Thinking of Building Your Own Home? ... It could $ave you Thousand$.
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We make it Simple! Want to Build Your Own Home and $ave Thousand$ ? It’s important that you understand the process of building. Hundreds of people have used the “Owner/Builder Program” to construct their custom home and have saved enormous amounts of money across the Ark-La-Tex. “We built our own custom home in Shreveport and saved over $90,000 by using the ‘Owner/Builder Program’.” Jon & Amy Harris – Oak Creek Ranch Subdivision Shreveport, LA “We used the ‘Owner/Builder Program’ and finished our home in June of 2006. Upon completion we had saved over $80,000.” Chris & Kelly Farmer – Olde Oaks Subdivision Haughton, LA “We moved in our home in early 2008 and saved $102,500. Without the ‘Owner/Builder Program’ this would not have been possible.” Randy & Denise Polk – Mallard Bay Subdivision Shreveport, LA |
Before embarking on a project of this magnitude you need to consider several thoughts:
• Do I really have the time to undertake a project of this size?
“We built our home in 99 days by using the ‘Owner/Builder Program’, and were amazed at how fast our project was completed. Our personal time involved consisted of picking out what we wanted for the house and following the construction calendar given to us through the network.”
Les & Angela Hayes – Lakeside Terrace
Saved $79,000 Keithville, LA
• Was it worth the time?
“We approached this project like it was a part time job for the two of us…….a part time job that saved us over $79,000 in just over 3 months. Yes it was worth it!”
Les & Angela Hayes – Lakeside Terrace
Keithville, LA
• How stressful will it be on my family?
“I considered our process stress free. With the referral of subcontractors in the ‘Owner/Builder Program’ and a few that I new on my own, our job fl owed smoothly and we were able to save thousands of dollars.”
Jimmy & Traci Gibson – Burgundy Oaks
Saved $57,600 Shreveport, LA
• Do I really have the skills and knowledge to build a home properly?
“The subcontractors in the ‘Owner/Builder Program’ were so helpful in every facet of the process. They understood we were building our own home and helped us every step of the way.”
Les & Patricia Brown – Windermere Estates
Saved $62,000 Shreveport, LA
• Do I have the correct tools for the jobs I plan to do?
“You don’t need any tools using the ‘Owner/Builder Program’. The subcontractors have all the necessary tools to perform the work we hired them to do. The only labor we did was the jobsite cleanup.”
Ryan Trudnak – The Gardens at Southgate
Saved $36,210 Bossier City, LA
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As A Homeowner:
In the state of Louisiana you are allowed to pull your own building permit provided the home under construction will be your primary residence. The state will not allow you nor a general contractor to pull the permit required by the different licensed subcontractors unless you, or he, is licensed to do work in that trade. Each licensed subcontractor is responsible for their permit.
• Should you choose to build your own home, or hire a General Contractor to build it for you, you are ultimately responsible for any accident or injury to any person on your property.
Scott R. Wolf - Attorney
• The program also has insurance companies that can provide coverage for the variety of needs you might encounter while under construction.
• All participating subcontractors are required to provide proof of insurance before joining the network.
• This article is published by the “Owner/Builder Program” in partnership with actual clients that have built their personal custom home.
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Here are Some A, B, C’s
A
ARRANGING FINANCING
The “Owner Builder/Program” has numerous fi nancial institutions that lend to individuals that want to take on the project of building their own custom home.
“Our financial institution has been working with the ‘Owner/Builder Program’ in Shreveport for over 5 years. Using this program we are able to secure 100% of cost for individuals desiring to build their own home.”
Tom Peden – A. F. Corporation
President
“Getting our construction loan and permanent fi nancing was so easy going through the ‘Owner/Builder Program’. We were able to get 100% fi nancing for our entire project including our land. The process was so streamlined it was effortless.”
Todd & Kim Remedes – Fountainbleau Estates
Saved $40,000 Keithville, LA
“The ‘Owner/Builder Program’ was able to help me secure my construction fi nancing and permanent mortgage. The lender we used even fi nanced the purchase of my lot. The overall process was pretty simple.”
Trea & Kristin Bison – North Desoto Estates
Saved $ 40,000 Stonewall, LA
B
BOOKKEEPING RESPONSIBILITIES
“The IRS only requires that you send 1099’s at the end of the year to individuals or Limited Liability Corporations that you pay $600 or more.”
