Published at Sunday, April 15th, 2018 - 13:10:22 PM. Flooring. By Christelle Brunelle.
Financial institutions usually don't have much experience with log homes. Lenders follow Fannie Mae's guidelines to appraise a property by comparing its value to that of similar homes which have sold in the past year. This can mean the appraiser must find at least three log homes which have turned over in the same county in the past year - hard task iin many areas. However Fannie Mae considers log homes to be in a class with "rustic-construction" bungalow style house plans; therefore any rustic home can be used in the comparison (have the appraiser or the mortgage loan officer contact FNMA to obtain clarification).
When considering the design whether large or small log home plans imagine what the house will be like from the inside where you will actually be living rather than from the outside (how it will impress other people). Make a list of your needs - how many and how big the bedrooms bathrooms kitchen and dining areas living room porches etc. do you need? You can make paper cutouts of rooms and move them around experimentally to create a viable living space suitable for your own needs. When you bang up against your total budget pare down the "nice to have" from the "must have".
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