This includes reputation, where they build and materials used to build. Visit model homes to see the differences between standard and upgrade. If they don't have an in-house design center then schedule to meet at the off-site design center to compare options.1
Find The Right Lot
It's best to start the build process as if you may sell the home tomorrow! The right lot can make a huge difference with the resale value of your home. Ann can help you find a lot and will help you make the right decision to protect your overall investment.2
Negotiate Price & Contract Terms
Ann will negotiate the best price, the finest in materials/upgrades and make sure you are getting the most for your investment. She will also confirm the schedules and set expectations up front with the builder to avoid any confusion or problems in the future.3
Often builders will have their own agent or employee at the model home to answer questions and ultimately help with the purchase of a spec home or building a new home. Builder reps provide information such as: the differences between models and floor plans, what is standard or considered an upgrade and can usually share information about financing options. However, it’s important to remember that builder representative really only represent the builder, as they are obligated to do. As your Realtor, I look out for your best interest, negotiate the terms and make sure you get the best of everything for your new home!
Building a new home can be a long and confusing process. Although we have great builders in Central Ohio, it’s in your best interest to have Realtor representation, someone that is working only for you. Ann understands the construction process, the differences between standard and upgraded materials and will help to manage the overall project by staying in touch with your builder, the architect, and the site superintendent. If you can’t visit the homesite as the home is being built or make meetings with the construction superintendent, Ann is there to make sure everything stays on schedule and is what you expected it to be. She may also suggest a final inspection from an engineer to make sure your home is built solid to avoid any future problems.
If you are wanting to build a new home, every custom builder will ask if you have been pre-qualified for a construction loan. I work with several reputable lenders that specialize in new construction loans that can help you with the loan process. It’s always a good idea to shop around to compare closing cost and interest rates.
It’s always a good idea to research the builder for quality and reputation. There are a few ways to check for your peace of mind. Of course, you can Google search the builder but that may not always have accurate information. The Better Business Bureau is a great place to check for any complaints and how they were handled but the BIA/The Building Industry Association is a great place to start the research.
If you run into problems during the building process, I will be there to help you through the process to make sure you are treated fairly and that we can quickly resolve any concerns. If you cannot come to term with the builder, we will contact the BIA and the BBB. If that doesn’t get the issues resolved, I will help you to take it a step further to get quick action. You can also ask the lender to withhold payments on the draw schedule until things are taken care of properly.