Choosing the Ideal Building Company

There are many sides to building residential buildings. Many constructions can be seen mushrooming in all parts of the world. However, it is important to find the best building company to make sure that they can tackle all the issues that may arise. Some of the issues that may face the companies include short cash flows, the high cost of building materials and so on. Most of the building companies that have failed are usually the smaller contractors who tried to expand very quickly.

When engaging with the residential builders, there is information, that one has to ask so as to understand whether the company is robust or not. It is important to deal with a company that has a reputation that is long and well established. There are many companies in the construction industry that fail every year due to receivership and liquidation. The most common trait of such companies is the fact that they were still in the infancy stages and were under five years in operation.

What happens if a company fails?

Sometimes a building company may fail for one reason or the other. In such a case, the subcontractors and the homeowners suffer a lot financially. This is because they are caught in the failed process. The homeowners are often protected by a guarantee that covers the deposit loss or non-completion of any project. This is what gives the homeowners a lot of confidence. It is important for the customers to be very careful and only pay the sum of money agreed and depending on the stage of the work completed.

A building company should be very conscious about its cash flows. Most of the companies that have failed before do so because of time delays or sometimes post-rebuild the kind of delays from the insurance companies. There are managers who fail to concentrate on the finances and instead keep on seeking out some new clients. Sometimes the staff may need to take time off due to illness or injury and thus drag the schedule behind. In most cases, the smaller companies are greater impacted because of the limited number of staff.

With the current economic situation, everything seems to be rising in price. There are things like scaffolding have to stay at the site longer than before to adhere to the set safety laws.

How homeowners should find the right partner

To ensure that you find the best building partner, the traditional method can be applied where you ask for recommendations regarding the best player in the market. It is important to get out and see the kinds of projects that the potential companies are working on and get a feel of the quality. You should also talk to other people who have already been through a building experience and get their opinion and recommendations.

If you find that a builder has some projects that have stalled, it is a very bad sign and should be your reason for thinking deeper about your options.

If a builder happens to mention things such as provisional costs or if they say that, the prices will be confirmed later, that is a contract to avoid at all costs.

Building a Shed In Your Backyard Can Be Achieved With Limited Woodworking Experience

Did you know you can build a storage garage such a wooden storage shed in your backyard with little or no woodworking experience? All you need is step-by-step shed construction plans that will help in every step of the construction process. These plans should help you complete your shed construction process in a timely and cost-effective manner.

These shed plans should a number basic aspects of the construction process. These must include the following:

1. What Type of Shed Is Best Suited For My Type of Property and Needs.

The type of shed you will build often comes down to the amount of woodworking experience you have. This includes any construction experience you have building a home and other structures such as barns. You may want to considered the pent roof shed as it is the simplest of the various designs to build. The pent roof shed uses a mono roof design. This means the roof is one piece and consist of a single pitch. It is great for storage and can be easily constructed next to a building such as barn to give it added structural support.

Another shed to consider is the clerestory style shed. This shed is excellent for storage and can be used as a work place or office clerestory windows located in the roof. These windows allow the sunlight penetrate deep into the structure. However this type of shed will be more difficult to build than the pent roof shed.

2. The Foundation Needed With Regards To The Location and Topology of Your Backyard.

The type foundation will also need to be considered. Your foundation will help keep the structure stable and keep it from moving. A concrete foundation is best for this but will be more expensive to build. A skid foundation will not be as expensive to build but will give you the opportunity to move the structure if need be depending on the topology and environment you live in. This type of foundation may be the best option as your shed may need to be moved to a different location because of environment impact on your backyard..

3. The Type of Roof Your Backyard Shed Will Use

The type roof your shed will use depends on a number of factors. One of these factors will be your woodworking experience. Another will be the function of your shed. The gable roof shed, which uses a two piece roof with each side having the same slope, will be great for storage. However this type of shed will be more difficult to build than a pent roof she. The barn style shed could also be considered as the space underneath gives you even more storage space.

Whatever the type of shed you choose to build consider using proven shed construction plans. Using proven shed plans will help you save time and money.

Best Regards

Tips for Making Use of Natural Lighting When Building a House

Natural light is bestowed by nature free of any charge. The more of it that enters your house, the more advantages you’ll get from it. Imagine the cost you’ll be able to save from your electricity bills. It also give a refreshing glance of your house because it imbibes positive energy. Here are some tips to let natural light help enlighten your house.

  1. Build house to where the sun is oriented. Most builders recommend to have most windows face the south direction. They will get the most sunlight than have it lost. According to experts, north light is more pleasing and free of glare.East and west-faced windows gets more sunlight but they can be difficult to manage and can trap more of the sun’s energy and give a hotter feel. If you can’t avoid having east and west-faced windows, be sure to have low E-coatings on those windows. Deciduous trees can also help give shade during the summer months, and let more sunlight enter during the winter months because they shed leaves.
  2. Have light control materials in your windows. Curtains and blinds are light control materials that will help natural light enter your house depending on the amount you want. During the first hours of the morning, it is good to get sunlight in because it gives a refreshing energy to move. As the day heightens, the curtains and blinds will help you control the amount of sunlight. They may seem low tech but they can help keep in or keep out the amount of sun’s light you just need.
  3. Have daylight harvesting system installed. This is an automated system which through the help of sensors and detectors can control the light inside your house. It combines natural light and artificial light to illuminate the parts of the house. This system detects the natural light intensity and signals the artificial light to give off the right percentage of luminescence to give an atmosphere that will be conducive for movement and productivity.

