rockfordrealestate.comRockford Real Estate-Building Home Tips
Welcome to the Rockford Real Estate homes buying tips area. Through Barb Erdmier's efforts to provide you with the maximum amount of information that you need and the services that you are seeking, She has compiled a list of tips that she has found to be helpful when thinking about building a custom built home in the Rockford Real Estate area. Barb has a close relationship with some of the top custom home builders in the Rockford Illinois area. Barb Erdmier from REMAX Property Source in Rockford, IL is your Illinois real estate representative and would be glad to assist you with any questions you may have about building a home or purchasing homes for sale in Rockford, IL. Please feel free to contact us anytime for more information.
Contrary to popular belief, building your own semi-custom or custom home is a lot more affordable then you may think. Building your own home comes with a variety of advantages including, not inheriting someone elses worn carpeting, personal taste in kitchen appliances and so on. Below are a few tips for building a home in Illinois.
The Initial Interview
This is the first face to face meeting. If your builder hasn't already determined where you wish to build or what you wish to build, this is the meeting where your builder and you will try to clarify the direction you wish to go. If you have a lot and your own blue prints, you are way ahead of the game. If you don't have your lot, your builder can search on line and visit various properties until they find the one that's right for you. If you need help in selecting a home plan, they work with award winning national designers and can help you find exactly what you want. They will work with you during the interview process or you can search on-line at your leisure until you find the home that's right for you. Your builder can also refer you to one of their architects if wish to go that rout.
The Bidding Process
Once you have selected a house plan and building site, your builder will send the prints out to the various trades and get multiple quotes from qualified subcontractors for any work your builder does not complete in house. This includes electric, plumbing and HVAC to name a few. They will accumulate and compare the information and select the vendors that they feel they can get the job done with the highest level of quality at a reasonable price. The subcontractor bids will be added to the lot price, our management fees and a set of generous allowances for items that you will select during the process that are often not known at this time (i.e. appliances, flooring, light fixtures, plumbing fixtures, etc.).
Once you have selected a house plan and building site, your builder will send the prints out to the various trades and get multiple quotes from qualified subcontractors for any work your builder does not complete in house. This includes electric, plumbing and HVAC to name a few. They will accumulate and compare the information and select the vendors that they feel they can get the job done with the highest level of quality at a reasonable price. The subcontractor bids will be added to the lot price, our management fees and a set of generous allowances for items that you will select during the process that are often not known at this time (i.e. appliances, flooring, light fixtures, plumbing fixtures, etc.).
Pre Contract Meeting
At this meeting, your builder will present you with a quote on the expected cost to build your home and will address any questions, comments or concerns you may still have prior to moving forward.
Contract Meeting
This is where your ownership and building experience truly begins. At your contract meeting, you will be presented with a purchase agreement and various addenda that constitute the legal understanding regarding the purchase of your new home. This meeting is designed to give you a clear overview of the selection, construction, and warranty processes. After this meeting, you should have a realistic understanding of what to expect during and after the construction process and move in date have passed.
This is where your ownership and building experience truly begins. At your contract meeting, you will be presented with a purchase agreement and various addenda that constitute the legal understanding regarding the purchase of your new home. This meeting is designed to give you a clear overview of the selection, construction, and warranty processes. After this meeting, you should have a realistic understanding of what to expect during and after the construction process and move in date have passed.
Selection MeetingNow you can begin the exciting process of personalizing your new home. A home builder team member will guide you through the selection of options and the customizations. Transform your home into the space of your dreams with items like upgraded countertops, and personal details such as built in cabinets, inlayed hardwood flooring or custom theater rooms to name a few.
Pre-Construction Meeting
You will be introduced to your production team who will review your selections, any special requests, and the site plan for your home. Your builder will also provide helpful guidelines on safety, security, and answer any questions you might have about the construction process. During this meeting, you and your production supervisor will walk through your new home just prior to the installation of the drywall. This will help you gain an understanding of how the framing and mechanical systems of your new home work.
You will be introduced to your production team who will review your selections, any special requests, and the site plan for your home. Your builder will also provide helpful guidelines on safety, security, and answer any questions you might have about the construction process. During this meeting, you and your production supervisor will walk through your new home just prior to the installation of the drywall. This will help you gain an understanding of how the framing and mechanical systems of your new home work.
Pre Settlement Orientation
As your home nears completion, the last formally scheduled meeting with your production supervisor will include important information about your warranty and the completion of your home's final inspection.
As your home nears completion, the last formally scheduled meeting with your production supervisor will include important information about your warranty and the completion of your home's final inspection.
Closing
At closing the Title and other documents conveying your new home to you will be executed and delivered.
