Steps to Building a Home| New Home Building Tips

In this modern era of convenience shopping, buying a house is probably the most longwinded purchase you'll ever make. One of the major time eaters of the whole house buying procedure is the conveyancing process, which is the transfer of ownership of real estate from one person to another. It may sound like a very simple process but it can easily take two or even three months to complete.

As it a legal process, a large majority of people employ the use of a solicitor or licensed conveyor to carry out all the legal work. The conveyancing process begins in earnest once an offer has been made and accepted on a property and both parties have exchanged details of their solicitors. However, even once you have accepted the offer, you must remember that it has been made subject to contract and survey. Your solicitor then liaises with the other solicitor at what appears to be a snails pace to complete the legal documentation that is required in transferring ownership. As the process can be very slow it can become very costly, so many people are now making the decision to do their own conveyancing. However conveyance is one of the areas of the property transaction that is the riskiest, most labour intensive, and filled with a vast amount of legalese (legal jargon). But you will find that doing it yourself will save you hundreds of pounds, as there will be no fees to pay, no mark ups or VAT on any disbursements that you may have to pay to a legal professional..

If you do some research before hand it can be beneficial because it can help you have better knowledge of the whole process of conveyance. The main benefit of doing your own conveyance is that you maybe able to do it much quicker if you devote the sole of your time to it.

However not everyone should rush out and do their own coveyancing, this is because it is very complicated and you need to be confident in your ability of not to make a mess of it, as you could face severe penalties for any mistakes. Also make sure that you do not miss any thing from the list of activities that a solicitor would normally do. If you do everything in a sequence and in plenty of time it should be fine.

The main problem that you are likely to face would be the lease and the contract. This is because it is the part where the solicitor would draw on their expertise on the process. So you need to careful and attentive and thorough in all your dealings with these documents. Also make sure you understand all the terms and conditions and the implications of all the clauses. Keep checking everything you have done and make sure everything is spelled correctly.

Even when you are sure you have done everything, it may still be worth getting a solicitor to give your work the once over and to ensure you haven't missed anything important or made a huge blazing error. You should be able to find a solicitor who will do this for you for around £100. Hopefully after getting every checked over by a professional it should bring you peace of mind.

The process of doing the conveyance may seem to be long a labour intensive, but if you are dedicated enough and organised enough to do as much research as you can, any thing is possible. But it is important to remember to keep checking what you have done.

The stresses of life are numerous and the opportunities to enjoy ourselves, our family, and our friends are precious. We are only afforded a few chances a year to truly be ourselves and rarely do we take notice and take advantage of these chances. Living in a city makes it painfully obvious that our freedoms are limited, our independence is conditional, and our peace of mind contingent on material realities, but these concerns which affect and dilute the living experience need only cloud the mind for eleven months out of the year. If you are considering an escape, or a place to relax, there is no more perfect sanctuary and vacation that a trip to a newly built summer dwelling. Consider the advantages of different locations when planning to build a new home away from home.

Maine, or as it is better known to families with summer houses on its pristine and secluded lakes, "the vacation state", is one of the prime pieces of real estate to consider when attempting to build new quarters in which to spend your summers. Maine has a relatively small population that is comparatively high in spirit and humor, and is home to all ages and professions of people from lobsterman and lumberjacks, to vacationers and writers. The great Stephen King at one point called Maine home, and used the peaceful state as the backdrop of many of his most famous stories. As a location to build a summer dwelling, Maine is optimal for the hardy individual who doesn't mind a little precipitation, has a love of outdoors and a love of company. As if these qualities weren't enough, Maine is home to arguably the best lobster in the world, an excellent treat for the vacationer spending time in the newly built home away from home.

On the opposite end of the climate spectrum, temperate New Orleans has become another ideal spot to build a new vacation residence. Partly due to the tragic events of Hurricanes Katrina and Rita, the price of land in New Orleans has dropped and now is an excellent time to consider building a house on the outskirts of this famous Louisiana city. One need not feel too terribly the pangs of guilt, as New Orleans locals welcome the opportunity to meet new neighbors and will be more than glad to indulge your desire to tour (and spend) in the Crescent City. However, building a new summer house in New Orleans should not be taken as an invitation to disrespect the culture and the history of the city. While the price of land in the South is historically low right now, the vibrancy and dignity of the people who have been affected by the dropping prices and disastrous misfortunes around the coastal region remains in tact, and should be taken at all times as deserving of the utmost respect and consideration.

