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CUSTOM HOME BUILDING PROCESS
Phase 1 - Site selection & Plan design
1. ESTABLISH A BUDGET
When we first meet, we’d like to address your price range. This information is important, because it will direct us to the community which meets your affordability, and will help us to determine a square footage for the home based on your desired finish specifications.
2. FIND AN IDEAL LOCATION AND PLACE A LOT RESERVATION
Once we have established a budget, we look at communities that offer you the convenience and location suitable to your lifestyle. At this time, you let us know what is important to you in regards to your home location. Location can have many variables from the school district, to the distance from your workplace and shopping, and whether a walkout basement is necessary. Once we know these variables, we can show you our lots available that meet that criteria or search for a lot/site that is not in our current inventory. Location is the first step. Once we know the location we can design a home which fits the site and the contour of the land.
3. PLAN SELECTION FROM OUR ARCHIVE, WITH MODIFICATIONS, OR START FROM SCRATCH WITH A COMPLETELY NEW PLAN.
Throughout 18 years of business we have good size portfolio of plans to choose from. They are all custom designed plans and can provide a basis for plan design modifications. In our design meetings we will seek to understand your needs and desires and if necessary, start a custom plan from scratch. Often, it is helpful to provide ideas off your internet searches so we can establish a vision for the design.
4. PRICING THE HOME TO MEET YOUR FINISHING SPECIFICATIONS
When we have finalized the footprint of the home, we will proceed with the full construction set of blueprints. At this time, we will meet with you and review the plan room by room, as to your requested level of finish, from carpet and hardwood, to trim and cabinets.
When we have these details, it is time for us to bid the home with our contractors. This takes about a week. Our contractors will then submit their bids which they will hold for 30 days. We plug the bids together to establish the contract cost of the home.
5. PRICE PRESENTATION WITH 10 PAGES OF SPECIFICATIONS, CONTRACT SIGNING, PRE-APPROVAL FROM A BANK , AND DOWN PAYMENT.
Upon completion of the above pricing phase, we schedule a meeting with you to review the contract price complete with a 10 page specification, which details room by room the finishings you requested and their appropriate allowances. The next step is contract signing. Our contract consists of the signed Louisville Home Builders Association contract, the signed specifications, and the signed plan. Once these items are complete, we have the contract to build. At this point we require approximately 10% down, and within a week of signing, a pre-approval from a bank. This does not necessarily have to be the bank you get your final financing with. This is just a pre-approval that states you can qualify to purchase a home of that value.
From this point on, your home is in good hands. Your home is “our job”.
Phase 2 - House Construction
(THIS IS WHERE OUR COMMUNICATION IS THE KEY TO A SUCCESSFUL PROCESS)
1. OCCASIONAL SITE WALK-THROUGHS @ SET STAGES OF CONSTRUCTION
Our emphasis on communication will be a huge value through the construction process. We will let you know the items that will be needed several weeks ahead of each selection. Typically, we will meet at framing completion and mechanical installations to review your requests and any potential changes you may have. Then we will meet after drywall for the trim walk-through. Next we will walk through again several weeks before closing to start reviewing punch list items with you.
It is important that you understand we will accommodate your schedule whenever meetings are necessary, and we are available to meet anytime, no matter the reason, even though it may not be at a set stage. It is our service to be at “your service”.
2. INTERIOR DESIGNER ASSISTANCE
We provide this service to help in paint color, tile, and carpet, with an interior designer who is current with the decorating trends of the time. This gives you assurance that a professional has given insight as to the finished look of the home.
Phase 3 - Completion, Closing, and Warranty Support
1. PRE-CLOSING WALK-THROUGH
At this point, closing is only days away. We will perform a walk-through on the home for punch list items, and focus on completing all items prior to closing. Occasionally due to weather or a supplier delays an item or two might be left to punch out. In this case, any remaining item will be documented at closing and completed on a priority basis.
2. CLOSING & FINAL FINANCING
Closing is when we hand you the keys to a home we would gladly call our own. A home which we spent months caring for, as if it were our own. Several weeks prior to closing we will have notified you to start processing your final documents with your bank. On average, most banks will need 3 weeks or so to order the proper appraisals and process the paperwork.
3. WARRANTY COMMITMENT UPHELD
At this point, we gladly support the warranty we provide you at closing. We make sure you are not forgotten , and our level of communication will remain the same, should our assistance be needed. Should you have a problem or concern, we are just a phone call or email away. At one year, we will walk-through the home to see if you have had any nail pops or caulking issues that may have appeared following a heating and cooling season, of which a home typically needs to adjust.
"Nothing compares to a new home that has been designed and customized to the needs of its homeowner"
"One on One, we will work with you to make your new home a reality, step by step."