CA-RD Custom Home & Architecture Podcast

PODCAST EP 009 - FINANCES - And The Custom Home


Listen Later

Here are key things to listen out for: 

What's the right amount to invest in your dream home?

Some standard costs you will incur during the house design process

How to find the right bank for your construction loan

Key Highlights

[00:26] Introducing today's topic

[02:32] How much should you invest in your dream home?

[05:57] The need for budgeting

[07:28] Who is the right team for you?

[08:43] Finding the right bank for your construction loans

[10:16] Common house design costs you'll need to cover

[13:53] Planning for contingency

[15:02] Working with time

[17:55] Working with the weather and other unexpected costs

Notable Quotes

● A rule of thumb I like to use is you shouldn't be spending more than 30% of your monthly income on a home. 

● I found that in almost every single case, a client has become my friend, like a family friend that I consider a lifelong friend.

● A home is a biological living thing. It's all integrated. For it to be successful, you're not just slapping stuff on it.

● A permanent home could be a month to three months for a regular permit, assuming no special permits are needed. 

● The more specification and specifics you can get, the more success you'll have in getting what you want without surprise costs.

● Make sure that the specs you want and that you've signed up for are getting executed.

Resources

Connect with Us 

Instagram: https://www.instagram.com/cardarch/ 

Website: https://www.ca-rd.com/  

Remember to sign up for free consultation on CA-RD.com.

Recorded 220429

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CA-RD Custom Home & Architecture PodcastBy JD Carling