Insulated Pre Cast Basements by Legendary Homes







Superior walls is a great option when deciding what type of foundation to do for the construction of your new home.

When building a new home there are choices when it comes to what types of basement or crawl space to do. Many people do poured wall foundations, but more and more people are realizing that there is a better option for a basement that is available. An insulated Precast Basement is a great option to consider.


Direct link to the video is at: Insulated Pre Cast Basements by Legendary Homes

Insulated Precast basements have a lot of advantages.

They are very energy efficient and make for a very warm basement. The walls come as panels with concrete studs with a metal plate making them ready to attach drywall for finishing the basement and adding bedrooms. The concrete studs have holes in them for easy access to run wiring and Plumbing.

These foundations are built in a factory and experience the same benefits as modular homes being build in a factory. The panels are then hauled to the job site and set with a crane.

Legendary Homes has used Superior Walls for foundations for years.

It was probably around the early 2000’s when the first insulated pre cast basement was done for one of our customers.

At that time customers were paying an additional $5,000 to $7,000 for doing this type of basement and they still felt it was worth the extra. Things have changed and they are now around the same costs as a poured wall.

Michigan’s codes have changed to now require at least a R-10 insulation for foundations. These insulated pre cast foundations have a R12.5 insulated factor, so they exceed the building codes.

Todd the builder decided to call past customers to ask them what they thought of their foundations now that they had lived in their homes for several years. Everyone of them said they were very glad they went with Superior Walls.

There are certain procedures that need to be done to prevent future problems. That’s why having a builder that’s familiar with what needs to be done should be an important factor in your decision when building a new home.

If these procedures are not completed then there is a risk of the foundation pushing in when backfilled. For modular homes there is a strap that is nailed to the treated 2 x 10 sill plate and then once the home is set they are nailed to the home. There is also extra blocking required between the floor joists. This is something that we make sure to get completed before backfill is done.

Another benefit is the damp proofing is built right into the walls and so there is no need for spraying damp proofing. This prevents the chance of the unsightly black tar look above grade. Have you ever seen this? It’s a common problem and it doesn’t look the best on a new home.

The most common sizes of basements are as 9 foot or 8’2″. For crawl spaces can be done as 4′ or 6′ walls. Legendary Homes primarily do 6′ walls and backfill 1′ up on the inside. This give an approximate height of 5 foot.

Superior Walls Insulated Precast Foundation

When you are looking to build Legendary Homes is here to help with your building needs. We want to educate you so you know what to expect when building your new home. Give us a call today and let us replace your dreams with reality!

For more information and pictures of modular homes being built on a insulated pre cast basements go to Pictures of Complete Construction Jobs.

Call Todd at 517-206-2435 for more information about insulated pre cast basements.

Subject:  Insulated Pre Cast Basements

 

Redman Homes Advantage Series 3264-209 | 3264 209|3264209

This Redman Homes floor plan 3264 209 Advantage Series is a 1,800 sq ft home. This home features split bedrooms with the master bedroom on one end of the home and the other 2 bedrooms at the other end. The kitchen, dining room and living room are in the middle of the home. Large living room and elegant kitchen makes this home nicely laid out.

Open floor plan with nice sized rooms. Available as a modular home or as a manufactured home. There are several optional features that could be done such as the optional serenity bath, optional UK2 kitchen and optional basement stairwell.

The 3264-209 Advantage Redman Homes makes a beautiful new home.

Video can be seen at https://youtu.be/IOKzjiGKGK8

Advantage Series: Model Details
Redman Homes 3264-209

Type: Multi-Section
Bedrooms: 3
Bathrooms: 2
Sq. Ft.: 1,800
Width: 30’0″
Length: 64′
Model #: 3264-209

 

Redman Homes 3264 209 Advantage Series

 Advantage 3264-209

Redman Homes 3264 209 Advantage Series | Advantage 3264-209

Redman Homes 3264 209 Advantage Series

 

Additional information click here for Redman Homes Advantage 3264-209

Another plan of interest by Redman Homes is the Newport in the New Moon series.

