How Does Land And House Package Work?

Customizing things has become a trend that everyone in the world is starting to swear by, and it is having a huge impact on the lifestyle decisions that people are making in the modern age. Most products these days have some degree of customization that they can offer to you, and while you might think it odd suffice it to say that houses function in a relatively similar manner as well at the end of the day. What we are trying to say is that homes are no longer just regular cookie cutter dwellings that all look the same, rather they have started to develop a high degree of uniqueness that is stunning in no small quantity.

One of the several custom home options that you can hire OJ Pippin Homes to provide to you is that of house and land packages. The way they work is that a real estate developer sets aside a parcel of land and creates several demos and spec homes that you can walk through. These spec homes can give you a clearer understanding of the sort of person you are, and the kind of desires you have with respect to your forever house.

You can then buy the land and have the custom home builder start work on the house that is supposed to exist on top of the land more or less immediately. That can help you to reduce wait times too because you would not have to go out searching for land that a house can be built on and you can instead just choose the land immediately and then wait a few months for the construction process to be completed.

How Much Are Closing Costs When Buying a House?

A lot of people look at real estate prices and wonder why more people aren’t home owners at any given point in time, and that has a lot to do with their inability to grasp the nuances of home buying and ownership in some way, shape or form. A big part of the reason why that is the case has to do with the fact that the price of a home is only a small part of what you are going to be expected to pay for it, and if you want to buy a home that is truly worth your while then suffice it to say that there would be certain fees and charges that you would also have to pay before all is said and done.

A great example of this that Mary Cheatham King often talks about has to do with closing costs during home buying. This would generally be between 3% to 6% of the final price of the mortgage that you are taking. A common misconception is that closing costs involve the total price of a home, but that’s not the case at all.

Rather, closing costs are calculated based on your mortgage after the down payment. Hence, if you are buying a $300,000 home, you would pay $60,000 as a down payment and your closing costs would be 3% to 6% of the $240,000 that’s left over. That means that you should expect to pay around $12,000 or so as closing costs which might seem like a lot but is necessary to enable banks to do business the right way and earn a profit for themselves as well as for shareholders.

Why Spending on a Custom Home is Worthwhile

If you are having second thoughts about spending on a custom home builder and you are contemplating on the idea of going ahead with the construction without any professional help then you have come to the right place, because this article is all about the importance of having a right custom home builder by your side and why it is always a good decision to put extra effort into finding the right one and spend some extra if need be.

First of all what you need to realize is that custom home builders help you create your dream home, and it is hard to assign a value to what this might mean to us as living in our dream home is something that we all long for, it is always a huge mansion with luxurious fixtures in it, but the way it might be designed or creating a perfect home with whatever means we have is something that holds value, we might not be able create it without the help of a professional.

What a custom home builder will offer you is that not only everything will be new and shiny in your new home, but it will perfectly designed for you, landscaping is something that we usually have to spend time on when we move into a new place, things might not click from the off and we start adjusting to how the house is already built, but that is never the case with a custom built house which is made to your liking.

In Chicago, Illinois there is no shortage of good custom home builders but very few enjoy a reputation like Icon Building Group does, they have been around for a while and their long list of happy and satisfied customers speaks volumes about their services.