Quick Answers...
Should you consider "Owner-Build" as a reasonable home building option?
OWNER-BUILT homes offer the greatest amount of savings,
but require the greatest degree of skill, time, and
risk. The owner-builder does all of the work, except for
specialized subcontractors/finish tradesmen. Only the
person with significant building experience should
consider this approach to home building. Many lending
institutions are not willing to risk loans to owner
builders without a high dollar investment by the owner
or by providing a loan for less than 50% of the value.
Dr. Ronn Phillips, Arch.D., and Bobbi Hauptmann, Environmental Design, College of Human Environmental Sciences, University of Missouri-Columbia
Can't Find Your Question Here? Try Searching Our Quick Answer Knowledge Base
Last update: Monday, May 18, 2009
 |
Site Administrator: |
|
|
|
