Thursday, October 25, 2007

How to select a Builder



Choosing the right builder is just as important as choosing the right lender. Your builder needs to be an experienced professional with a proven history of delivering a high-quality product on time and on budget.



Where do you find a builder?

Begin your search with family and friends who know people who have recently built homes. Professional organizations like your local Home Builder Association are also good sources of builders in your area. Ask a local real estate agent familiar with new home construction in your area. Drive around and note the builder's name on a project that appeals to you. Once you narrow down your selection, ask for references and estimates. Just remember that the lowest estimate is not always the best deal. If licensing is required in your state, be sure to select a licensed general contractor.


How do you know who is a custom home builder?

There are two types of home builders-custom builders and production builders. Unless you decide to purchase a home in a new housing tract where the homes are built from a single, large volume production builder, you'll want to work with a custom builder.

Custom builders:
Typically build on land you own
Specialize in one-of-a-kind homes from plans designed by an architect or designer
Build single-family homes, both primary residences and second homes
Typically build fewer than 25 homes a year
Tend to build luxury, high end homes


Happy building,
Troy Schuricht
troy@cffinfo.com
480-305-8905
http://www.communityfirstfinancial.com/

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