When making a decision about which home builder you work with, there are several important factors to consider. One won’t want to choose the first contractor they interview who claims to have the appropriate licenses.
A good builder will have many other characteristics beyond the basic skills required to get a license and those characteristics could make the difference between getting the building the luxury home of one’s dreams and a very expensive hole in the ground. Below is the list of a few things one should keep in mind while choosing a good home builder:
Listing possible builders:
Once the type of house and choice of area of residence is decided, it’s best to create a list of possible builders. One could refer the real estate section of the local newspaper for builders and projects. Looking through ads and reading the articles can help learn which builders are active in each area, the types of homes they are building and the prices that are expected to be paid. Local real estate agents can also be of help in due course of the search. Talking to friends and relatives for recommendation, asking them for names and acquaintances who have had a good experience with the builder.
Interview potential home builders to get the answers to all the questions one has. One can ask questions like
- Are there any additional fees relating to the home or development?
- Will there be a home owners’ association? If so, what will the dues cost and what do they cover?
- Does the builder offer a warranty programme?
- Does the price include landscaping, etc?
When you talk to builders and home owners, take along a notebook to record the information you find and your personal impressions about specific builders and homes. Doing so will help you to make comparisons later.
Shop for quality and value:
If buying a new home is on your mind. Invest some time and energy in visiting real estate fairs. Home shows sponsored by builders are good opportunities to look at all the various investment opportunities of the city at one place. Model homes and houses displayed in home shows are often furnished to give ideas for using the space. One may also ask a builder to see unfurnished homes.
Insurance and licenses:
At the risk of stating the obvious, when selecting a luxury home builder, one should not even consider working with a company that doesn’t have the appropriate licenses and insurance coverage. When it comes to insurance, a contractor should not only have worker’s insurance, but also liability insurance. Otherwise, the property owner could end up being liable if someone is hurt while working on your property.
Not every good builder chooses to join their local Home Builder Association, so one shouldn’t place too much emphasis on this. However, such membership does tend to show that a builder is committed for the long-term welfare of the area. It’s also a sign of commitment to new home community developers, building product suppliers and trade contractors that work in a city or town.
Are past home buyers satisfied?
Many builders offer customer references and referrals. If not, one can ask. And in either case, follow up. A few great questions to ask: Would you buy another home from this builder? Or recommend them to close friends or family? And one shouldn’t forget to ask for the key reasons why a past home buyer would or would not recommend a builder.
When examining a home, one should look at the quality of the construction features. Inspect the quality of the cabinetry, carpeting, and paint. One can ask the builder or the builder’s representative a lot of questions. If one receives the answers verbally rather than in writing, take notes. Never hesitate to ask a question. What seems like an insignificant question might yield an important answer. There is a lot to think about when selecting a custom home builder. Yes, it can be a little overwhelming but isn’t it worth it? It is always worth the time to make sure the company one chooses is one that represents the best the industry has to offer.