6 Steps to Owning a Log Home

Make sure the company you decide to go with offers full:

Design

Manufacturing &

Project Management Capabilities

There are a fairly large number of suppliers in the market, but only a few will actually deliver and provide on a full service offering.

Do your due diligence on them and find out if they have a good customer satisfaction rate.

Remember that the key factors in developing your plan should always come down to the needs of:

You and your family

The land that the home will be built on &

Your overall Budget

Make sure to:

1st Design the home

2nd Find the land that will be the best fit for the home you design

Also, your Log Home Experts might also be able to give valuable advice on both the design and finding the right land.

*Note: If you already have your land picked out, make sure that the design fits with the land you have chosen.

The company you have chosen should be able to:

1. Provide a good faith estimate or quote on the materials needed to build your log home

2. Provide you with an estimated range for the total “turn-key” cost including the labor andthe materials required

3. Provide you with a contract to sign in order to obtain detailed blueprints to your log home plan

This should allow you to get a well defined builder quote and will be mandatory for any financing that may be required

Note: It is not uncommon to require up to 10% of the price of the logs as a deposit at signing

If you haven’t already, it’s time to purchase the land you will be building your log home on. In doing so, you should always work with a realtor that specializes in land.

Do your research about the type and location of the land you will be purchasing. Here are some great resources to complete this step:

The realtor you will be working with

The internet

You can quickly survey property you are dreaming of for the location of your log home

Some resources include:

•Tulia.com

•Zillow.com

•Hotpads.com

*Note: When researching, set the property type to “land” in the

search parameters of whatever website you are utilizing

It’s a good idea to obtain two or three different quotes from different builders.

This will ensure the best price

Check your references and make sure that the communication process with your builder will be a open one and that they will be available to answer questions or concerns you might have along the way.

Always be sure to work with an experienced builder that specializes in log homes.

Also, it’s good to know that some of the best log home suppliers will be able to provide technical support to your builder, if needed, during the building process.

If you aren’t paying cash for your new log home, you need to make sure that you have a construction loan in place that will cover the costs incurred during the building process.

Once this is completed, a permanent mortgage will replace the loan

Most construction loans are set up so that payments or draws are made to the log company and the builders, as the construction process reaches certain milestones like:

Delivery of materialsFoundation Walls, etc.

NOTE: It might also be wise to look into other financing options like a HELOC (Home Equity Line of Credit). If you already own the home you are currently in or selling, they can be much faster to obtain than a construction loan.

Be choosy with the experts and builders you work with

Make sure to obtain the best quotes by shopping around

Know where you want to live

Make sure the design and plan will cater to your needs and the needs of your family

Decide on financing ahead of time

Resources:◦ https://www.southlandloghomes.com/log-homes/model-

locations

◦ https://www.southlandloghomes.com/custom-log-home/design-tool

◦ https://www.southlandloghomes.com/log-home-plans