Our Process

FAQ's

Answers to frequently asked questions by home buyers

Q
What is earnest money and how much will it cost?
A
Earnest money is the amount of money required to start the home-buying process. The earnest money secures your new home on the home site you have chosen. The earnest money will go toward your down payment upon move-in. The amount of earnest money varies and our Sales Representative at the community you selected can provide this information to you.
Q
How is the final sales price on my new home determined?
A
In addition to the base price of the home you will meet with a Sale Representative during the home-buying process who will discuss any enhancement you may want in your new home. Once these decisions have been finalized, you will be presented with the exact sales price of your new home.
Q
Do I need to be pre-approved for a mortgage loan before I write a Purchase Agreement?
A
Most home buyers will apply for a mortgage loan after signing the Purchase Agreement on their new home. The Purchase Agreement is contingent upon financing approval. Some home buyers elect to obtain pre-approval for a loan prior to writing a Purchase Agreement to confirm the maximum amount they can borrow.
Q
How long does the Construction Process usually take?
A
The construction process takes about 150+ days depending on weather and land development.
Q
How much money I will need for closing costs?
A
Your loan officer will call you with this information about a week before closing. There are a lot of factors that determine the exact dollar amount of your closing costs and prepaid expenses. However, our Sales Representative will be able to give you an idea what you can expect, using an estimated closing date.
Q
What is a walk through and when will it be scheduled?
A
A walk through is the orientation of your new home. Any questions on your new home will be addressed. The walk through is scheduled a week prior to the closing of your home.
Q
Can I get my appliances and flooring elsewhere?
A
Unfortunately, no. Due to inspections for Certificate of Occupancy on the home and liability restrictions, we are unable to let third party, non-approved vendors do any work or installations within the home prior to closing on the home. You can, however, change out any flooring and/or appliances you would like upon closing on your new home.
Q
What does my HOA fee cover?
A
Depending on the community that you are building in, the answer to this may vary. For instance, the HOA (Home Owners Assoication) fee will be more in a Townhome or Condominium than in a Single Family Home, but it will also cover more. For more information on a community HOA specifics please consult our Sales Representative.