Lewis Smith CPA, MBA – President
Smith & Company CPA
“The ‘Owner/Builder Program’ provided us with a complete fi ling system including all the forms, lien releases, contracts, change orders, and draw requests necessary for our project.”
Chris & Sandy Hearron – Indian Hills
Saved $ 30,000 Blanchard, LA
“We saved quite a bit of money by simply being able to return left over construction material to different suppliers that are part of the network.”
Clyde Tew – Autumn Oaks
Saved around $ 100,000 Shreveport, LA
“The filing system I received from the ‘Owner/Builder Program’ kept me organized throughout my entire project.”
Blake & Kelli DeFatta – Norris Ferry Landing
Saved $ 45,000 Shreveport, LA
C
CONSTRUCTION MANAGEMENT
“I had previously used a General Contractor to build a home for me in another town. After moving back to Shreveport I decided to take on the project myself. The time I spent managing my own project was very comparable to the time spent using my previous General Contractor.”
Jon Harris – Oak Creek Ranch
Saved $ 90,000 Shreveport, LA
….......................................................................................................................……and there’s more!
DEPOSIT
Utilities will be needed at different times during the construction period. The building steps and construction calendar show you exactly when it is time to make these utility deposits.
INSURANCE
One of the comforting things about using the “Owner/Builder Program” is that there are different insurance companies that are a part of the network.
“My office has insured many owner/builders. We offer a variety of insurance policies that cover the different needs of an individual desiring to build their own home.”
Ben Tullos - State Farm Insurance Company
WARRANTY RESPONSIBILITY
The New Home Warranty Act requires builders of new homes to provide certain warranties over one, two or even ten years. Should you build your own custom home with plans of selling it at a later date you can purchase a home warranty insurance policy that will cover structural issues that may occur.
LICENSING
Louisiana Law # R.S. 37:2150-2190 has an exemption form (CBR-14) which allows any homeowner to build his own home one time per year provided you occupy the home upon completion. This exemption was written specifi cally for individuals that do not hold a general contractors license but desire to build their own home.
OSHA
“OSHA’s only concern is with companies or corporations that have employees; therefore, as a single homeowner with no employees, you are NOT subject to the jurisdiction of OSHA consultation. If the homeowner decides to hire contractors that have employees, that contractor does fall under the OSHA guidelines and is responsible for the safety and health of their employees.”
Greg Cook - Baton Rouge, LA
OSHA WORKPLACE SAFETY CONSULTANT
LIEN LAWS
Most liens placed on properties under construction are due to the contractor not paying suppliers or laborers. Using the “Owner/Builder Program” you, as the homeowner, control your construction account and pay for all suppliers and laborers yourself which eliminates this unfortunate situation from happening with your custom home.
FRIENDLY REMINDER
The “Owner/Builder Program” does not recommend using a subcontractor that cannot provide proof of insurance for the work in which that company is being contracted to do.
PERMITS
The “Owner/Builder Program” has always recommended individuals building their own home pull permits and have independent inspections throughout the construction process even when not required by some parishes. Effective January 2007 all parishes in Louisiana now require these permits and inspections whether building inside or outside the city limits.
WETLAND PERMIT 404
“When purchasing a lot from a developer, a wetlands determination should already have been made by the developer and/or his engineer. Be sure to ask for this determination prior to purchasing your lot. In cases where the lot has been determined to be a wetland, a Corps permit will be required. You should contact the developer to see if he has obtained the necessary permit and get copies for your records.” Larry Lashley – Louisiana Department of Environmental Quality DEQ SB/SCAP
SCHEDULING
Scheduling of subcontractors is made easy by using your construction calendar. Subcontractors in the network understand the needs of individuals building their own custom home and work well with each client.
Please call us at 318-687-8118 or fax us at 318-687-8111 to learn more about our owner builder services.
Owner Builder | Shreveport, LA
Our coverage area includes: Shreveport, Bossier City, Benton, Haughton, Keithville, Greenwood, Natchitoches, Stonewall, & Minden, Louisiana; Waskom & Marshall, Texas ; Texarkana, Arkansas and the surrounding areas!