Natural light is important in a house. Aside from illumination, it gives health benefits particularly to the skin which needs the natural vitamin E that it gives. However, maintaining the amount of natural light that enters the house is still within the control of the owner. Through the tips given above, it is hoped that you somehow grasped the general idea of how to keep natural light inside your house just as you need it.

Green Home Building Trends For 2010

Although the building industry had a dark year in 2009, Green building seemed to somehow stick out and shine. According to the Multiple Listing Service date, certified sustainable green new homes actually rose the past year in the northern west coast areas like Portland and Seattle. This trend is believed to spread over the U.S. and green building is expected to grow within new home sales. Already new home sales are on a rise from a year ago with March of 2010 seeing the biggest jump in new home sales in 47 years. So what trends can we expect to see in 2010 in green new homes?

1. Energy Monitoring Home Dashboards. The increasing demand for energy efficient homes, the development of a custom web-based display panel within the home, will show real-time home energy use. This sophisticated produced can break down the real time energy use of homeowners appliances, which will help a homeowner change the way they use their electricity. For example the way an electric car miles per gallon indicator encourages the owner to adapt their driving habits, new homes that offer these Dashboards may encourage homeowners to reach lower energy use. Dashboards will also increase the probability that homeowners of green homes will reach the Energy Performance Score.

2. Energy Efficient Green Home Labeling. Like the miles per gallon label you would find when searching for a new car, energy rating systems for new homes has become popular among legislators. This energy rating system will make it easier for home buyers to see the energy efficiency of one green home compared to another. Each homes score will be available on the MLS.

3. Lenders and Green Homes Make for a Better Bottom Line. Lenders have come to the conclusion that green new homes are better for their bottom line. By seeing a trend of green home owners being more responsible and less probable to default on a loan, due to the fact that most green home owners are more accountable and likely to place higher value on home maintenance. Home owners are also less likely to default due to the decrease in energy coast within their green home. Lenders are now working to get reduced-rate loans and insurance packages for green new home owners.

4. Less Is More. Back when the housing market was booming, a larger homes lead to greater equity. However since that “bubble burst” this is no longer the case. With energy prices expected to rise over time, and the Federal Reserve likely to raise interest rates during 2010, home buyers are likely to feel more at ease with smaller new homes.

5. Water Conservation. Did you know that residential water usage accumulates for more than half of the public water supplied? The EPA decided in December 2009 to implement WaterSense. WaterSense specifies that new homes will need to reduce water use by 20 percent than conventional new home. Mandatory energy labeling in Europe already documents the water efficiency.

6. Net Zero Homes. A net zero home is a green home that generates more energy than it uses over a year. This is done by building a fairly small new home that is extremely energy efficient and uses on site renewable energy like wind, solar or geo-exchange systems.

Home Construction Loan – Why Building Your Dream Home is a Better Investment Than Buying

Picture your Dream Home. Does it have a hot tub? A screening room? A subterranean garage for your collection of vintage roadsters? Everyone knows what their dream home looks like. So why do so few people actually build it? The truth is that building the home of your dreams often costs less than buying a house on the market. All it takes is good plans, an experienced contractor, and the right financing. Today, that means a construction loan.

In the past, the federal prime rate was so high that it made construction loans very expensive. People didn’t want to pay large sums to borrow funds, so they would finance their home construction with a line of credit on an existing home or by spending their cash reserves. Problems often would occur if the funds ran out or if the project went over budget.

With lower rates now available, more and more people are turning to construction loans. Not only are they economical, they also provide built-in protection for your project to ensure it is completed on time and on budget.

Even with dropping home values, home construction nearly always costs less than purchasing a home on the market. This includes buying a lot or a “tear down” and building from the ground up, as well as adding improvements to your own home or a property purchased out of foreclosure. Borrowing money for these types of projects is better than draining your own funds because, as all good real estate investors know, using leverage increases the return on your investment and allows you to invest your money elsewhere. With a construction loan, borrowers only need to invest a minimum amount of funds into the project (generally 5-20% of total project cost) and can finance the rest. Simply put, using debt to finance the building makes your home an even greater investment.

They also offer safeguards that help keep your project on time and under budget. First, the bank issuing the loan works hard to ensure you are working with a reputable builder. Most banks require that the construction loan request include a contractor package that needs to be approved. If your builder has bad credit problems, past lawsuits or has received complaints to the licensing board, the bank will generally catch this information and reject your builder. Second, the bank issuing your loan watches the construction process from start to finish. Unlike loans that are issued as a lump sum, with a construction loan the bank requires that your approved contractor submit for draws to get reimbursed as each phase of work is completed. The bank even schedules site visits to ensure that the work is done in a satisfactory manner and on time. The bank is offering to do due diligence on your builder and project.

Upon completion of the construction phase, some loans seamlessly rolls to permanent mortgage which is why they are known as a “one time close”. What will you have achieved by building your own home? Even more than the satisfaction of living in your dream home, the result and impact on your balance sheet can be dramatic. Upon completion, you will own a home valued at the full market price of a new home for the cost of the land purchase and construction, often as much as 25-30% less than the retail market value.