Custom building
1. First meeting
After discussing your options with us as our client, we will schedule a meeting with you at a time that is convenient for you. During this meeting, we will discuss the location of the project, the initial design criteria, the budget, and any financing options that have been considered. If you are interested in a lot owned by RJ Wachsman Homes, this will also be the opportunity for you to reserve the lot for a specific period. This meeting serves as an opportunity to ensure that we have a clear understanding of your vision for the project and that all necessary details are taken into account before construction begins.
This meeting may be sufficient for you, the client, to engage with us in a Design Services Agreement (DSA), or we may need to discuss the project in additional meetings. However, before we can proceed with anything official or create any drawings, we will need to execute a DSA and collect a deposit to fund the design and planning process. These funds will be used to pay for any design or drafting services in consideration of any potential home construction. We do this because the time and expense involved with planning a home can be costly. Any remaining deposit after completing the planning process will be applied directly towards the home at closing or refunded if we do not engage together as builder and client.
2. Plan design
After we have entered into a DSA, we will begin the design process. We will conduct a site visit to evaluate the land and identify any potential obstacles or issues. We will then create drawings of the project based on input from the homeowner. Once completed, the client will review and approve the drawings. This review process may involve several iterations before final approval is given. After the base design is established, we will take measurements and determine the projected costs of the project. We may also schedule a meeting with our drafting team to discuss the project in more detail and ensure that we have a clear understanding of the homeowner's vision.
3. Plan review
Once the initial drawings are completed and the final plans are drawn up, the final cost for construction can be determined. Any remaining details that need to be included in the cost will also be discussed at this time. These details will be consolidated into a comprehensive outline of the total cost of the building, including any additional features or upgrades that were not originally included. This dollar amount and itemized list of changes will form the basis of our custom home contract.
By including all details in the initial plan, you can ensure that the final result is exactly what you envision and minimize any potential costs associated with making changes later on.
By including all details in the initial plan, you can ensure that the final result is exactly what you envision and minimize any potential costs associated with making changes later on.
4. Contract
Once the specifications and pricing are agreed upon, a legally binding contract outlining the terms of the project will be created and signed by all parties involved. This agreement will serve as a reference for all parties and will be used to ensure that the project is completed in accordance with the agreed-upon terms.
An Earnest Money deposit, which is a percentage of the final cost, will be collected at this time. This deposit shows that the buyer is committed to the project and the executed contract. Any remaining funds from DSA will be applied towards the required Earnest Money deposit. This deposit can be made in the form of a check, money order, or cash, and will be held in escrow and applied towards the final cost of the home at closing.
An Earnest Money deposit, which is a percentage of the final cost, will be collected at this time. This deposit shows that the buyer is committed to the project and the executed contract. Any remaining funds from DSA will be applied towards the required Earnest Money deposit. This deposit can be made in the form of a check, money order, or cash, and will be held in escrow and applied towards the final cost of the home at closing.
5. Final documentation
We will ensure that all necessary documents are provided to the appropriate parties. This includes building permits, plans, and other required paperwork.
We will also make sure that the homeowner's lender is connected to our office staff. This will facilitate the flow of information between the lender and our office, especially as we approach completion.
We will also make sure that the homeowner's lender is connected to our office staff. This will facilitate the flow of information between the lender and our office, especially as we approach completion.
6. Construction phase and selections
We will ensure that all necessary documents are provided to the appropriate parties. This includes building permits, plans, and other required paperwork.
We will also make sure that the homeowner's lender is connected to our office staff. This will facilitate the flow of information between the lender and our office, especially as we approach completion.
We will also make sure that the homeowner's lender is connected to our office staff. This will facilitate the flow of information between the lender and our office, especially as we approach completion.
7. Meetings
Throughout construction, we will maintain regular communication with you regarding the progress of your home. This includes discussing the finishing materials that you want to use for your home, such as flooring, paint, and fixtures. Our goal is to make sure that you are happy with the final product and that all your preferences are considered.
If you decide to go over your allowance at any time, those overages will need to be paid for at that time.
As we near the final stages of construction, we will also discuss when you can lock in your rate with the lender. This will help ensure that your financing remains secure and that your interest rate remains the same throughout the construction process.
As we near the final stages of construction, we will also discuss when you can lock in your rate with the lender. This will help ensure that your financing remains secure and that your interest rate remains the same throughout the construction process.
8. Final touches
We will ensure that all necessary documents are provided to the appropriate parties. This includes building permits, plans, and other required paperwork.
We will also make sure that the homeowner's lender is connected to our office staff. This will facilitate the flow of information between the lender and our office, especially as we approach completion.
We will also make sure that the homeowner's lender is connected to our office staff. This will facilitate the flow of information between the lender and our office, especially as we approach completion.
9. Closing & going home
Upon completion of the closing process, the funds for the purchase of your new home will be transferred to us at the title office. The home will then be officially yours and we will hand over the keys to your new property! To ensure a smooth transition, we recommend having all necessary utilities, such as electricity and water, set up in your name prior to moving in. Our team will contact you with information on how to transfer these services.
10. After the fact
For 45 years, we have been a trusted and reliable presence in the industry, and we have no plans to go anywhere in the near future. Our customers know that they can count on us to provide ongoing support and assistance, answering questions and providing service as needed. When you choose to work with us, you can rest assured that you have a dedicated warranty team standing behind your home, ready to help in case of any issues.
We take the safety of our residents very seriously, and are always ready to respond in case of an emergency. In the event of a serious incident such as uncontrolled water flow, fire, gas leaks, smoke, or electrical issues, please call 911 immediately and then contact us for further assistance. Our team is well-equipped to handle any issues related to the systems in your home.
In addition to our focus on safety, we are also committed to maintaining the cosmetic condition of your home. If you notice any issues that need attention during your first year of warranty, you can contact our offices via email to submit a cosmetic warranty request. Our team will schedule a visit to address the problem, and your records will be kept on file for future reference. Whether you reach out to us by phone or email, we will be there to help.
We take the safety of our residents very seriously, and are always ready to respond in case of an emergency. In the event of a serious incident such as uncontrolled water flow, fire, gas leaks, smoke, or electrical issues, please call 911 immediately and then contact us for further assistance. Our team is well-equipped to handle any issues related to the systems in your home.
In addition to our focus on safety, we are also committed to maintaining the cosmetic condition of your home. If you notice any issues that need attention during your first year of warranty, you can contact our offices via email to submit a cosmetic warranty request. Our team will schedule a visit to address the problem, and your records will be kept on file for future reference. Whether you reach out to us by phone or email, we will be there to help.