The Homebuilding Partnership


The homebuilding partnership

The key to building success starts with understanding your builder’s process from start to finish.

The beauty of the Lowcountry will entice you to slow down, enjoy the scenery, and quite possibly make one of the biggest investments of your life – a new home. As prospective buyers flocked to coastal South Carolina, 2020 presented a new challenge with home inventory at its lowest in years. While frustrating for immediate relocations, this setback transformed into new opportunities for local builders to build custom homes for clients on their choice property. A new experience for most homebuyers, building a home can be a daunting task. Understanding your builder’s process from start to finish and aligning each of your expectations will be key to your build success.

It is important to remember that your builder is experienced in managing a home build from project inception to the certificate of occupancy. Rely on the builder, his staff, and consultants to guide you through the process. Understanding the overall time frame to build is important but coordinating key dates with your schedule will ensure that the build experiences as few delays as possible. Most local builds will be separated into three phases – design, pre-construction, and construction. As the homeowner, you will have certain responsibilities to fulfill in each of these stages.




The pre-construction phase includes the home’s permitting, lot preparations, and in most communities an Architectural Review Board. While the home builder will take the lead on most of these tasks, the homeowner will have two main responsibilities. The first is to finalize and secure any financing for the build such as closing on a construction loan or the mobilization of cash to an escrow account – or both. Expect to work with your builder, bank, and an attorney to prepare these funds. The second homeowner task is to be available for a pre-construction meeting. This conference is to coordinate with the builder on the home plans, selections, and any of your special needs that may or may not be on the superintendent’s paperwork. This is the most important builder meeting you will have, so be certain to have this time set aside.

 




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