Buying a new home is among the most significant milestones in everyone’s adult life. Behind the goal of getting a dream properly lies a ton of research, background checks and supervision to ensure everything goes as planned. From the very first step of selecting a builder/developer, you have to keep your eyes peeled if you want your money’s worth. In this article, we’ll tell you all the key factors to look out for when deciding on a builder for your dream home.
Thorough negotiation and discussion is crucial before you sign on any builder. Walking into the discussion, you should have a clear vision of your dream home specifics, so you can communicate them to the builder with full clarity. Here are some questions you should put forth to the builder.
- Can I see your project portfolio?
- How does your pricing model work?
- When are payments due?
- What about a new home warranty?
- How often do you schedule inspections of the site?
- Can I suggest remodels and modifications based on my preferences?
- Who will be in charge of the construction?
- Is there an architectural review board for the site?
The keyword here is accountability. You want to make sure everything in the agreement between you and the builder is accounted for and authentic.
The rapport you have with your builder is instrumental to the process of making your dream home a reality. If both of you are on the same page, the construction will go a lot smoother. In that interest, we’ve listed some factors for you to focus on in the timeline of homebuilding:
Before: Contract specifics, building outline, payment formalities
During: Site supervision, modification and furnishing (if any)
After: Handover process, payment/loan settlements, home guarantees.
We hope this article was informative to you as a prospective homeowner. Get in touch with us at Malles Constructions if you want to get started on the momentous homeowner journey!