Note: This home can be built as a state modular building code (modular home) or as federal (HUD) building code.

Disclaimer

Subject: Advantage Series: Model Details  Redman Homes 3264-209

 

Building Your Home with an FHA Construction Loan

Building Your Home with an FHA Construction Loan

Getting an FHA construction to permanent loan is a wonderful opportunity to build the home you want, with a lower down payment than most lenders require on a construction loan.

In this article we’ll cover all the main points you need to understand if you’re looking to build a home from the ground up with an FHA construction to perm loan.

How to Get an FHA Construction to Perm Loan

When existing home inventory is low, building your own home is often a very attractive idea. You get to select the location, the builder, the floor plan, the paint colors… everything! The problem is that most lenders want 10-25% down payment when considering terms on a construction loan.

With an FHA construction to permanent loan the down payment can be as low as 3.5%.

This low down payment option is extremely encouraging news to many borrowers looking to build a home.

Here are the top things you need to understand when considering an FHA Construction to Permanent Loan

Pre-Approval

First and foremost, you need to make sure you’re eligible for an FHA loan.non-warrantable condo

Get pre-approved to make sure you meet all income, credit, and asset guidelines. If you don’t meet normal FHA guidelines, there is no sense in seeking an FHA construction loan.

The good news is that FHA guidelines are less strict than other traditional mortgages, so many times it’s just a matter of getting a few ducks in a row to get the qualification in line.

Selecting Your Builder

Once you have gotten confirmation that you’re eligible for FHA financing, you’ll need to find the right builder for you.

You’ll want to see what work they have done in the past, how long they have been in business, what types of projects they are willing to take on, and how long they typically take to build a home with the same characteristics you’re seeking.

A very important thing to keep in mind is the chemistry you have with the builder. You’ll be communicating with this person heavily over the next 6-12 months. It’s super important that you feel comfortable with your builder from an experience and service standpoint.

Builder Approval

After you have selected the right builder to meet your needs, it’s time to get that builder approved with your lender.

With an FHA construction to permanent loan, not only do you have to be approved as a borrower, but the builder also must go through a detailed approval process. They’ll need to provide things like: references, two year’s tax returns, a year to date profit and loss statement, applicable licenses, and more.

Depending on the builder, this approval process could take 2-12 weeks. It really just depends on the availability of the builder to provide the documents needed.

Site Selection

If you have been pre-approved, and your builder has been approved, things are certainly moving in the right direction.construction to permanent loan lenders

At this point it’s time to select the right lot to build your home on. With an FHA construction to perm loan you can finance the land and the construction all in one loan. If you already own the land, even better. You are able to use the equity that you have toward down payment.

Example: you own a 2 acre parcel that you are looking to build on. Let’s say the lot is worth $20,000 and you own the land free and clear. The 20K in existing equity can be used as collateral toward your down payment.

Very important – FHA does NOT allow any value to be given to any existing buildings on the lot.

The appraised value of the lot will be based on raw land. If you have a barn on the land worth 20K, and the land is worth 20K, that does not mean FHA will consider it to be a full existing value of 40K. Only the land can be considered with regard to existing equity.

Project Approval

Once the site is selected, it’s time to get set figures from the builder regarding what the costs are going to be from start to finish.

When you have come to terms with the builder on the numbers, the lender will review the construction agreement and structure your loan accordingly. FHA does NOT allow the borrower to be involved with the construction in any way.

The builder must be responsible for all construction and improvements in the construction agreement. The borrower cannot act as the builder.

Loan Structure

FHA loans have limitations on how high the loan can be in each county in each state.

FHA construction to permanent loans are no different with regard to county loan limits. Here is a site that tends to keep county construction to permanent loan lenderslimits up to date.

During the construction period, the builder is responsible for covering monthly interest only payments on the construction loan. This creates a win/win scenario for builder and borrower. It’s a win for the builder because they know they payment will be made (they don’t have to rely on the borrower making payments to keep things moving along).

It’s a win for the borrower because if the builder is responsible for payments, they are more likely to treat the build with urgency because they don’t want to be stuck with carrying the construction loan payments for more months than necessary.

