How To Choose A Quality Home Builder

By
Mortgage and Lending with FHA, VA, Jumbo, Downpayment Assistance, Conv. NMLS #276329

 

A home is a huge investment, and not just when it comes to the dollar value. We invest our time and energy into making our homes personalized and unique places. Some people decide to build their own homes to fit their specific needs. Whether it’s the desire to have a special floor plan, unique features, or a design inspired by your own vision, you want your new home construction to result in a distinctive home you’re proud to call your own.
 
Below we will guide you through some questions and tips to help you find the best builder for your new home.


Determine Your Location and Budget
Before you can begin to create a list of potential builders, you’ll first need to identify where exactly you’ll be building your home and settle on a budget. While some builders have large footprints across multiple states, there are also local builders you may want to consider. For that reason, you’ll need to identify a neighborhood or specific area – or sometimes even a specific lot – where you’re looking to build. Once you’ve found your target location, you can then get started on your budget estimates.
 
Research the Builders in Your Area
Equipped with a thorough plan for your budget, you can begin searching for and vetting potential builders operating in the area where you’re planning your new home construction. You can narrow down the list of companies by first eliminating those that can’t accommodate any specializations that are non-negotiable for you, such as a specific architectural style.
 
Review Licensing, Insurance, and Warranty Policies
Requirements vary by state for licensing and insurance. You should get a general idea of what’s required where you’ll be constructing your new home so you can ensure the builders you’re deciding between are properly licensed and insured. It’s also a good idea to obtain verification of this coverage. Just like your favorite electronic device or a vehicle, your builder should provide warranty coverage, ensuring any defects will be repaired should such a situation arise. This house is meant to be your dream home, and you’ll rest easy knowing you’re covered for errors in workmanship, electrical or plumbing issues, or even in the event of major structural damage.
 
Get To Know Your Builder
As you narrow your selection down to a few companies, take the time to build a relationship with them. Evaluate whether their communication style will compliment yours. Perhaps even more importantly, assess your confidence and comfort around addressing potential concerns with them, as that type of feedback is bound to take place at some point during the construction journey.
 

Source:https://fhmtg.com/2021/06/24/how-to-choose-a-quality-home-builder/

 

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Lisa Perry, Senior Loan Officer

"Your Northern VA Mortgage Specialist"

540-273-2733

NMLS ID #86548 / 276329

Email:  LPerry@fhmtg.com

Apply on line:  LisaPerrryLoans.com

 

 

 

 

 

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Comments (1)

Kristin Johnston - REALTOR®
RE/MAX Realty Center 262-567-2455 - Waukesha, WI
Giving Back With Each Home Sold!

Great information.  Thanks for sharing and have a wonderful day!

Jul 22, 2021 07:16 AM
Lisa Perry - NMLS # 276329

Thank You,


Enjoy your day as well.

Jul 23, 2021 12:19 PM