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Post » Mon May 14, 2012 2:17 am

i live in an apartment and i kinda want to get a house and i have some questions
(i live in oklahoma)
A. Would it be cheaper to buy or build
B. How do i find a building company
C. How long would it take it build?
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Kevan Olson
 
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Post » Mon May 14, 2012 1:31 am

Building would take a while, if you're young, or unsure if you'd move in the next few years, just rent or stick with the apartment.
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Brooks Hardison
 
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Post » Sun May 13, 2012 10:29 pm

Building is considerably more expensive, I would imagine. You'd have to buy land, pay an architect (not cheap), and pay for construction. All those things add up.
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Emzy Baby!
 
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Post » Mon May 14, 2012 2:44 am

i live in an apartment and i kinda want to get a house and i have some questions
(i live in oklahoma)
A. Would it be cheaper to buy or build
buy.
B. How do i find a building company
If you want a newly built house, it's easier to buy into a new development then to actually hire a construction company. A real estate agent might be able reccomend a local construction company though.
C. How long would it take it build?
Depends on the conditons of the property, design of the house, quality of the construction company, and the prevelance of bad weather/poor working conditions. It would take quite a while though, Especially if you can't pay all the costs up front.
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Mario Alcantar
 
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Post » Mon May 14, 2012 2:57 am

i live in an apartment and i kinda want to get a house and i have some questions
(i live in oklahoma)
A. Would it be cheaper to buy or build
B. How do i find a building company
C. How long would it take it build?

It is cheaper to buy then renting with a but... You need good credit and enough money for a reasonable down payment (around 10% would be average).

If by building you mean buying a lot for future construction (in a development) versus simply buying land and building your own house... then it isn't technically more expensive than buying an already built house, but you do have to wait and customizing it could increase the cost dramatically.

The time of construction varies on the time of house. I would said at least 3-4 months.
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Shaylee Shaw
 
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Post » Sun May 13, 2012 9:33 pm

I don't think I'd ever want to build my own house. Scratch that, I'd love to build one with rotating bookcases and all that awesome stuff. But in reality I couldn't handle the headache. Around here you can't even rely on a contractor to put in a simple cabinet, couldn't imagine having to try and deal with people building a whole house.
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Joe Alvarado
 
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Joined: Sat Nov 24, 2007 11:13 pm

Post » Sun May 13, 2012 11:59 am

Building is definitely a headache. My parents had a house built when I was a teenager, and after going through quite a number of problems, my dad said he'd never build another house again. The worst problem was the guy that my dad hired turned out to be quite shady & incompetent. He used the wrong materials in the wrong places, and the final straw was when he had laid the foundation too close to the road, so they had to re-do it (luckily they caught it before building the rest of the house). My dad fired the guy, who refused to refund the money my dad had already paid him. My dad then tried to sue him, but he claimed bankruptcy and then fled the state.

On the bright side, he ended up hiring a legitimate builder and everything went great after that. Just two years later, he sold it for a decent profit (before the housing market crashed). So, it's all about choosing the right people. Building a house will almost always take longer than what they say...So whatever time amount they give you, It'll probably end up taking twice that.

In terms of buying versus renting, it's all about downpayment. If you can afford to put down a good chunk of money up front, it can drastically reduce your mortgage payments. If you can only do the minimum, depending on your income and the sale price of course, it may not be worth it. That said, it's still a great time to invest in a house right now assuming you'll be in it until the economy gets better (however long that'll take).
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Craig Martin
 
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Post » Mon May 14, 2012 2:05 am

Building depends on the size of the home.

I think the house my uncle made was around 26k but his was a cottage.


I remember a thread a few years ago about tiny homes.... around 99 square feet.
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Rodney C
 
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