estimated cost for construction of house

Many homeowners are often confused about the estimated cost for construction of a home. One common question is what will the total costs be once all the materials have been purchased, and all the permits and other paperwork have been gathered? In addition, what will your financing be, and how much of a down payment do you need to have in order to “buy-in” the contractor and the job? Some contractors will give you a free estimate, while others may require up-front cash payments from you, sometimes up to 10%, so it is very important that you have an idea of the total costs upfront, as you want to have a clear-cut picture of what you can afford to pay. Once the contractor has estimated the costs, it is a simple matter of negotiating a realistic price with him, which will reflect the number of materials he needs to purchase, and your personal circumstances.

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