New Construction Negotiations

The building process is complex with over 100+ builders to choose from in the South Bend area.  Which are the best builders and why?  We know.  We can walk you through the building process, making it an enjoyable experience.  Here is our 10 step construction plan:

1. Initial Meeting & Needs Analysis
   Is new construction the right move for you? The pros and cons? Generally, in the South Bend market, you get more bang for your buck with an existing home. What are the reasons for building?
2. Floor-Plan Design & Functionality
   You've decided to build. What floor-plans stay within your budget? What floor-plan is the best for re-sale? Should you choose an existing floor-plan or customize your own? We can professionally design your floor-plan with our new state-of-the-art CAD system. See an example below:
   

   Sample Exterior	Sample Floor Plan
   (Click the pictures for larger versions)

3. Lot Selection
   Which subdivisions are hot? Which are not? Where is the new construction growth going to be in the next 5 years, 10 years, 15 years? What areas are the best for re-sale?
4. Developer Negotiations & Contracts
   How much are certain developers willing to accept for their lots? Which developers expect payment immediately? Which developers are willing to wait until the home has been complete?
5. Lot Financing
   Which Banks and Mortgage Companies finance lots? What is the down-payment? What is the interest rate? What are the closing costs?
6. Builder Selection
   The most critical piece of the puzzle. Which builders build in my price range? What is the builder's reputation? Which builders follow-up after the sale? Which ones don't?
7. Builder Negotiations & Contracts
   What is the sales price? What is included? What are considered extras? How much does the builder expect up front? Who carries the financing during construction? The insurance?
8. Construction Financing
   Which Banks and Mortgage Companies finance construction loans? What is the down-payment? What is the interest rate? What are the closing costs?
9. End Loan Financing
   Who has the best interest rates and closing costs? Should I lock-in or float the rate until closing? What type of loan is best for me: fixed, variable, balloon?
10. Project Management & Supervision
    It's nice to have one person who can handle everything. One point of contact. You may be out of town. You need someone here locally to handle all the details.