Once the home is completed, the loan is converted to the FHA loan for the borrower to begin making payments on.

Construction Contingency

There are typically changes to the materials or slight modifications to the specifics in the contract causing overages on top of what was originally estimated.

Construction contingencies are available for project cost overruns and borrower change orders. Basically, whatever the estimated cost and labor is, the lender will increase that estimated amount by 5% to account for unforeseen extras. If the funds are not used, the difference will be applied toward the principal balance (the loan will have a lower balance at the time it is converted from construction to permanent).

One Time Closeconstruction to permanent loan lenders

There are two different types of construction loans: one time close, and two time close.

A two time close means you get approved, get appraisal, and close on the construction loan. Once construction is complete, you get approved all over again, get another appraisal, and then close on your permanent loan.

With the FHA product, it’s a one time construction loan. This means you do NOT have to go through the process twice. You get approved up front, get appraisal up front, and close. Once the construction is completed, final inspection is done, a certificate of occupancy is provided, and the construction loan is converted into a permanent loan.

You do not have to get approved all over again on a one time construction loan.

Basic steps toward your FHA Construction Loan approval:

  • Get pre-approved
  • Get builder approvedfha construction loan
  • Select your lot
  • Complete construction/purchase agreement with builder/seller
  • Get project approved through lender
  • Complete loan approval (complete conditions with lender, appraisal, title, etc.)
  • Close on construction loan (provide down payment/costs/escrows)
  • Begin construction
  • Construction complete
  • Move into your newly built home, begin making payments on your FHA loan

Building a home is not a good fit for everyone.

There is more to manage and more decisions to be made when building a home than when buying an existing home. But if you are considering building a home, an FHA construction to perm one time close loan may be a great option for you to consider.

Post About FHA Construction Loan

For more information check out Understanding the building Process

 

Stages of Building a New House

See pictures of a home north of Jackson Michigan done by Legendary Homes.  The pictures show the Stages of Building a House.

This home features a 9′ insulated precast basement with a gable front porch.

 

Stages of Building a House

What’s Included In The Base Price of Legendary Homes?

Base prices or costs of a new home have many variables. When you get the base price of the home, be sure to find out what’s included. Many companies include different things in the base price.

The video below explains what’s included for Legendary Homes base price.

 


Direct link to the video is at:  https://www.youtube.com/embed/LPHI78WJ0hQ

 

Legendary Homes includes the following in the base prices.

Sales tax
Freight within 30 miles of our model home
Roll setting the home onto the foundation
Finish the drywall on the marriage line and drywall finish the cracks throughout
Hanging doors in marriage line
Seeming carpet in marriage line
Siding ends of house
Standard specs of the series of home

On a side note: For the Redman Homes in the Advantage series we include the Mod Package. So it will have more included than what the standard spec sheet shows for the Advantage Series.

Here’s the extras included in the Mod Package:
Modular Required Options:
1/2″ Drywall T/O (Option Price per Model Included in Base price above)
Programmable Thermostat
Carbon/Smoke Detectors – All Bedrooms and Living Area

DGAE Modular Conversion Package:
Included in this Pkg is the following:
2×10 Floor Joist
R-40 Roof Insulation
2×4 Interior Walls
Perimeter Drop in Registers
Cold Air Returns in Ceiling
Water Heater Door
36 x 80 White Steel 6-Panel Fire Rated Rear Door
Insulated Heat Ducts to be shipped loose and installed on site
2 Exterior GFI Recepts
7/16 OSB Sheathing
8′ Flat Ceilings
Water Shut-offs @ All Fixtures
2×6 Ext. Walls
Metal Tub/Shower Faucets
On our price sheets, we include an allowance for crane cost or bracing for basement walls. Our full price sheets include doing an insulated precast basement. When we do that type of basement we need to use a crane to set the home or to brace the basement wall. So we have you covered if you go by our price sheets on including that cost.

