Wednesday, August 12, 2015

How Quickly Can My Builder Construct My New, Custom Home?

www.regalclassichomes.com

How Quickly Can My Builder Construct My New, Custom Home?

This is certainly a legitimate question to ask any Builder but the answer isn’t always easy to determine. If you ask this question before you hire a Builder you may hear anything from 6 months-2 years. Why is there such a variation in the timeframe? The complete scope of work has not been determined and a number of  issues have yet to be resolved. Below are a few examples:

1. The various municipal permits have not been obtained. Many times, these permits are completely out of the Builder control. It’s better to ask, how long will it take to build my home from the time the building permit is issue or the Notice of Commencement is obtained? In the past, I’ve walked into the Orange County offices in Orlando and walked out with a building permit in hand, on the same day. Other times, it’s taken months depending upon Zoning approvals and how busy the Building Department is.
2. Have you made all your selections? The Builder has many issues to juggle when building a home from material and labor availability to stop work orders from the County because a neighbor called complained about something. The very best thing you can do as the homeowner to speed the delivery of your home is to make all the various selections prior to the commencement of construction. As soon as you sign a contract with your Builder contact his Interior Designer and start making your selections. All of them, from ceramic tile, cabinets and tops to appliances. As soon as your selections are completed the Builder can place the orders,  lock in prices and delivery dates. A Builder never knows when a product availability issue will pop up. The sooner he knows about one the better prepared he will be to adjust.
3. Change orders will throw any Builders carefully planned schedule into complete turmoil. Imagine, the Builder has the next two weeks tightly scheduled and you tell him you've changed your mind regarding those upgraded windows and the lead time for delivery is 4 weeks. The entire building process on your home just came to a screeching halt and the Builders cash flow projection just flew out the window as the bank draws will now be delayed.
Besides, the trades have all pulled off the job and are now working for another Builder across town. Your Builder has no idea when he can get them back working on your home. Just the rumor of a change order on your job can encourage the workman to pull off and work somewhere else. After all, they need to feed their family's and know they won't be getting paid until their work is complete and who knows when that's going to be now that things are changing.


As you can see there a many variables that go into determining when your new home will be completed. Many are beyond the control of your Builder. So when you ask, when can I move into my new home and the Builder appears circumspect it’s because he doesn’t really know because, he is dealing with many issues that are beyond his control.

He also understands time is money, you are paying for the interest on the construction loan, have a home to sell and set up the movers. It’s important that you have a firm move in date so you can schedule too.

Before you sign a contract the Builder will often provide an optimistic timeframe because he knows he is competing against other companies and wants the deal. Additionally, many things will happen that are due to the homeowners actions or inactions.

It’s best to hire a Builder that provides a weekly status report that tells you a projected delivery date, what activities were completed, what will be completed next week and what homeowner decisions are holding up the construction process.

At Regal Classic Homes, before we commence construction we can project what quarter your home will be completed. In that quarter we can project the month of delivery and in that month, what week. One week away we will commit to the actual day of completion. In addition we provide weekly statues reports.

If you and your Builder work together as a team that’s the best thing you can do to make sure your home is completed a quickly as possible.

Have an awesome day!

Mike



www.regalclassichomes.com

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