Two types of contracts are used by a home builder to price new homes. These two types are “fixed price” or “cost-plus”. You might be wondering which contract you should choose if you have never built a home before. We will show you both types of contracts so you can make an informed decision when building your next home.
Types Of Contracts Used By A Home Builder
Fixed Price Method
Fixed price home builders in Myrtle Beach will consider all costs involved in building your home. This includes overhead and profit. Then he’ll give you the final cost of the project. Your contract will reflect your final price.