Friday January 3, 2020
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Working with a home builder to build your new home is a lot different from buying an existing structure. While it requires some patience, having your home built to suite your taste can have its advantages. You may also be able to include certain features and options in your new home that you just cannot find in an existing one.
You need to establish an ongoing means of communication with your builder representative so can reach each other whenever the need arises during the homebuilding process. You must ask how he or she plans to communicate with you, when and how often. Don’t just wait for them to call. If you haven’t heard from him or her for a while, call them. Schedule site visits often to check the progress and ask any questions you have with each visit.
Other Things You Need to Know
In your contract with your builder, there will be a list of items included in the construction. Some of these might be landscaping, interior finishes (what type of flooring, countertops, appliances, fixtures, etc.) and exterior finishes (such as siding, roofing and paving) will be part of the construction process.
Make sure you and the builder see all of these things in the same light and are in total agreement as to what they will consist of and that you understand the total cost of construction. If there are any changes along the way, the builder representative must contact you and let you know what the changes are and what the new cost, if any, will be. All of this should be written in the contract and signed off on.
Most new-construction homes come with at least one type of warranty to protect the homeowner after construction has been completed. There will be a short-term warranty for this and a long-term warranty for the structure itself. Ask the your representative exactly what the warranties include and for how long they are valid. Of course, you can always purchase a home warranty on your own, but your builder should cover you in some way for several years after construction.
Homeowner Association (HOA) Documents
If you want to build in a community with a homeowner’s association, be sure to carefully read the HOA documents prior to purchasing the property. It can save you from making a very expensive mistake. You must fully understand what you are allowed to do with your home and yard and, more importantly, what is prohibited. Some HOAs, for example, do not allow pets outside unless they are constrained in some way; some don’t allow pets at all. Before you have your contractor build that four-story home, make sure the HOA allows for it.
Even before the foundation is laid, you and your builder should discuss what energy-efficient materials and processes will be in the home. Different types of insulation, windows, heating, cooling and roofing materials are rated for energy efficiency. While the most effective energy-efficient products may also be the most expensive, true energy efficiency will save you money every month by reducing energy bills, sometimes substantially.
To get a better idea of what type of warranties and energy efficiency you can have in your home, take a look at what Landmark 24 Homes offer for new homeowners. We have a variety of home designs, floor plans and outdoor amenities to make your dream of a new home a reality.