How To: Buy Land And Build A House
: Expect to put down 20% to 25% for conventional construction loans. However, FHA One-Time Close loans may allow as little as 3.5% down for qualified buyers. 4. Preparation and Permitting
Before breaking ground, you must handle the "invisible" work: how to buy land and build a house
Building a custom home is rarely a DIY project. Most people hire at least three core professionals: : Expect to put down 20% to 25%
: Building the "skeleton" of the house, including walls and the roof. Preparation and Permitting Before breaking ground, you must
: Verify the land is zoned for residential use. Check for easements (rights for others to use parts of the property) and restrictive covenants that might dictate house size or style.
: To create blueprints that meet your vision and comply with local building codes.
: This involves clearing trees, grading the land for proper drainage, and excavating for the foundation. 5. The Construction Process