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The Owner-Builder Book: How You Can Save More than $100,000 in the Construction of Your Custom Home

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Title: The Owner-Builder Book: How You Can Save More than $100,000 in the Construction of Your Custom Home
by Mark A. Smith, Elaine M. Smith, Elaine M. Smith
ISBN: 0-9661428-8-8
Publisher: Consensus Group Inc
Pub. Date: 24 September, 2002
Format: Paperback
Volumes: 1
List Price(USD): $18.95
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Average Customer Rating: 3.71 (21 reviews)

Customer Reviews

Rating: 5
Summary: Wonderful book!!!
Comment: Love this book! I have other books on owner-building but this is the one I carry with me in case I have a few minutes to read. The authors recommend a year of planning, trying to do it in a few weeks or months is a crash course so it's truly nice to have found such a great study guide. (it would be less stressful to spend a year!) Financially very inspiring, tells how to save a fortune by doing a great job of managing the home building project, and also how to make a life's fortune owner-building. Tips for getting the Owner-builder construction loan. Also has an extensive list of similar books by other authors; the Smiths don't presume to be the end all/be all in DIY contracting, which I find very refreshing. Very useful book, a real gem.

Rating: 4
Summary: Great overview of a complicated process
Comment: Owning your own home has long been considered the American Dream. For many, that includes designing and building the homes themselves. But building a home is a complex project filled with pitfalls and traps, and unwary budding homeowners can find their dreams turning into nightmares.

Enter Mark Smith, who has built several houses of his own. Written by a man who acted as his own general contractor, "The Owner-Builder Book" is crammed with useful advice on how to oversee your own project, from planning to construction. But be warned: it's unflinchingly honest about the amount of work and stress involved. While Mark Smith writes that it's possible to build a house in six months, first will come at least a year of planning and organizing. Once construction begins, you'll have to deal with ensuring that subcontractors appear on time and finish their work on time before the next group of workers appears. You may also have to deal with problems such as late deliveries of materials, subcontractors who don't show up, or who demand advances before working, threatened lawsuits,

Reading this book will give you a better appreciation of what the general contractor goes through. It will either fire your desire to run the show yourself and pocket the savings, or gratefully turn over the work to someone who does it for a living. But what it will also do is give you the information needed to make informed decisions that, even if you work with a contractor, will save you money.

Rating: 4
Summary: When Lenders Listen to Owner-Builders
Comment: The Owner-Builder world is here. When the cost of buying a home in the local subdivision is priced out of the hands of 50% of the local population it is time to look for alternatives.

The title of this book states it all. The Owner-Builder book is the first purchase (must have it) for those considering building their next home to meet family needs. The Author takes an on hands approach listing subject matter in easy to find sections. I like the way he relays this information.

The book will guide you to understanding many of the areas you are expected to know prior to talking seriously to a lender when securing a construction loan. I recommend this book to anyone approaching me for a construction loan. If they can complete the exercises and follow thru with the recommendations, they will have my ear for considering them for a loan. As a Construction Lender and Construction Site Supervisor this book is a must read for my clients. It saves money, time and enhances communication for all involved. Thank You for a great tool I can add to my professional arsenal. I recommend this book daily.

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