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It may be surprising to know that there are hundreds of people in St. Louis who successfully build their own home every year. When many people think about building their own home, they get an over whelming feeling of fear and confusion. Besides the difficulty of knowing all the rights things to do, they hear the horror stories from people who have tried the apparent difficult task. But, there are just as many great success stories of people who have succeeded and were able to move into their house with $50,000 to $100,000 equity and only have minimal problems. Most people who build their own home are people just like you and me, who want a lower mortgage payment and to achieve the American Dream.

With any great endeavor there are risks. What you must decide, is if the great rewards are worth the risk. The saying goes, “our judgment is only as good as our information.” So, you need to be informed about the possible rewards and pitfalls of building your own home. Only at that time can you make a well informed decision as to whether building your own home is right for you. This report will explain to you the great rewards of building your own home while being able to avoid the pitfalls that can arise.

PETERSON CONSTRUCTION & CONSULTING’S TOP TEN REASONS TO BUILD YOUR OWN HOUSE

The # 1 Reason

1. Move into your new home with up to $100,000 in equity and smile all the way to the bank. You are now able to get ahead in the game of life. You are on your way to becoming financially independent. You can even build over and over again and after five or six times maybe even own your home free and clear.

2. Affordable Upgrades. Because you will be in charge of building your house, you will work directly with the subcontractors. You will not have to pay a general contractor’s mark up for him to build in the custom items in your home. You will be able to shop for the best bargains on lighting, door knobs, or anything.

3. Own and Live in your Dream House instead of renting or just getting by. Because of the equity you have built into your home you are able to get into the home, and have your mortgage payment be less than the rent you were paying! Or perhaps you thought you could never afford your dream, but now that you are building your own home you can afford building a bigger, nicer, quality-filled home.

4. Be in control of your own project. If you want your house built a certain way, you have it done that way. If you want to make a change like moving a wall or a window you are able to do it at a minimal cost; and will not have to listen to a general contractor complain, telling you how it’s not possible. You can decide how quickly or how slowly your project is completed.

5. Personal satisfaction of having successfully completed a major project. You will rightfully feel proud of yourself. You coordinated 30 individual subcontractors, got them to start and finish work at a specified time and brought the work in on budget. You scheduled materials to be delivered and inspections to be performed, and resolved any conflicts. You saw your house go from an idea to a real building. You did it!

6. Sharpen your eye for detecting quality workmanship. You will visit your house often watching in detail the progress and you will begin to see workmanship like you have never seen it before. Now, as you walk through buildings you will look at specific details and be able to decide how good the workmanship is or if there is room for improvement. You will have definite educated opinions.

7. Increase your understanding of home construction. Because you have just successfully completed your house, you can look at other homes around town and better understand what it took to put those buildings together. Also, an added benefit is that projects or repairs you do around the house will be easier because you have a good understanding of how the house was put together.

8. Develop negotiating skills. While most owner builders will not experience heated conflicts while building, there may be times you will need to negotiate a disagreement you might have with a subcontractor. You will learn how to not be taken advantage of. You will learn when to agree, and when to stand firm. These skills will be valuable the rest of your life.

9. Utilize your organizational skills. In order to be successful in building your own house, you will learn to be more organized and to sharpen the skills you already have. Learning these will benefit you in all facets of your life. You will be able to get more done at work or be more organized at home.

10. Brag to your neighbors about your low mortgage payments or about the new boat or car you were able to buy because of your savings. Because of the potential for saving thousands of dollars, you can use some of that equity to apply to your mortgage for lower payments or for a new car or boat and wash it in your new front yard every Saturday or be out on the lake soaking up the rays, while your neighbor, who had a contractor build his house, is sitting next to his kiddy pool yelling at the kids not to splash him.

THE TOP SIX PITFALLS OF BUILDING YOUR OWN HOME

1. Work done in the wrong order so you have to undo work or fail inspections. You were not informed as to the proper order construction needs to happen, so work had to be undone and redone to be done properly. Also, you missed an inspection so you have to pull off some of the drywall so the inspector can inspect what is underneath.

2. Own a house over-run with poor quality workmanship. You used subcontractors because they were cheap. The quality of their work did not show up until after you moved in. Then things began to fall apart.

3. Egyptian Pyramids were built quicker then your house. You did not have a realistic schedule for your subcontractors, so you had many delays waiting for subcontractors. You could have avoided the delays if you had known when to call the subcontractors. Because of the delays you spend more money on construction loan interest and rent.

4. You paid the subcontractor but the job still is not finished. The subcontractor said he needed the money to finish the job. So you paid him and then had a heck of a time getting him back to finish the work.

5. You get no respect from subcontractors. You have no pull with the subcontractor due to the fact that you are a one time project so when they get busy, you are the last one they do work for. This costs you interest and time.

6. Develop health problems you never knew existed from all the stress. You experienced sleepless nights, expanding wrinkles, frightening stomach pains, and gray hair growth because of building problems that could have been avoided.

YOU DECIDE

Imagine building your own home and saying to family and friends, “I built my own home and loved every minute of it!” That may be a bit extreme but it can happen. You may not love every minute but you will love the savings and satisfaction of successfully building your home. National Home Building Consultants has created an Owner Builder package that is designed specifically to fit anyone’s needs. We will be with you every step of the way, helping to avoid costly mistakes and unseen pitfalls. You are never left alone. By incorporating the Consultants Plan you will enable yourself to save literally tens of thousands of dollars.

You don’t have to imagine anymore. Your dreams can become a reality with Peterson Construction and Consulting. Make an informed decision and Call for a free Project evaluation and ask about our money back guarantee. Call now 314-550-1286.

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