If you are planning to get your dream home built by a custom home builder, it is vital that you consider various things before signing up a contract with a home builder. Keep in mind that a home build is a very big investment and you would not want to get anything wrong along the way or it will certainly cost you money. There are lots of custom home builders everywhere and finding the right one who will build your home is very important.
To make sure that you get the right custom home builder who will build your custom home for you, you will need to do the following:
Ask for Reference – once you have a particular custom home builder in mind, you will want to talk with them. Ask them for reference that will help satisfy your doubts with them. Their reference will be able to vouch for them. Good references will include previous clients as you can also view from the outside the types of build the home builders you are planning to hire are capable of. This will allow you to check if their style of making homes matches the one that you have in mind. If you do talk to references, especially past clients, ask them if they encountered any issues with the home builder and if they were able to fulfill what was in the contract – within the agreed upon time frame and within budget. If there were any conflicts, how were they solved?
Get an Estimate – it is vital that the home builder you will be hiring will provide an estimate based on the type of home they will be building for you. If there is already a design draft, ask second opinions on estimates from other home builders. A low estimate does not mean you are getting a lot of savings as they may actually cut corners on some areas or use low quality material to be able to create the home based on the plans. If you have multiple home builders with good reputations in mind, do not always go for the lowest estimate but go for the one who can provide you the most over what you can afford.
Ask Questions – if you plan on hiring a particular home builder, it is your right to know certain things about them, such as if they have insurance, if they are bonded, if they have the necessary permits, and if they can show you some of the licenses, permits, and insurances they have. Not being able to show you these and showing any hesitance with it should make you wary about them. You may also want to ask how long they have been in business and what warranties they can provide you with the build.
Contract – if all things go well and you are ready to hire the custom home builder, make sure that everything you have agreed upon is in contract. Make sure that nothing is left out on the contract as the contract will be your overall proof of the agreement made by you and the custom home builder.
A custom home builder that has been in this type of business for a long time means that they are very experienced in doing the thing they do best – building custom homes. This also makes them better in making estimates on the home they are building. For this reason, it is crucial that you make sure that you tell them what you want and not make any adjustments later on. Keep in mind that certain adjustments can be costly on your part as this will be breaking part of the contract.
If you want to add a few more windows on the design, you will likely pay a lot more for that adjustment. The home builder you have hired will have made the estimation based on the clear specifications you have made with them. Making any adjustments such as the adding of windows or any other stuff midway during the build will certainly call for adjustments on their part. To prevent confusions like this, make sure that your contractor is in agreement to such adjustments and that minor changes will be properly extended to each other with very minor price adjustments. This will help to prevent any arguments during the build.