You've decided to join the thousands across the country opting for new construction homes. Congratulations! The construction industry is alive and well and busy working to meet the continued housing demand in many regions all over the US.
If you've chosen to build in a location with custom homes, once you purchase your building site, next comes the critical decision of hiring the team that will bring your house to life. Read on for a quick few tips to help you choose a custom home builder.
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When you build in a custom home community, the land sales team can often provide a list of preferred home builders to help narrow your search. The benefit of considering builders from a curated list is that the community typically has a good working relationship and history with those builders. Therefore, it is not only in your best interest for them to do an excellent job for you, but theirs as well since they have an established reputation within the development.
Visit the company's website, contact references, and notice things like how quickly they respond to email, phone, and texts. You will be working closely with your custom home team, so you need to have confidence that they value your time and needs.
There are many moving parts when it comes to new homes, and you will want to find out what kind of support a construction company will provide.
For example, will you need to source your own plans? Is architectural design a part of the package? Is there an onsite designer or decorator who can help you shop for and select features and colors? Will they make recommendations to help you maximize space, views, or opportunities for future market value when you decide to sell?
Be sure to get a clear picture of what is included in your new home package and what options or upgrades may be available to save you time and stress.
Large production home builders like Pulte, Lennar, or Ryan Homes make home building look simple because they offer homes built with the same few plans, often repeating features and materials. This approach allows them to order in bulk and move materials and resources across multiple homes under construction at the same time.
With custom homes, you still benefit from efficiencies learned through a builder's experience, time working within a development, and partnerships with vendors and specialists. But you won't have to select paint, tiles, and the like from a few pre-determined samples. Custom home builds allow you to have a new home that's as unique and stylish as the family that lives there, with specialists to help you bring every detail to life.
You'll need to find out what the building process is with each builder you consider. Some questions to ask include:
It's fun to visualize turning your property into a dream home! Consider working with a custom home team with professional designers on staff to help you design or customize your house plan to suit your location, personal style, and budget.
When you work with a professional design team, they'll begin to form a picture of your tastes and the things that matter to you most. They'll meet with you and help make deciding on the look and feel of your home fun and stress-free.
Most new property owners will need a construction loan to finance materials and labor throughout the construction process. Local banks are often great resources for construction loans because they can be easy to work with, getting back to you quickly when you call or need to draw on your loan.
When you begin your search, don't just research construction loans. Ask if there are any options to later convert your construction loan into a mortgage, the different mortgage options, and perks or programs for certain types of buyers, such as active service personnel and veterans.
It sometimes makes sense to shop a couple of providers to see which financial institution is the right fit for your needs.
You've done your homework and are prepared to contract with a custom home team to make your new home a reality! This time will be exciting and fast-paced, but don't let the decisions or details overwhelm you.
As with every home build, remember that a bit of flexibility will go a long way to keeping your project moving so you can get to the business of starting your new life soon!
Tennessee Custom Homes is the preferred builder at Tennessee National, East Tennessee's fastest-growing lake and golf community. Visit our website at tennesseenational.com to learn why families from all over the US are choosing to call Tennessee National home.
