New Home Building Checklist
Checklist for building a new home 1: The first thing I recommend you do on the checklist for building a new home is to find out how much home you can afford to build? You will need some cash up front as well as finding a funding source for a construction loan or mortgage. To do this you will need to get pre-qualified or pre-approved so you know how much you qualify to build for.
Checklist for building a new home 2: Second on the checklist for building a new home is figuring out where you want to build. Of course information about the local town, school and taxes are critical considerations that you’ll need to research carefully before making your final decision on what house lot to purchase or in what development to build.
Checklist for building a new home 3: Next on the checklist for building a new home, you will have to decide what style/design of house you want to build. Once you know what you’re looking for you can research plans on the Internet, talk to builders, or discuss your ideas with an architect. In the end you’ll need a full set of blueprints.
Checklist for building a new home 4: The next thing you will need to do is find a reputable homebuilder or contractor. I highly recommend that you get estimates from three homebuilders or contractors. Most builders or contractors will give free estimates.
Checklist for building a new home 5: After you have decided which homebuilder or contractor you would like to use to build your new home, you will need to arrange financing. Once the financing is in place the builder or contractor can start the building process.
Once construction on your new home has started you will want to stay involved. I recommend you inspect every point along the construction phase for quality.
Closing on a new construction home is similar to closing on a existing purchase home. The one area of difference is the final inspection. Make sure everything has been built to specifications before issuing final payment to the builder or contractor.
Checklist for building a new home 6: And the final part of the checklist for building a new home is, moving in to your dream home. This of course is always the best part.
Also be sure to download the free new home Steps Guide above on the right, it has several checklist related to building a new home. Let’s recap…
Checklist for Building a New Home Quick Overview:
1. Find out how much home you can afford
2. Figure out where you want to build
3. Get estimates from reputable home builders
4. Make final arrangements on the financing for your new home
5. Stay involved in the build to ensure quality
6. Make sure you are completely educated on the new home building process. Get the guide above and become home building savvy.