THE CUSTOM HOME BUILDING PROCESS
1. TO BUILD Deciding you want to build a new home. Then choosing an area or neighborhood you would like to live in. If you do not already own a lot, this is a good place to start.
2. PRE-QUALIFYING Determine how much you want to spend. Determine your borrowing capacity or comfort level for a mortgage with a construction loan specialist. Lenders' specializing in new construction are, usually, the most competitive in pricing and most helpful with requirements unique to new home construction. If you do not have a construction lender in mind, we can refer you.
3. PROPERTY SELECTION Researching lots currently available within your price range should be within a percentage of your total budget. Keep in mind topography, slope, view, solar orientation, and neighborhood covenants and restrictions. We can help with this part. Our experience may help in determining effect on construction cost and design.
4. HOME DESIGN Have your new home designed to your budget, needs and wants of your lifestyle, and to your property. If you do not have an architect or designer we will gladly refer you. Quality plans are the best step to ensure VALUE. We can help with a general cost per square foot based on style and features you desire.
5. BUDGETING As plans are being drawn, we can meet and talk about features and products you may want in your new home. With blue prints and a site plan complete, we can give you a detailed budget. A detailed budget is derived from customer selections of materials, finishes, and products. We can help fill in the gaps and provide specifications for the entire project. This gives you a legitimate budget for the construction of your new home. These choices/selections are not final, but as construction progresses, having realistic products and quantities in your budget makes staying in budget much easier.
6. CONTRACT With plans, specifications, and pricing ready, we complete the construction contract. With contract in place construction financing and building permits can be formally applied for. You will receive a job book complete list of materials from types of concrete to appliances.
7. FINANCING Construction financing requires a contract with the complete plans and specifications in order get an appraisal. The pre-construction appraisal is the key to how the bank values your home and interprets need for down payment, loan amount, etc.
8. BUILDING PERMIT AND CONSTRUCTION START It is typical to apply for the building permit as financing process is under way. With a completed building permit and construction loan closing, construction can be scheduled to start.
9. CONSTRUCTION During construction we oversee and perform work while ordering and arranging for deliveries of building materials. We provide choices and options as the construction schedule progresses. Our building professionals and suppliers help you in making selections throughout the process.
10. COMPLETION Upon completion of construction, we meet with you and go over the final details. It is truly our pleasure to hand you the keys to your new home.
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