Pre-Construction Phase (Phase I)
Pre-Construction Phase or start up phase is the time you will work most closely with your Sales Representative in choosing your location/lot, floor plan, options (on a Price Work-up Sheet) and any buyer allowances. This is when you will write up an Earnest Money Contract to secure your lot giving you time to work out the details. Once the price is confirmed, your Sales Representative will assist you in writing up all other pertinent Real Estate Contracts (per the Document Receipt), draw or modify house plans, plot plans, fill out your Color Selection Sheet and other required paperwork getting you ready for the 2nd phase of your construction process. Your Sales Representative will also assist you in receiving loan approval with a trained and experienced financial professionals that make financing easy.
They will assist you in
• Making sure you are qualified, instead of having unreliable commitments.
• Quick start, qualifying you the same day, which enables us to start immediately.
• Best interest rates and programs available as they have access to all loan programs available.
• Priority in all your financing needs and in making things happen when you need to and so that you can close in a timely manner.
Again, your Sales Representative (along with the builder’s staff and draftsman) will work closely with you in making the Pre-Construction Phase an easy and fun process and in getting all necessary documents ready for the Startup Packet for submittal to engineering/city and for scanning doc’s on our portal.
This Startup Packet will most likely include:
1. Signed Plan sets – Large & small sets
2. Signed Plot plans 3. Signed Color Selection Sheet … highlighted for future un-chosen colors.
4. Signed Commitment to Start w/payment of the pre-construction deposit
5. Signed Sweat Equity agreement if applicable.
6. Signed Fireplace addendum if applicable.
7. Signed Document Receipt
Once the startup packet is completed the builder’s staff will be responsible for submitting your plans to engineering, trusses, mec check, the city and scanning all necessary documents in a timely manner. When the startup packet is submitted it is at engineering/MEC-check/gas lines/truss engineering/etc. for about 1 to 3 weeks and then at the city for about 2 to 6 weeks depending on the city. So this submittal startup (city) process takes 4 to 8 weeks minimum – or longer. However, during this time the buyers must choose and finalize all colors and choices on their Color Selection Sheet- so it (color Selections) should be turned in before the plans get out of the city. (For how best to choose your colors, Blog – Choosing Colors). As well during this time the staff will scan your House Plans, Plot Plan, Color Selection Sheet, Fireplace Addendum, Work Equity Addendum, photos, etc and build your Critical Path on line so everything is ready .
When your building permit is issued you are ready to start the 2nd phase of your Construction Process – the building part – and that’s where the fun and excitement starts. Should you see any problems; please call your sales representative immediately. Again, whenever you have any questions (or concerns) about any of the 3 phases of your home construction contact first your Sales Representative, then any of the Builder’s Office Staff, or your Superintendents . We are all committed in assisting and helping your building experience to be an enjoyable one.
-Buy Build Fix Real Estate
( Insight provided by James Patterson)