Part 1 The Shaffer Custom Journey

Dated: 03/24/2017

Views: 204

Image title

I recently asked one of my clients, The Shaffer Family, to be the subject of my blog series about custom home building. They agreed! We can follow them through the steps to get a complete picture of what happened during their adventure. The beginning can feel a bit like Dorothy in Oz because you gather a team to help progress through unknown territory. Here is how the Shaffers kept on their “yellow brick road” to a custom home.


The Shaffer Family began this journey in the summer of 2016 by hiring me to help them search for a home. They could not find what they wanted in an existing house, so they started to inquire about custom building. The first thing needed was pre-qualification for financing. We met with Scott Thomas at Freedom Mortgage in New Braunfels to ask questions and get the ball rolling.


Scott explained that there are three parts to custom home financing – the land loan, the construction loan, and the final conventional loan. One of the biggest factors to consider is that banks usually only finance 80-85% of custom home builds. The rest comes out-of-pocket at the beginning. The Shaffers hesitated to spend their entire savings, but moved forward knowing it’s a great investment.


With a pre-qualification letter, the next step was finding a builder. They interviewed and received quotes from three different builders – Carroll Construction, Summit Oaks Homes, and Champagne Custom Homes. While David Champagne was not the cheapest option, the Shaffers felt that his quality and customer service was right for their project.


Hire a real estate agent – CHECK!

Hire a lender – CHECK!

Hire a builder – CHECK!


Finding a lot and designing a floor plan are in the next part of the Shaffer's journey.


Linda Piercy, REALTOR® and Homes for Heroes Affiliate

Cell: 469-396-6337 Email: linda[email protected]

Latest Blog Posts

HOME BUYING MYTHS

Home Buying MythsAlthough the internet can be a great resource for a variety of information, a lot of that information is incorrect. One of the most important and expensive decisions in your life,

Read More

Home Decor Trends

Ready to mix up your home décor this year? Here are the top five hottest trends homeowners are loving right now!Industrial stylings. From pullies to Edison bulbs to vintage furniture to

Read More

Demand for Homes Still High in San Antonio Area

San Antonio – For the fourth consecutive month, area homes sales have surpassed 3,000 total sales with August reporting 3,236 homes sold, a nine percent year-over-year increase. The average

Read More

blog

Read More