trinity Custom Homes today at 888-818-0278.

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