You can do a poured wall basement if you prefer and we wouldn’t need that cost but in my experience, the costs have been about the same even when adding that cost. That’s with adding the framing in the basement to insulate to get the minimum of R-10 insulation needed for the Michigan energy codes. For about the same costs I’m not sure why anyone would go with a poured wall.

Our main areas we cover are Jackson, Lenawee and Hillsdale counties. We can go farther away but we may not be able to take care of the full general contracting of your new home. Check with us to find out the details.

If you are looking to take care of your own general contracting, we can get the home to your property and get it set and you can take care of the rest. Be sure to check as there are things you need to be aware of when taking care of your own project.

For our price sheets and pdf’s of the floor plans, you can go to http://legendaryhomesinc.com/ModularHomePrices

Call Todd Rutledge at Legendary Homes today to schedule your free consultation.

Legendary Homes Inc
10197 S Meridian Rd (US 127)
Clarklake, Mi 49234
(517)206-2435
http://legendaryhomesinc.com

 

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Superior Walls Insulated Precast Foundations

Superior Walls insulated precast foundations is a clean simple approach.  Legendary Homes offer these insulated pre-cast foundations and highly recommend them.  There are many advantages.

Just like modular homes, they are built in a factory, cast in a horizontal position using high strength concrete.  Much stronger than a traditional foundation. It’s more dimensionally stable.    The shell themselves are a couple inches thick but the walls, the structural members are 10 1/4″ thick and incorporates reinforcing steel rebar in the studs.

Energy Efficient Insulated Precast Basement

The Dow Styrofoam is built right into the walls.  Legendary Homes uses XI walls which have an R-12.5, so it exceeds Michigan energy code of R-10 insulation.  They are very energy efficient.

Each foundation is pre-engineered individually for each home and designed for each particular house.

Joints are sealed with a polyurethane sealant, specially formulated for application for this type of concrete and they use a bead on the exterior and a bead on the interior of the panel at the seems.

Superior Walls uses a 5,000 psi concrete mix, which has a water concrete ratio of .4 to provide a high strength mix.   A poured wall foundation typically would use 2,500 to 3,000 psi.

When the panel is cast at the factory there is an embedded saddle bolt assembly that’s embedded into the lower and upper bond beam.  A 1/2 diameter bolt is used to hold the panels together.

The shell is 1 3/4″ but the overall structure is 10 1/4″  The walls have a concrete stud and use a steel plate (in the Xi walls) for securing drywall when finishing the basement.

The following video shows Bob Villa talking to Jim Costello from Superior Walls on a job site of a new construction home.


So, if this were your video: https://www.youtube.com/embed/bC0syKkXY-M

 

Bob Vila asked about if there were any concerns to worry about with settlement.  Settlement is no more of a concern with this system than it is with any other type of foundation such as a poured wall foundation.  You do need to be concerned with what your soils are but it’s not any different than any other concrete wall.

Superior Walls set on a crushed stone footing of around 6 inches for a firm base.

Soil pressure on the outside is something to be aware of.  The walls are very rigid so there are very specific directions for the connection of the floor system to the top of the wall.  The walls are fully engineered to withstand the backfill pressure, but it’s important to pour the floor and properly fasten the floor system of the house before backfilling in order to make a rigid box.

The walls are squared at the time of completing the last panel.

Insulated Precast Concrete Basement

The prefabricated foundation is built in a factory just as a modular home so weather is not an issue.  They are poured in a plant in a controlled atmosphere where they pour the concrete.

The concrete studs have holes for wiring and secondary plumbing making it easier to run electrical and plumbing in the basement.  The walls are ready for drywall, which is a big advantage.

Costs have been running about the same as a poured wall basement which makes it the way to go.
Legendary Homes has been using Superior Walls for many years and they are differently a “Superior foundation”. In Michigan, basements need to be at least R-10 to meet energy codes and the Xi walls more than exceeds the energy code. Highly recommended!

Photo Gallery Slideshow


Photo Gallery Slideshow


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Mon through Fri 9:30 am to 5 pm and Saturdays 10 am to 2 pm.


We are available other times by appointment

Please call, text or email Todd to set up a time to meet 517-206-2435


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