08/31/2015

To Buy or to Build- That Is the Question

A Full-Time Job

If you are looking for a second full-time job, managing the buildout of your own home is one. The catch is that you do not get paid. Finding the land, designing the home, managing construction, negotiating material costs- these are all full-time commitments, and unless you are retired, you are unlikely to have the time or energy to devote to the project.

Are You Experienced?

You really need to know what you are doing to build your own home. It is not enough that you helped repair your stairs or put up some drywall. Setting the foundation and building a sound structure that meets building codes is much more complicated. If you do not have professional construction experience, you may not be the best construction manager for the project.

Is Building Cheaper?

The DIY sites all tout how much money you can save by building your own home. The truth is that building costs way more than purchasing an existing structure. Construction projects always go over budget, and you are asking for a customized structure, making the chances for mistakes and miscalculations much higher.

Customized Living

The real benefit of building your own home is that you get exactly what you want. Existing structures are always limited in one way or another. Perhaps the kitchen is too small and cannot be expanded, or a beautiful four-bedroom home only has one bathroom. Whatever it is that you want, you can design it and build it.

For Title Insurance in Miami, FL

You need title insurance for your home if you buy and for your land if you build. Either way, you should call Riva Title in Coral Gables at 786-787-7888. Visit our webpage to find out more about our services.