How to fund the construction process?
If you are one the lucky people you will be able self finance yourself but if self financing isn’t possible for you then there is no need to lose hope. There are several options out there that you can adopt to build yourself the beautiful dream home; you can go to a bank and ask for mortgage loan, the bank can present you without different paying back options with different rate of interests and you can choose the one that is most suitable to you however this form of loan requires excellent credit history and if that’s not the case you may face a difficulty in seeking a loan. On the other hand people with not so good credit history should not feel shattered because they can easily ask for a Federal Housing Administration (FHA) loan. The biggest advantage of this kind of loan is that it requires modest money for a down payment equivalent of 3% and you can obtain the same interest rate as borrowers with good credit. An FHA loan gives 100% of the loan and will allocate you to finance closing costs; dare to dream my friends and everything else would work out on its own.

What kinds of accessories will you chose for the home you will build?
This is the second most important question when it comes to building a house and you must plan all this beforehand. Once the construction process starts money flows like a river therefore you must have rough estimate in mind regarding your spending. It is advised you do some window shopping and get an estimate of the accessories prices so you can prepare a budget; then you can present the budget to your contractor so he knows the kind of accessories he needs to get. The process can be done the other way around too, for instance your builder might present you with different options such as designer kitchens with stainless steel appliances, luxury bathrooms with saunas and whirlpools, and floors made of wood or tile etc then be smart enough to take some out time out to research and review these options and decide for yourself if they are worth such a heavy investment of a lifelong loan. Try to make wise and useful investment with it comes to building a house instead of cosmetic improvement such as decorator tiles and granite counter tops in the kitchen opt for heating/cooling system which will probably save you money on utility costs over your lifetime.

Is your construction site secured?
When taking the decision of building a house do not ignore to get a proper insurance policy; there is a high probability of loss and damage on the construction site and it will only be an intelligent thing to do if you protect yourself from sudden unanticipated occasions. This may seem a little extreme now but once the construction process starts you would realize what a smart decision you took.