2008 Carolina Classic Home & Garden Show

The 2008 Carolina Classic Home & Garden Show is March 14-16 at the State Fairgrounds. This annual show (the 42nd one) is a great way to learn more about home building, remodeling, and gardening. There are over 300 exhibitors planned to be at the show along with a number of seminars offered throughout the weekend.




One of the big topics at the show will be Green residential construction.

Tickets are available at the gate for $5 per person - children 12 and under get in free. Friday the 14th is "2 for 1 Admission" day.

Show Hours:
Friday, March 14 11:00 a.m. to 9:00 p.m.
Saturday, March 15 9:00 a.m. to 8:00 p.m.
Sunday, March 16 11:00 a.m. to 5:00 p.m.

Maybe we'll see you there!

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What is a Footing?

Many people that build a custom home find that the process is also an education. There are so many choices to make and things to consider that you end up learning a great deal.


One of the unseen components of a new home, and one of the most important, is the "footings" which are a part of the home's foundation. Merriam-Webster's Online Dictionary defines a footing as:

"an enlargement at the lower end of a foundation wall, pier, or column to distribute the load."

The most typical footing is made of concrete supported on undisturbed natural soils or engineered fill. This concrete footing's purpose is to support the slab, crawl space foundation, or basement walls that sit on top of it.



Footings are usually dug out of the ground with an excavator. The International Residential Code for One- and Two-Family Dwellings specifies the minimum width and depth required based on the soil type and construction dwelling type.



Reinforcing bars (steel rods, also called rebar) are then placed inside the footing to reinforce the concrete.


Finally, concrete is poured into the excavated area.



Footings are so important in the construction of a new home, that both Richland and Lexington County require footing inspections before the concrete is poured to make sure that they are constructed properly.



At Master Plan Homes Inc., our footings exceed the minimum requirements for width and depth to ensure a solid foundation on which to build. If you have other questions relating to this post or about construction in general, contact us.

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The Truth about the Housing and Building Market

We've heard a lot about the housing market and new construction from the media. Much of what we've heard may be true in certain areas of the country, but each market is uniquie. The Columbia/Lexington area does appear to have slowed down, but it is not at a stand still. At Master Plan Homes Inc., we recently started on a new custom home in Lexington and we are working with another individual who is ready to build in Columbia.

The Home Builders Association of Greater Columbia's Buy Now Build Now web site offers a few "myth busters" that I would like to share.

Myth 1: The Sky is Falling.

If the truth be told, housing has always been a very cyclical business. In the mid-1970s and early 1980s and 1990s, housing production and sales dropped by more than 60 percent in a matter of months. During those cycles, we confronted and overcame many of the same problems we face today – large numbers of unsold homes, skeptical and reluctant consumers, tight credit markets and shortages of money for certain borrowers, declining home values, and prospective buyers who had difficulty selling their existing homes. The important thing to remember is that over time the market corrected and we rebounded to production and sales levels that beat or matched the records of the previous cycle. The message is that housing is a very tough and resilient industry. We will be back – stronger and better than before.

Myth 2: There’s No Mortgage Money.

If you believed the headlines or the endless drum beat about subprime lending on cable television news, you would think that the pot of mortgage money has dried up completely. Nonsense! The vast majority of our buyers are seeking conventional, conforming mortgages at or below $417,000. These loans are purchased by Fannie Mae and Freddie Mac and have the implicit guarantee of the federal government. While underwriting standards may be tighter for all loans, credit-worthy home buyers should have no problems in finding conventional, conforming mortgages at very attractive rates – slightly above 6 percent for fixed rate, 30-year loans. And with the latest moves by the Federal Reserve to cut interest rates and increase liquidity, the availability of money for jumbo loans has also improved for credit-worthy borrowers, although rates on those loans are about one percentage point above conforming loan rates and down payment requirements are higher. Nonetheless, getting the word out that mortgage money is available at a very attractive price for credit-worthy borrowers is critical to boosting consumer confidence and traffic of prospective customers.

Myth 3: Foreclosure Rates Are Skyrocketing.

While foreclosure rates have increased in the past year, almost all American home owners are making their mortgage payments on time and are in no danger of losing their homes. Most foreclosures are concentrated in the once super-heated markets in California, Florida, Arizona and Nevada, and the upper Midwest states of Michigan, Ohio and Indiana, which have been hit hard by job losses, plant closings and depressed local economies. In fact, in 34 states the foreclosure rate actually declined last month. We are concerned about the two million subprime loans that are due to reset over the next two years. That’s a major problem that needs to be dealt with. But it’s important to remember that 37 percent of all single-family homes are owned debt free – without any mortgage – and home owners nationwide have built up more than $11 trillion in equity that provides a good cushion against any decline in values. In addition, 97 percent of prime borrowers – the bulk of the market – are up-to-date on their mortgage payments. Also, a high number of defaults on loans to date have been among speculators or investors who were looking for quick profits and subsequently walked away from their investments when the housing market cooled.

Myth 4: Home Values Are in a Free-Fall with No Bottom in Sight.

Except for about 30 or so high-flying metro markets where home values doubled in four or five years, the correction in home values has been relatively modest. Over time, home values will stabilize and then edge upward with the next recovery. To argue that home values will continue to decline and will never recover, someone has to make a convincing argument that it will cost less to build a new home five years from now than it does today. That’s not going to happen.

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About Master Plan Homes Inc.

Let's get started out with a description of Master Plan Homes Inc.

Our company is owned and operated by Jon Foster and me (Salim Khalil). We both reside in Lexington SC and we both have offices in our homes. Having home-based offices allows us to keep overhead expenses down and therefore provide very competitive rates for our services. The primary service our company provides at this time is custom home building.

We typically work with people that have purchased a lot or land, either have or are working on house plans, and are ready to build their home. We have built homes across Lexington, Columbia, and Chapin ranging from under 2,000 square feet to over 5,000 square feet. Some of these homes have been in developed neighborhoods while others have been on private land.

Jon and I are known to be very honest men of integrity. When we build someone's house, it is very important for us to provide services with care and respect - it is going to be their home afterall. Often times our professional relationship with clients turns into personal friendships which we value.

If you plan to build a home in the area, feel free to contact us:

Jon Foster
803-331-8338
Jon@MasterPlanHomesInc.com

Salim Khalil
803-260-7546
Salim@MasterPlanHomesInc.com

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Master Plan Homes Inc.

Master Plan Homes Inc. now has a blog!


Stay tuned for more to come.


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