12 Questions To Ask When Hiring A Custom Home Builder

Myrtle Beach custom home builderWhen interviewing potential custom home builders, there are twelve questions you need to ask. The answers they provide will help you determine their communication style, their eagerness to be involved in the process, and their understanding of your project.

Questions You Have To Ask

  1. Can you work with my designer during the designing phase to make sure that we are building a home that meets the set budget?
  2. What methods and strategies do you plan to use to know the actual cost of the custom home?
  3. How do you want to be compensated for the services you render during the preconstruction phase?
  4. Is the quality and style of the house we want to have within your comfort zone?
  5. Who will manage the construction of the house and how frequently will the custom home building be supervised directly?
  6. Can I meet the project superintendent or the project manager who will sit on top of the project daily?
  7. How do you plan to address any concerns or inquiries during the construction process?
  8. How competent are the subcontractors who will be working on my custom home building project?
  9. In case there are alterations or adjustments on the design or any unexpected circumstances that will lead to additional cost, what methods will you use to inform the designer or the owner?
  10. How long do you need to complete this project?
  11. How will you be paid for your work?
  12. How will you service the warranty once the construction of my custom home is complete?
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Why Custom Homes Are More Affordable Than Non-Custom

custom home builderThere are many misconceptions when it comes to the cost of custom homes. Many people believe that having one built will cost them a fortune. The truth is, constructing your dream custom home does not need to be a budget killer.

There are three kinds of home builders. The quality of work, prices, and customizability depend on these three groups. You need to know the differences in home builders and you will understand why custom homes do not necessarily mean they cost more.

National Production Builders

There are several different national production builders. If there is one thing that you need to know about this type of builder is that they are not in the home business. They are actually operating in the land business. They purchase land from farmers and other low cost opportunities and once they made the purchase, they will proceed to developing the land. They depend on the economies of scale to significantly reduce the cost per lot. Basically, they adhere to a very similar blueprint for each home (in terms of labor and materials) so the whole operation can be performed as cheaply and efficiently as possible. The houses are built in bulk and they prefer residential locations that are attractive to home buyers.

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The Essentials Of Home Construction Loans

Myrtle Beach custom homeHaving your dream home built is an exciting experience but your enthusiasm can be tempered easily with the unfamiliarity and intricacy of mortgage loans for a new home construction. Understand the fundamentals of home construction loans and be prepared when the time comes that you have to decide if you want to build your custom home.

2 Types Of Home Construction Loans

Home construction loans are available in two types:

Construction-To-Permanent – You borrow cash to cover the construction costs. Once you move in, the lender will change the loan balance into a permanent mortgage, making it two loans in one.

Stand-Alone-Construction – the first loan you will get is going to be for the construction costs. Once you move in, you will obtain a mortgage to pay for your construction debt. Unlike the first type, this is two different loans.

Construction-To-Permanent Loans

You will have lesser fees to pay because you just have a single closing with a construction-to-permanent loan. In the construction period, you will only focus on the outstanding balance. The interest rate is changing during the construction phase, which means it could move up or down based on the prime rate. In case the Federal Reserve decreases or increases short term interest rates while your house is being constructed, you can expect your interest rate to change.

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The Pros and Cons of Buying A Spec Home

spec homeWhile several people prefer buying a house that someone else has lived in, there are others who do not favor the idea and would like to buy something new. There are several advantages to purchasing a newly built home after all. It needs to be efficient, in good condition, clean, although this does not always happen. Whenever we talk about new build homes, you have two options. The first one is the custom home that has been specifically designed for you, with all the details you want. The second option is referred to as the spec home, which has advantages and disadvantages.

What is a spec home?

Knowing what a Myrtle Beach spec home is important. It comes by different names depending on where you are located. Sometimes it is called a move in ready home, featured home, immediate delivery home, and inventory home. A spec home is a house that was designed and constructed by a builder without any buyer in mind. The builder took the chance that he will manage to sell the house once it is near completion or it is completed. It would seem that the builder is taking a chance here, hoping that a homebuyer will pick the house he has built. Therefore, the architecture is going to be based on a standard plan, perhaps using a design that is well known in the neighborhood that he is building it in. Generally, the fittings will be referred to as contractor or builder grade, although some builders can offer to have them upgraded for an extra price.

Advantages Of Buying A Spec Home

There are three primary advantages to buying a spec home – you can move in right away, the house is completely new, and you can see what you are purchasing.

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How To Prepare For Your Model Home Visit

model homes Myrtle BeachSo, you have finally decided to purchase a new house and you are thinking that it is the right time to book a model home visit. Although it might seem as simple as getting into the car and driving straight to your closest new home community, it is an essential aspect of the process that needs a lot of consideration. Before you take that drive to the model homes Myrtle Beach, here are four tips to help you better prepare for your visit.

Begin With A Checklist Of The Things You Want In Your New Home

In case you still don’t have any idea what you want, you will most likely have to visit dozens of model homes first before you could find the best one that really speaks to you. To make things easier, it is highly recommended that you create a checklist for yourself first.

List down important things like the kind of location or commute you are looking for. Do you have a preferred school district? Are there certain community amenities that could make or break the deal for you? Do you have any desired architectural style? Which options or upgrades do you classify as wants or must-haves?

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Press Release: Myrtle Beach Custom Home Builder Upgrades Website

Dawol Homes takes a new level of service to its clients with a completely redesigned website. The Myrtle Beach home builder has created a new website that showcases both their custom built homes and model homes. The company is proud to introduce the new site as a turning point in their goal to provide superior service to their customers. The website features complete and attractive information about home design including floor plans and design ideas. Dawol Home welcomes everyone to visit the website. Clients and new home buyers are sure to love it.

Since 1996, custom home builder Dawol Homes of Myrtle Beach has offered exceptional service to its clients.  The company has proven to be an outstanding home builder due to its excellent customer service. Every client has the satisfaction they need when they hire Dawol Homes. People trust the company due to its dedication and commitment to customer satisfaction. The company aims to give each client the home of their dreams.

Their Mission Statement is to obtain 100% Customer Satisfaction.  Dawol accomplishes this by being Professional in every aspect with Unquestionable Integrity. Create a stimulating environment for Team Players, with rewards for Innovation & Job Ownership and Setting the Standards for Others to Follow.

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