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8/7/2020

Summary of Buy Land and Build a Custom Home

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Summary of Buy Land and Build a Custom Home

This time, we've divided it into 4 days, and it's a summary page of how to buy land and build a custom house. We have listed the flow up to move-in, so please check the contents of each chapter and check them in order.

■Flow of Steps to Move In

Guide to moving in
​34-12 months ago

Action period guide
​About 1-3 months

STEP1 "Create an Image of Living"

Think from the conditions that are assumed in advance

▢ Image from non-negotiable conditions
▢ Image from assumed budget
▢ Image from the house you want to build
▢ Image from the area you want to live in

Focus on surrounding environment and location conditions

▢ Time to the nearest station
▢ Commuting time/School time
▢ ​Educational facility opening hours and reputation
▢ ​Level of medical and welfare
▢ ​Sufficiency of commercial facilities such as supermarkets
▢ ​Market price in the area
▢ ​Convenience such as transportation
STEP2 "Let's make a Financial Plan"
▢ ​Consider how much self-fund can be prepared
▢ ​Estimate the amount of money you can repay each month without difficulty
▢ ​Calculate the approximate total budget for the building fee including incidental construction costs
▢ ​Decide on the target of "land cost + building cost"
▢ ​Plan ahead of time so you can have your money ready

Guide to moving in
​31-11 months ago

Action period guide
​About 1-3 months

STEP3 "Let's find a Concrete Land"
▢ ​Determine the budget, size, and specific area to envisage and consult with the real estate company.
▢ ​Find deadline
▢ ​Prioritize desired conditions and find compromised conditions
▢ ​Make sure the imaged house is built on the land
▢ ​Please confirm in advance that "with an old house" may require additional demolition costs for the building or may not be reconstructed.
▢ ​Basically, the "Building Condition" land is conditional on the land seller making a construction contract with the construction company designated by the seller within a certain period of time, so please check before you make a contract.
STEP4 "Look for a Construction Company"
▢ ​Find a construction company that builds the house you imagine
▢ ​Finding a construction company while simultaneously searching for land
▢ Consult with an interested construction company about land search
STEP5 "Site Survey and Ground Survey of the Site"
▢ ​Ask a site survey to find out what kind of house can be built on the land you searched for
▢ ​Ask a ground survey to see if it has the necessary ground properties for construction
Picture

Guide to moving in
25-8 months ago

Action period guide
​About 3-10 months

STEP6 "Land Purchase/Contract"
▢ ​Get an explanation from a real estate company about important things about the land
▢ ​At explanation of the important matters, make sure that there is no explanation different from the information examined and that there are no other concerns.
▢ ​Conclude land sales contract
▢ ​Pay the deposit
▢ ​Preparation of money for balance payment
▢ ​Make any remaining payments other than down payment
STEP 7: "Building Planning and Design"
▢ ​Discuss with your family what kind of home you want to live in
▢ ​Write hopes and prioritize
▢ ​Clarify the points when considering a floor plan and consult with the construction company
▢ ​Clarify the points when considering facilities and buildings and consult with the construction company
STEP8 "Construction Contract"
▢ ​Check in advance for a copy of documents such as "Construction Contract Document", "Construction Contract Conclusion Form", "Quotation" and "Design document"
▢ ​Sign a building contract
STEP9 "Construction Confirmation Application"​
▢ ​Make sure that the building plan complies with laws and regulations, apply for a building confirmation, and undergo a confirmation examination

Guide to moving in
15-5 months ago

Action period guide
​About 4-12 months

STEP10 "About Mortgages"
▢ ​Once the land and building plan is finalized, determine the specific loan amount required
▢ ​Think about a loan plan when land payments are upfront
▢ ​When using a bridge loan, check with your financial institution if you can use a bridge loan at the stage of considering a mortgage
▢ ​For mortgages, including interest rate types, plan to be able to repay comfortably according to your life plan, and select a plan that matches that.
▢ ​If you are uncertain about choosing a mortgage, consult with a construction company.
▢ ​When applying for a mortgage, check with your financial institution to see if you can make a payment by the due date.
STEP11 “Construction (Starting → Upper building → Completion)”
▢ ​Confirm whether to hold the ceremony of sanctifying ground or framework completion ceremony
▢ ​Greetings to neighbors, including trouble during construction
▢ ​Visit the construction site and observe the construction process

Guide to moving in
​3-1 months ago

Action period guide
​About 1-3 months

STEP12 "Delivery, Moving In, and After"
▢ ​Check the completed building at the completion stage
▢ ​Perform completion inspection by a third party
▢ ​Repair of defects checked by "complete stage" and "completion inspection"
▢ ​Delivery
▢ ​Check the contents of after-maintenance
▢ ​Check the contents of the open house with the construction company in advance.
When you actually search for land and then a construction company, there are many unclear points. If you have any questions, please feel free to contact us. Let's build a dream home together.

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Real Estate agent in Kyoto, Buy and Sell, Leasing, Renovation and Construction, Management for Investment and Vacation Property, Professional Services for International Customers. We deal in KyoMachiya houses, detached and attached Houses, new and old Condominium Apartments, Block of Apartments and Buildings for Commercial, Residential and Investments use, Manage and Support Operation and New Development of Guesthouse, Ryokan and Hotel, Total Supports for Land and Buildings Real Estate in Kyoto.
Yours sincerely, Founder Ken Hayashi
Real Estate Broker Company License No. Kyoto-Fu Governor ( 1 ) 14044 , ​Member of Kyoto Association of Residential Land Building Business
  • Home
  • Study
    • Rights of Property >
      • Real Right and Credit
      • Rights to the land and Rights to the building
    • the Building Lots and Buildings Transaction Business Act >
      • Laws Related to Real Estate Transaction in Japan
      • (1) Laws Concerning Land Use
      • (2) Laws Concerning Construction of Buildings
      • (3) Laws Regulating Real Estate Companies
      • (4) Laws and Regulations Concerning Advertisement
      • (5) Laws Concerning Contracts Including Sales Contracts and Lease Contracts
      • (6) Laws concerning Titles and Rights
      • (7) Laws Concerning Real Property Registration
      • (8) Laws Concerning Condominium Management
      • (9) Laws Concerning Defects (Faults, etc.) of Housing Properties
    • How to and Procedures >
      • Process of Real Estate Sale
      • Process of Real Estate Purchase
      • Cost by Transaction
      • Important Points Explanation
      • Real Estate Sales Contract
      • Property Condition Confirmation
      • Facilities and Equipment List
    • Building Management >
      • Process of Residential Property Management
      • Process of Real Estate Leasing >
        • Idea of Lease Agreement
      • Process of Vacation Home Management
    • Related Acts
    • Glossary >
      • Real Estate Glossary in Japan
    • Tax in Japan >
      • Consumption Tax
      • Property Tax
      • Capital Gain Tax
      • Withholding Tax
      • Taxes on Gifts and Inheritances
    • Q&A >
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