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You have a dream to build
your log home. That is where it all starts. Two, three, five
years later you are getting ready to build. So, what to do and
when to do it.
Buy Your Land!
First, buy some land. Buy it
soon. Land will only appreciate over time. So, find your
perfect setting and write a purchase contract. We offer lot and
land loans up to 30 year terms without prepayment or balloons. Our
loan programs offer up to 95% financing and may allow for the financing
of closing costs.
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land. Most important is that the equity in the land can count
toward the construction project. So, if you buy 20 acres for
$100,000 now and in 3 years it is worth $200,000 you have $100,000 in
equity toward your project. Most banks will require that you have owned
the land for a minimum of 6 months to realize any equity in the project.
The acquisition of your property is where it all starts. You have a dream to build
your log home. Two, three, or five
years later, when you will be ready to build, we will be here to assist
you with your log home construction loan. Next, you will need a
home.
Log Type
Now that you have secured your building
site, it is time to find the perfect home to build. Some of our clients spend up to 5
years researching the home of their dreams. This is your dream
home, so take your time. Get some magazines. Log Home
Living, Log Homes Illustrated, and Log Home Design are
just a few. This is great place to get ideas of what you like and
do not like. This should you to narrow down to a few log
companies. There are really two schools for log
homes. Milled and Handcrafted.
During your research your personal style will
become evident. Either you like the uniformed look and the
smaller diameter of Milled logs or you will like the larger, rustic look
of Handcrafted logs. Then, you will need to choose between chinked vs. chinkless and kiln dried vs. air dried. From there
you will have eliminated most of the log companies that do not produce
what you are looking for in a log home. Now, you need to select a
supplier. Find
your Supplier
When you have narrowed your selection down to a few suppliers, start to
research them. Visit a log home show in your area. Most
companies that build in your area will be represented. This is the
perfect opportunity to talk with several suppliers at once. Like
with anything in life, you will hit it off with some people and not with
others. Since building your log home may be a year long
relationship, you should be comfortable with the company you select for
your log package. Go to a log stack
or two. This will give you a first hand look at the home building
process. Some companies deliver a log package and you or your
builder is responsible to stack the home. Other companies stack
their own homes in a few days as part of the package. Another
decision to make when selecting a log supplier. Do you want to be
the one stacking your log home? Or would you rather let an
experienced crew do that? Or do you can pay a builder to figure it
out? Now
you are getting closer to
selecting a supplier? You can now see why you need to get
pre-approved before making design decisions.. >Learn
More about the lending process |
