Mistakes that Home Builders Wish Their Clients Would Avoid
Congratulations! You are finally ready to build the custom home of your dreams. You have met with a number of home builders and have finally chosen the one that is right for you. To help the process go as smoothly as possible, there are a number of pitfalls that you would do well to avoid.
Here are a list of some of the top mistakes to avoid when working with home builders:
- Settling of a lot you don’t care for.
If you still have to choose your lot, you may be tempted to rush it just so you can get the construction of your home underway. But this is a mistake. Don’t just choose a lot because it’s the last one left in a certain subdivision – make sure that you can really envision yourself living there.
- Forget to prioritize.
When building a custom home, it can be easy to skimp on amenities you want because you are trying to control your budget. On the other hand, some home builders see customers go overboard with their list of amenities and break the bank.
Talk to your home builder about the amenities that are most important to you and let them help you prioritize them into a custom home that you are going to love.
- Ignore your home’s potential resale value.
One of the best things about building a custom home is that you can make it unique. But if you make it too unique, it may be difficult to find a buyer when the time comes to sell it. If you are considering an unconventional design, try to think about whether that design is something you would eventually become tired of or if it would lower the resale value.
- Asking for changes after the construction process has started.
Now you can likely get away with some cosmetic changes like paint colour or flooring, but anything more significant than that can be really frustrating for home builders. Keep in mind that if changes can be accommodated, they are likely to delay the finished project and increase the price tag.
- Making major purchases.
While it may be tempting to start buying furniture for your new home or a shiny new vehicle to park in your new driveway, it’s important to wait. Don’t make any major purchases until the final paperwork for your mortgage is signed. Otherwise, you may inadvertently wind up changing your debt to income ratio which could affect your mortgage eligibility.
Remember, home builders have a lot of experience and have seen these and other mistakes made. With good communication with them however, you will be able to avoid these kinds of pitfalls.
If you would like to talk to a home builder about your own project, we invite you to call us at 905-805-8883.