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5 Financial Mistakes to avoid while building home

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Looking to build your custom home and planning your finance accordingly? Check the presentation to know the 5 Financial Mistakes to avoid while building home, presented by Evolve Design + Build, a luxury home designer in Edmond. – PowerPoint PPT presentation

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Title: 5 Financial Mistakes to avoid while building home


1
5 Financial Mistakes to Avoid While Building
Home
2
Know The Details
Before you start make sure you have all the
details in place. Not just floor plans, you need
to know exactly what you want your new home to
be. There are plenty of small details which need
your attention. Make sure you have planned what
kind of tiles you need in your bedrooms,
washrooms and how much spaces you need to leave
for the furniture. You don't want to hold up
your contractors and mess up your home design.
3
Keep Resale Value In Mind
Even if you don't intend to sell your home, you
should always keep the resale value in mind.
It's the simple truth of life as none of us
really don't know where we will be in another
10-15 years. So it is better to be prepared for
the worst. You should build a home that is
easily sellable or you will have to sell the home
at a significant loss.
4
Keep Your Mortgage Balance Within Reach
Try to keep your mortgage balance within your
reach. You can always expand your home later
when you can afford it. For now, you need to
build a realistic home so that your mortgage
balance remains in control. If you dont try to
keep your mortgage balance in check then you
won't be financially secured in the future.
5
Do Not Sacrifice Amneties
You should not sacrifice the basic amenities
while trying to keep the mortgage balance in
check. Preventing your house from getting
expensive means knowing what are the must haves
and what are the extras for you. Your life is
not going to be same in the years coming. So it
is wise to plan for your future as much as you
can and keep the extras away.
6
Visit The Site During Construction
  • Visit the site during construction of your house
    as you definitely don't want to get surprised by
    the overly expensive home and a huge mortgage
    balance. Visiting the site often will also keep
    a tab on the progress. This way you can manage
    the fund flow a better way and won't be burdened
    with a huge loan.

7
Thinking of your dream home?
Contact Us Evolve Design Build 601 Sherwood
lane Edmond OK 73034 United States (405)
802-1135 evolvedesignbuild01_at_gmail.com
evolvedesignbuild.net
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