Levi KeswickBuilding a house is no easy task. It takes time, effort, and money to make it happen. But before you can even start construction, there are a few things you need to take care of. One of the most critical steps in building a house is getting all your paperwork sorted out.
It would be best to have your permits in order, your construction plans approved, and your financing in place. Without these six papers sorted out, you won’t be able to start building your dream home. So ensure you have them all taken care of before starting construction.
Building Permits
Depending on where you live, you might need a building permit, a zoning permit, and a septic permit. Without these permits, you won’t be able to start construction. So check with your local government to see what permits you need.
Building permits are obtained from the Building Division of your local government. On the other hand, zoning permits are obtained from the Planning Department of your local government. Septic permits are obtained from the Health Department of your local government.
The cost of a building permit varies depending on the size and scope of your project. Zoning permits and septic permits also vary in cost depending on the size and scope of your project.
Surety Bond
It acts as an insurance policy that protects the homeowner from financial loss if the contractor fails to complete the project or the work is not up to par. The surety company that issues the bond will reimburse the homeowner for any financial losses up to the bond amount. The contractor will then have to repay the surety company for any money paid out. Therefore, a surety bond is a way to protect yourself financially if something goes wrong with your construction project.
The surety company that issues the bond will reimburse the homeowner for any financial losses up to the bond amount. The contractor will then have to repay the surety company for any money paid out. If you’re planning a construction project, you should talk to your insurance agent about getting a surety bond.
However, you need the best bonds to get the best services. And the way to do this is by looking for a company with extensive industry experience and a good reputation. Try to get free quotes from different companies so that you can compare them and choose the best one. Also, take time to learn the Axcess Surety Bonds application process. A good company will make the steps friendly and easy to follow. Some firms even specialize in contract bonds, making them the best to consult.
Construction Plans
These plans are essentially the blueprint for your house. They include everything from the house’s layout to the materials you’ll use to build it. Your local government must approve construction plans before starting construction.
Therefore, when developing your plans, you must work with an architect or designer familiar with your area’s building code requirements. This will ensure that your plans are up to code and approved by your local government.
Homeowners Insurance
This insurance protects you from financial loss if your house is damaged or destroyed by fire, wind, hail, or other disasters. It also covers you if someone is injured on your property. Most lenders require homeowners insurance if you’re financing the construction of your house.
The cost of homeowners insurance varies depending on the value of your house, location, and the amount of coverage you need. It would help if you talked to your insurance agent about how much coverage you need for your particular situation.
Bill of Quantities
This includes everything from lumber to nails to windows and doors. This document is essential because it helps you get an accurate estimate of the cost of materials for your project.
The bill of quantities also helps you stay organized during the construction process. When you know precisely what materials you need, it’s easier to keep track of them and make sure you have everything you need when you need it.
Construction Contract
When you’re ready to start construction, you’ll need to sign a contract with your contractor. This contract outlines the scope of work, the schedule, and the payment terms for the project. It’s essential to read and understand the contract before you sign it.
Make sure you’re comfortable with the payment terms and understand what work will be done and when it will be completed. If there are any questions or concerns, ask your contractor before signing the contract.
Building a house is a big undertaking, but it can be a rewarding experience. You can ensure your construction project goes smoothly by taking the time to sort out the paperwork and get organized.
