Buying A Log Cabin Essay Research Paper

Buying A Log Cabin Essay, Research Paper

Through a light mist I noticed a log construction that drew my attending. As I walked nearer the mist rose and cleared to uncover the place of my dreams, a log cabin. The monetary value on this log place was sensible plenty for my income. The broad cabin met the needed demand for my future household. Its location on the outskirts of the metropolis of Binghamton made it a perfect distance between place and work. A log place must run into the size, monetary value, and location harmonizing to the purchasers demands. The square footage of the cabin is determined by the size of the bottom floor. This is determined by the breadth of the house multiplied by the length of the house. First cognizing the figure of suites on the bottom floor will assist to set up this.

First, the size of my house is determined by my demands. I have a household of four, including two kids. My place includes one maestro sleeping room and two other sleeping rooms for the childs. Additionally there are the two bathrooms in which 1 is for the invitees and the other for household usage. Of class there is besides a kitchen, dining room, and life room. My other suites include a lair, an excess sleeping room for invitees, a recreational room for my childs, a computing machine room, and a room for my musical avocations.

Besides, I have a 2nd floor and a cellar. The maestro sleeping room is normally on the 2nd floor in log cabins, as it is in mine. This separates our room from the kids? s room. The cellar keeps the washer, drier and a few of the other family demands such as lawn mower and weedwacker.

Second, the monetary value of my place met the demands of my households? budget. My first concern is the overall cost of the cabin. The entire cost is determined by the square footage of the place. I decided to utilize Otsego Log Homes as my Realtor. Harmonizing to their monetary values and the size, I paid approximately $ 22,400. The square footage is about 2,584 square pess ( Otsego ) . Included in the entire cost are the mortgage, down payment, and shutting costs. A mortgage is a loan secured by the belongings or place that is bought ( Coldwell Banker ) .

The first disbursal that I paid was the down payment. The down payment is the first payment of the mortgage. The larger the down payment, the less that I will hold to borrow from the bank. Following I had to pay shutting costs, which include the Bankss cost of surveying, good, infected, belongings revenue enhancements, house insurance, and assessment ( Otsego ) . A study of the land measures the exact boundaries of the belongings. The well and infected connects the house to the H2O tabular array and the infected drains the waste and H2O from the house. The revenue enhancements of the belongings must be paid upon shutting of the house. The appraisal fee covers the estimation of a belongings? s just market value ( Otsego ) .

The first long-run disbursal is the mortgage. There are two sorts of mortgages, chief mortgage and involvement mortgage. The principle mortgage is the existent cost of the house, whereas the involvement mortgage is the sum of involvement that accumulates on the chief loan. The principal is the amount of money you borrowed to purchase your place. To cut down the sum of money that is financed you can give the loaner a down payment. Interest is what the loaner charges you to utilize the money you borrowed ( Oswego ) .

The 2nd of long-run disbursals are revenue enhancements. In sing my place I took into history the school, town, and county revenue enhancements that I would hold to pay. The following disbursals

are inundation, fire, and householders insurance. These are the three basic insurances for a place in which you can be reimbursed for amendss from these. Flood insurance insures that if a inundation amendss your place you will have money for some of the points that you have lost. Fire insurance insures that if your house is damaged because of fire you will have compensation for some of what you lost. Homeowners insurance can include burglary, which you will have money for the points that were taken.

The 4th and concluding of long term disbursals is care of the cabin. It is of import to observe that log places are non maintenance free, though log place care is no harder than the care of a conventional place. My first concern was about saving of the wood. The wood has to be sealed to stay the natural expression intended. Resealing? every two to five old ages resists decay of the wood. The wood articulations normally are sealed with chinking, which is a mortar mixture, caulk, or froths ( Cooper, 14 ) . ? These articulations should be checked every so frequently to maintain the wood from disintegrating. I recommend resealing the whole house, either the interior or the outside, merely so the tone of the colour will fit throughout. This will besides assist to command the insect job. If workss are excessively near to you place, this can do insects to be attracted to this location ( Conrad, 56 ) . Woodpiles should be moved off from the house to maintain white ants as far off as possible ( Cooper, 14 ) . You will besides necessitate a long private road because no 1 builds a log place right on the street. The private road will necessitate to be touched up every 5 old ages or so because of checking in the blacktop.

There are two manners of roofing you can utilize. The traditional roofing stuff is herpes zosters. These normally have a guarantee of 20 old ages and have to be replaced every so frequently depending on the location of your place. The other, which will last a life-time, is metal. This is a existent trade because it will decidedly salvage you in the long tally. There are no replacing costs because it lasts old ages beyond the mean life-time.

My concluding consideration was the location of my place. I chose a state puting with a batch of trees. A log cabin would look truly unusual following to the route in a metropolis, wouldn? t it? The size of my batch is large plenty to hold my pets able to run where needed. Property costs are more than in the metropolis because I have much more land. Besides, Binghamton is ill industrialised and in order to convey in people they lower their belongings costs. In my overall monetary value the belongings costs were non included.

It was of import that my house be located near the comfortss I needed. My house is near adequate to be able to make work in a nice clip. It is slightly near a food market shop and other shops such as a promenade. I researched the response clip of the fire and constabulary section in instance they are needed and they were satisfactory. I besides checked into how frequently the country is patrolled by an officer and it was equal.

Another less of import factor is the agreeableness. You can include a deck, which I have on my cabin, pool, Jacuzzi, or anything you want. Depending on what you add on, you can add a batch more to the cost of a place.

When the mist arose I knew that this was the log cabin I wanted and was traveling to purchase. The size met what I was looking for. The location was perfect for the comfortss needed. And the monetary value was good within what I wanted to pay.