Building A Custom Home...Things Home Buyers Should Keep In Mind | Charlotte Home Construction
Once home buyers have decided on a lot, floor plan, upgrades, and type of financing, there will still be several things for the buyer to keep in mind. The buyer will most likely obtain a construction loan and will sit down with the bank to discuss how the builder will be paid. Builders are usually paid in four draws once different stages of the construction is complete.
The next step for the builder will be to stake out the house and to clear the lot. The home buyer needs to see the ribbons staked at the corners of the house so that they can better visualize how the house will sit on the lot. They may want to move the house to a different location or tweak one of the corners to save a tree that would have otherwise been cut. The home buyer may also want more or less vegetation removed from the lot than what they originally told the builder.
The foundation will be built next. Once this is completed, the home buyer should frequent the job site to make sure that everything is being built to the buyer's expectations. It will be much cheaper to make changes or to correct mistakes if they are caught early in the building process. Be prepared to see many contractors and subs on the job site even though the main contractor may not be present. Feel free to get to know these workers and ask them questions.
Once the home is complete, and before the last draw is paid to the builder, make sure to have the home completely inspected and make sure that it is what you had contracted the builder to construct. Always get a home warranty that is over and above the state implied warranty on new construction.