Author: Darin Hindmarsh

Becoming an Owner-Builder If you’re thinking of turning into an owner-builder, you may be wondering about saving money and having additional control over the finished product. Both are great reasons to explore this selection – however, the success of either can rely on your skill and ability. The other crucial issue to think about is whether or not you have got the time to devote to a building project. Bear in mind a customary build usually takes longer and Still, saving money and imposing your standards sounds pretty good.  But as an owner-builder, you become responsible for everything associated with the project. Basically, you also assume all the responsibilities. Unless you’re feeling very confident in your experience and expertise, this could be a big risk. Another key factor in becoming an owner-builder is that several lenders will only finance the construction of homes built by licensed builders. So if you’re planning to do a lot of the work yourself, make sure to ask your lender ask about their requirements ahead of time.  To sum up: If you’re set on building, considering your timeline and budget can help you to decide which method or technique can suit you best. While becoming an owner-builder could mean some financial savings, this is a skilled role and you should only consider taking this on if you have experience in project management. A hot topic for owner-builders is owner builder financing. “How do I go about figuring how much home I can afford to build?” Well, if you plan on financing your project, there is a simple process. You may simply fill in our contact form and one of our Home Loan Experts or Consultants will get back to you and you can explain your goal. Ask them to evaluate your financial position and give you a specific amount …General rule – If you don’t have a background in the construction industry is it not recommend that you build your own home, as there are a lot of extra expenses and process that you will not be aware of.

At Intellichoice, we pride ourselves on doing a lot of research to help our clients to obtain owner builder construction loans. We use RPData and Real Estate .com and well as many other industry tools. The main reason we put so much effort into our research is that we need to be able to present to a bank…

Not everyone is as passionate about Owner Builder Loans as Intellichoice, a Brisbane based company that specialises in obtaining finance for Owner Builders throughout Australia. According to our CEO, the client projects that give him the most satisfaction are the ones who have already tried to get finance themselves. “I love it when clients come to…

The Tale of an Unprepared Owner Builder Like many couples, Mr & Mrs. Ascott wanted to build their dream home. They weren’t extremely wealthy but they had a bit of cash they could redraw from their loan. They had bought their home 10 years ago and it had appreciated in value significantly. Given the economic…

Owner Builder Renovations George and Mary Ansett were looking to do a major renovation of their existing Colonial workers cottage. They needed more space and so developed plans to raise the house and build in underneath. They started off the project drawing down on the equity they had built up in their loan over the…

Have you ever dreamt of building your own house or renovating the existing one? Building a new home can be like a dream come true for many people but it is very costly and you may not be able to cover all the expenses without giving up on most of your savings.   No matter at…

The affordable option The great Australian dream of owning a home now extends to those who want to build or renovate the home of their dreams. And it is affordable. Industry figures show that for renovating and extensions alone, the daily spend around the country exceeds $12 million. That means we are spending about $500,000…