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
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 …
When is the Best Time to Buy a House in Arizona? Read More »
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 …
Your Guide to Driveways: Alternative to Concrete
If you have ever built your own home or made extensive renovations to an existing home, then you know there are hundreds if not thousands of choices to make and options to consider. It is honestly one of the primary reasons that homeowners turn away from new construction. But it can also be one of …
Your Guide to Driveways: Alternative to Concrete Read More »
5 Things to Consider When Purchasing a Lot
Searching for your dream home can be quite a task. Especially when you just can’t seem to find a home that checks every box on your list. Of course, you can buy an existing home that is as close to perfect as possible and then complete renovations to your liking, but there is a better …
5 Modern Kitchen Design Ideas For Seriously Upgrading Your Space
Some design trends come and go, but one aesthetic that never goes out of style is sleek, modern design for the functional spaces in your home. Whether you’re an avid gathering host or you prefer a quiet night in, having the right modern kitchen design for your lifestyle can completely transform the overall look and …
5 Modern Kitchen Design Ideas For Seriously Upgrading Your Space Read More »
How To Buy A New Construction Home
The home buying process can be an overwhelming experience, whether you’re a seasoned property owner or a first-time buyer. But if you’re ready to finally score your dream home and maximize the long-term benefits of this life-changing investment, then buying a new construction home is one of the easiest ways to build a stable, loving …
5 Rustic Kitchen Design Ideas To Give Your Space A Cozy Makeover
Your kitchen is the heart and soul of your home. But if modern minimalistic designs like these don’t exactly give you warm and fuzzy feelings, you might find yourself struggling to achieve the cozy kitchen corner of your dreams without compromising on great style. Sound familiar? Then it’s time to embrace the growing rustic kitchen …
5 Rustic Kitchen Design Ideas To Give Your Space A Cozy Makeover Read More »
Is Buying a House Advised Now with Rising Mortgage Rates?
After a record low of 2.65% in 2021, forecasters projected mortgage rates to rise between 3.27% and 3.88% in 2022. Now they’re almost as high as 6% for the typical 30-year fixed mortgages. Normal variables that affect home-buying decisions may not necessarily apply this year due to unusual market fluctuations. High mortgage rates and other …
Is Buying a House Advised Now with Rising Mortgage Rates? Read More »