| One of the questions many people have with respect | | | | you're building your dream home. This is the |
| to homes is whether to build or buy. The answer to | | | | maximum amount you can spend. |
| that question really depends on your situation and | | | | #3: Make sure your vision and your budget match - |
| your priorities. If you need a place to live fast, and | | | | This can be the most difficult step. At this point, you'll |
| you're willing to compromise on some features, then | | | | probably need to hire a professional to give you an |
| buying is probably your best bet. If, however, you | | | | estimate of how much it will cost to make your |
| have a vision in mind and nothing else will do, then | | | | vision of the perfect place to live a reality. If that |
| you may want to build your dream home. This is the | | | | estimate is too high, you'll need to make some |
| only way to ensure you'll get everything you want. | | | | sacrifices. |
| Here are five steps to follow if building your dream | | | | #4: Purchase land - Find a plot of land that offers |
| house is a project you want to undertake: | | | | ample space for your dream home and any other |
| #1: Design your home - You don't have to be an | | | | things you might want to add (like a garage or a |
| architect to do this. If you're artistic, you can prepare | | | | swimming pool). |
| a sketch of what you want your house to look like. | | | | #5: Start building - After you've completed the above |
| Or, you can simply write down on a piece of paper | | | | steps, it's time to put the project in the hands of a |
| what features you want your house to have. Be as | | | | team of professionals. Shop around to make sure |
| specific as possible - consider everything from the | | | | you're getting a fair price, and hire licensed and |
| size of the closets to the layout of the kitchen. | | | | reputable contractors. If things go smoothly, you'll be |
| #2: Decide on a budget - Just like if you're buying a | | | | in your dream home in no time at all. |
| home, getting a pre approved mortgage is crucial if | | | | |