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Kevin Daum - Building Your Own Home For Dummies

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Keep construction on track with helpful checklists
Turn your dream of a custom home into reality!
Thinking about building your own home? This easy-to-follow guide shows you how to plan and build a beautiful home on any budget. From acquiring land to finding the best architect to overseeing the construction, you get lots of savvy tips on managing your new investment wisely -- and staying sane during the process!
Discover how to:

  • Find the best homesite
    • Navigate the plan approval process
    • Obtain financing
    • Hire the right contractor
    • Cut design and construction costs
    • Avoid common mistakes
  • Kevin Daum: author's other books


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    Building Your Own Home For Dummies by Kevin Daum Janice Brewster and Peter - photo 1
    Building Your Own Home For Dummies

    by Kevin Daum, Janice Brewster, and Peter Economy

    Building Your Own Home For Dummies Published by Wiley Publishing Inc 111 - photo 2

    Building Your Own Home For Dummies

    Published by
    Wiley Publishing, Inc.
    111 River St.
    Hoboken, NJ 07030-5774
    www.wiley.com

    Copyright 2005 by Wiley Publishing, Inc., Indianapolis, Indiana

    Published by Wiley Publishing, Inc., Indianapolis, Indiana

    Published simultaneously in Canada

    No part of this publication may be reproduced, stored in a retrieval system, or transmitted in any form or by any means, electronic, mechanical, photocopying, recording, scanning, or otherwise, except as permitted under Sections 107 or 108 of the 1976 United States Copyright Act, without either the prior written permission of the Publisher, or authorization through payment of the appropriate per-copy fee to the Copyright Clearance Center, 222 Rosewood Drive, Danvers, MA 01923, 978-750-8400, fax 978-646-8600. Requests to the Publisher for permission should be addressed to the Permissions Department, John Wiley & Sons, Inc., 111 River Street, Hoboken, NJ 07030, 201-748-6011, fax 201-748-6008, or online at http://www.wiley.com/go/permissions.

    Trademarks: Wiley, the Wiley Publishing logo, For Dummies, the Dummies Man logo, A Reference for the Rest of Us!, The Dummies Way, Dummies Daily, The Fun and Easy Way, Dummies.com and related trade dress are trademarks or registered trademarks of John Wiley & Sons, Inc. and/or its affiliates in the United States and other countries, and may not be used without written permission. All other trademarks are the property of their respective owners. Wiley Publishing, Inc., is not associated with any product or vendor mentioned in this book.

    LIMIT OF LIABILITY/DISCLAIMER OF WARRANTY: The publisher and the author make no representations or warranties with respect to the accuracy or completeness of the contents of this work and specifically disclaim all warranties, including without limitation warranties of fitness for a particular purpose. No warranty may be created or extended by sales or promotional materials. The advice and strategies contained herein may not be suitable for every situation. This work is sold with the understanding that the publisher is not engaged in rendering legal, accounting, or other professional services. If professional assistance is required, the services of a competent professional person should be sought. Neither the publisher nor the author shall be liable for damages arising herefrom. The fact that an organization or Website is referred to in this work as a citation and/or a potential source of further information does not mean that the author or the publisher endorses the information the organization or Website may provide or recommendations it may make. Further, readers should be aware that Internet Websites listed in this work may have changed or disappeared between when this work was written and when it is read.

    For general information on our other products and services, please contact our Customer Care Department within the U.S. at 877-762-2974, outside the U.S. at 317-572-3993, or fax 317-572-4002.

    For technical support, please visit www.wiley.com/techsupport.

    Wiley also publishes its books in a variety of electronic formats. Some content that appears in print may not be available in electronic books.

    Library of Congress Control Number: 2004117535

    ISBN: 978-0-7645-5709-5

    Manufactured in the United States of America

    10 9 8 7 6

    1O/QY/QS/QV/IN

    Picture 3

    About the Authors

    Kevin Daum, from Alameda, Calif., is founder and CEO of Stratford Financial Services, an INC 500 real estate finance company. Under Kevins guidance, Stratford maintains a 100-percent approval rate on its custom home financing projects. Kevin has provided financing education for more than 20 years. He has underwritten loans for national institutions and managed real estate financing for entrepreneurs and celebrity clients, including Pat Sajak, Pat Boone, Dana Carvey, Phil Hartman, Jamie Farr, and Elvira, Mistress of the Dark. He has facilitated more than 850 custom home projects and is a recognized expert on the subjects of custom homes, real estate investment, and real estate management.

    Kevin speaks regularly on the subject of real estate finance. Kevin penned and published the book What the Banks Wont Tell You; How to Get the Most Out of Your Mortgage (Grady Parsons) now in its second printing. He writes a featured monthly column for Log Homes Illustrated magazine and writes regularly for American City Business Journals. Kevin is actively involved with the Young Entrepreneurs Organization (YEO) and speaks on the subject of entrepreneurship and the arts. In addition to his entrepreneurial ventures, Kevin currently develops property and custom homes. He received his bachelor of arts degree from Humboldt State University.

    To schedule Kevin to present to your organization, association, or conference, call Stratford Financial Services at 800-727-6050. For more information on the products and services provided by Stratford, visit its Web site at www.stratfordfinancial.com or contact Kevin directly at kevin@stratfordfnancial.com .

    Janice Brewster is author of Log Cabins (Friedman/Fairfax) and Cabin Styles (Publications International, LTD). She currently edits Timber Homes Illustrated magazine and is former editor of Log Home Living. She has written articles for The Washington Post, Cowboys & Indians, Catalina, Log Homes Illustrated, Timber Frame Homes, and the National Association of Home Builders. Janice received her bachelors degree from Mount Union College and her masters degree in magazine journalism from Syracuse Universitys S.I. Newhouse School of Public Communications.

    Peter Economy, from La Jolla, Calif., is associate editor of Leader to Leader, the award-winning magazine of the Leader to Leader Institute, and author of numerous books, including Managing For Dummies (with Bob Nelson), Home-Based Business For Dummies (with Paul and Sarah Edwards) (both published by Wiley), and many others. He received his bachelors degree (with majors in economics and human biology) from Stanford University and is currently pursuing his MBA at the Edinburgh Business School. Visit Peter at his Web site: www.petereconomy.com.

    Dedication

    This book is dedicated to all those information hungry consumers pursuing the American dream of home ownership.

    Authors Acknowledgments

    Just like a custom home project, it took many people to make this book happen. We consulted experts in every area to make sure we included current, accurate information.

    Kevin relied heavily upon the help and resources of the excellent staff at Stratford Financial Services, particularly Dawn Exline, vice president of client services. In addition Kevin wants to thank all the clients, builders, and architects that shared their experiences.

    The authors also want to thank the following people for giving time, energy, and knowledge for the success of this book. Ahmad Mohazab and the expert team at Tecta Architects in San Francisco shared their knowledge and drawings for many chapters. Dan Ridings of Stonehenge Builders in Lafayette, Calif., spent hours of time providing technical information. Thanks go to The Original Lincoln Logs LTD., John Stetson, and Aaron Rosenbaum for their contributions of photos and Lorin George of Lorelco appraisals for her appraisal contribution. Thanks to Bud Davis of B. Davis construction for the special Writing Place. Thanks to Scott Peloquin of BenefEx Benefit Consulting and Troy Collins of McKinley Financial for their experience in the financial area. Thank you to Charles Bevier, editor of

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