|There's a formula for insuring success. It doesn't just happen by chance.
Here's some food for thought on some of the questions and concepts to help
you progress toward a successful new home building experience:
What is the cost per square foot the builder charges for his basic home?
What is offered at that price? Most builders have a baseline price?
What is the price of the lot? How do you know if it's priced at market
value? Does the builder currently own it? Also, you'll want to footprint
the house on the lot before making a decision.
Have soil, hydrology and survey reports been done by qualified professionals
on the lot? These should be reviewed!
Will there be additional costs/risks associated with building on your lot
Are there property boundary costs? How much are they? Is there an allowance
in the builder's basic price toward perimeter fence/wall costs? How much?
What specific warranty features does the builder offer and for how long
and by whom?
Have you checked with the BBB and Construction Industries Division for
Have you asked for references? Insist on the names, addresses and phone
numbers for the owners of the last 4 homes the builder has completed? What
specific questions should you ask them?
What are the allowance amounts that are provided by the builder for lighting,
cabinets, plumbing fixtures, carpet, tile, landscaping, etc.? Will they
What are the consequences for you with changes you make in your house after
the plans have been approved.
Should you buy the lot? Are you allowed to buy the lot?
Should you get the construction loan? What are costs? What are the benefits/disadvantages?
How do you negotiate on price?
WOW! I'm just getting started, but I don't want you to leave with the impression
that this is a daunting task? Being an informed buyer, having a checklist,
and having the right, dedicated and knowledgeable Buyer Agent to help you
is of paramount importance. I know the process. As your Buyer Agent, I
will leave no stone unturned in making sure that your new custom home is
In building a new home you have a unique opportunity to create a living
space that will provide you with a superior quality of life based on the
quality and function of that living space.
You need to have a way of comparing the quality features that different
builders offer. The quality you pay for in your home should have a benefit
to you. Quality means greater comfort and enjoyment, higher resale value,
lower maintenance and operating costs. It means your dream home will last
and last. It means greater pride of ownership.
Aren't these some of the concepts you want to further in your new custom
home? Call 1-800-842-0404 or email me at firstname.lastname@example.org and let's