Building a Custom Home - Part 3 The Building and Buying Process

Once you have found a builder that you trust and feel confident in them and their professionalism here are a few steps to take and that will happen throughout the building process:

·         The builder should write up a sales agreement. Make sure you have a lawyer review the contract before you sign. From here on, you will be working in close contact with your builder, or builder's representative, to see your home purchase brought to a satisfactory conclusion.

·         You need to finalize arrangements with your lender, if the contract is conditional upon financing.

·         As construction progresses, your builder will call you in to choose finishings such as cupboards, floor coverings and tiles (referred to as "colour selections").

·         Your builder may ask you to make final decisions on placement of electrical, telephone and cable outlets.

·         The builder may make arrangements for you to visit your home in progress (for safety and insurance reasons you cannot drop by the construction site unexpectedly).

·         Just before your home is completed, you will be asked to join the builder on a walk-through of the home to verify that the work has been done according to plan. You will be asked to sign a certificate of completion, noting any last-minute touch-ups or details yet to be done. This triggers the warranty coverage on your home. Outstanding work will be done before you move in, or soon after.

·         The builder will provide you with the manufacturers' warranties on components and products used in your home.

·         On closing day, title to the home is transferred to you from the builder, the outstanding payment balance is transferred from your financial institution to the builder, and you get the keys to your new home. This is done through lawyers who register everything with the appropriate authorities.

·         Before the end of your first year in the house, the builder will touch up any small imperfections that may have emerged due to the house settling and materials drying out (completely normal in any new home).

·         BUT you don't have to wait if you have questions, concerns or problems. Professional builders provide effective after-sales service—part of their commitment to customer satisfaction.

 

 

http://www.chba.ca/buying/steps-owning-new/buying-process.aspx

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Choosing a builder is one of the most important decisions that are made during the building process. We looked around at a few builders and we chose Westridge Homes just after the first meeting. Westridge Homes staff members are professional knowledgeable, honest and friendly.

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