While there is no perfect place to build a summer abode, the opportunities afforded by Maine and Louisiana provide ample chance for the perspective home-builder to find their niche, build a new house, and start to feel at home.

Where you build your Dream Home is in many cases the most critical decision you can make when deciding where you are going to build your Dream Home! Many Owner Builders think they have it all figured out when it comes to lot/homesite selection but in my experience I have seen many get this wrong time and time again! In fact this topic is so important that I personally think you could never research this enough and the time invested in the process of deciding where to build your Dream Home is vitally important to the financial success of your Custom Dream Home project! After all what good does it do to have a Custom Dream Home that you spend hundreds of thousands of dollars to build only to have that investment not grow in value over time because you picked the wrong community to build in!

So what things should you consider when researching where you should build your Dream Home.

#1. "Follow the Smart Money!"

Simply stated, this strategy is finding out what major developers are planning to do in the area! Are there are master planned communities in the vicinity that are either in the planning stages, under construction or currently seeking civic approval. This is vitally important as master planned communities are major contributors to value increase and land value appreciation due to the extensive research and resources they engage into a given area. A master planned community is a development that not only includes starter, move-up & estate homes within the development, they also include the plans for the schools (elementary, middle & high schools) as well as apartment complexes, commercial development like grocery stores, retail strip centers and quality of life amenities like parks, walking trails and entertainment facilities for the entire family.

#2. Build in or close to a Master-Planned community development.

As I stated above the developers for these master planned communities have spent hundred of thousands of dollars researching the area and it's viability and you can piggy-back off of that knowledge by building in or next to these master planned communities. Another benefit to this strategy is you get to take advantage of the HUGE cash investment the developers are making into the area as far as commercial development (malls, strip centers, gas stations, schools and hospitals). Fast access to these creature comforts have a dramatic impact on the popularity and potential appreciation of a given area.

#3. Exodus from Suburbia

A few years ago there was a really good documentary that was done by this name "Exodus from Suburbia" and in a nutshell it foretold what we have experienced in the last 6-9 months regarding gas prices here in America and the world for that matter! This documentary talked about how gas & energy prices would continue to rise and thereby force the population trends and migration to shift from the suburbs back to the inner city due to the cost of gas. I have personally watched this trend have a dramatic impact on Inner-city land prices here in Houston as I can recall lots in my old neighborhood that sold for as cheap as $5000 back in 2002-2003 are now selling for $35,000! The Inner-city areas of cities all around the country are undergoing a major renaissance and are definitely worthy of consideration.

#4. Do not buy too far ahead of the "curve!"

This strategy speaks to buying in new areas that are anticipating development that has not yet started! I have a client who I am working with right now and the waterfront lot they are buying costs $55k however the person they are buying the lot from paid $69k six years ago! So the person we are buying from in essence bought "too far ahead of the curve!" They bought several years in advance of this area really becoming popular and now many are selling for a loss! The reason this happens is because people do not perform adequate research to determine just how much is planned as opposed to how much has been approved and/or are presently under development.

You see when the land owner bought the lot six years ago for $69k, no major master planned communities were planned and there was no catalyst for the area becoming a popular destination. However 3 years later, a major developer purchased land in the area and announced a proposed community that over time manifested into what has become Houstons most expensive middle class community. So he had the right idea in purchasing in that area he just did not have the right timing and as a result of that he lost several thousand dollars.

Let me explain... see there are many "proposed" projects in a given area and it is good to make note of those projects but more importantly you want to be aware of the projects that have gone beyond proposed and are now approved and have begun construction. You see many proposed projects never get off the ground for a variety of reasons so you never want to invest your financial future and Custom Dream Home on something that is proposed that never gets off the ground. So when performing your due diligence, be sure to look at what projects are currently under construction and do not be afraid to pass on an area that seems too speculative.

Hopefully you have enjoyed reading this article as much as I have enjoyed sharing this valuable information with you. This is just a snippet of the information I share to my subscribers and I trust that you visit us and join with us, until the next time, I wish you the best with your Custom Dream Home project.