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Home Builder Program

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Action Plan Overview
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Sample Action Plan for the Following Goal:
I want to build a $200,000 home for $165,000 in the next three years.

1.	Start a Chimorel's Home Builder Program. It may not be essential to use our program, but if you want to save 15-20% or more it will be critical that you learn how to build a house, where to buy your materials, where to get contrators, how to negotiate terms and a lot more. You are learning to be your own general contractor. Click the Home Builder Program link in the left column to explore this option is significant detail. You will leave this area of the website.
2.	Locate and buy/have property to build on. You may want to partially design your home and secure financing first, but your property location will influence your design and the cost of your property will influence your financing.
3.	Design & plan your home. Plan to do as much of your own work as you can, but don't try things you can't do or don't have time to do right. The design and planning stage can be very time consuming. Until you know what you want to build, you won't know what it will cost and won't be able to get permits. Most of your savings will start in the planning stage.
4.	Secure financing. Once you know what it will cost, you need to find a way to pay for it. Chimorel can teach you how to build much more than you might think you can afford, but at some point you will probably need a loan. If your credit is weak, address this problem first. Plan but don't build until you are actually ready.
5.	Get permits, negotiate terms. Don't even think about building a house without pulling all of the required permits. Your subs will pull many of the permits for you. Be sure they are licensed. The worst that happens is you could be required to tear down your house and start over. That's not a good way to save money. Negotiating a tough, clear contract that you enforce with each sub is a good way to control costs. Plan ahead and eliminate as many "extras" as possible.

Building a house is absolutely not this simple, but this action plan gives you many of the basics. To explore much greater detail, click the Home Builder Program link in the left column.

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