Searching for the right home builder can be a daunting task because it not something you often do.
So to help you selecting and engage the right home builder, here’s a list of tips:
Ask for a quote
When building a home, price is hugely important. Make sure to ask for a detailed quotation. It will be a helpful tool when you compare builders and lets you assess what different builders include in their service.
Look for experience and credentials
Renovating a home is different from building a new house. Look for home builders who have relevant experience and credentials for your home project. Are you planning on adding a terrace to your house? A builder who builds shopping malls may not be the perfect fit. So make sure that you check their past work to look for similar experience.
Check their insurance and warranties
Does your home builder offer a structural warranty for their work and have home builder’s liability insurance? Do they also have personal builder’s injury insurance for their workers? Knowing the level of the coverage of their insurance and warranty can give you peace of mind just in case something goes wrong during the project.
Know your primary contact
The person who presented the quotation to you may not be the person who you’re going to communicate with during the project. Know who your primary contact is to ensure the success of your dream home project.
Read the contract
Find out exactly what’s included and excluded. Always make sure that you fully understand the contract to avoid unexpected mishaps.
Are you thinking of building your dream house, but don’t have any idea how to finance your dream home? A construction loan may be the perfect financial option for you. Give our lending specialists at loans.com.au a call today to help you achieve your dream home.
A construction loan is a type of home loan that's designed for people who are building their own home as opposed to buying an established one.VIEW ARTICLE
Building a home is one of the most daunting but ultimately satisfying things that a person can undertake.VIEW ARTICLE
Stages may differ from lender to lender, but these are the common stages of building a house.VIEW ARTICLE