Read the builder contract carefully
Builder agreements can allocate deposits, delays, changes and cancellation rights differently from resale contracts. Obtain appropriate legal and real-estate advice before relying on assumptions about refunds or completion dates.
Update the loan as the home changes
Options, lot premiums, incentives and design selections can change price and cash needs. Notify Joseph when the contract amount or credits change.
Plan for an uncertain completion date
Construction can be affected by permits, materials, labor, inspections and weather. Rate-lock strategy, document expiration and lease timing should allow reasonable flexibility.
Frequently asked questions
Should I use the builder’s preferred lender?
Compare complete written scenarios, incentives, costs and service. An incentive can be valuable, but evaluate the entire transaction.
Can an appraisal be completed before the home is finished?
An appraisal may be based on plans and specifications, with completion evidence or a final inspection required later.
Claims in this guide were checked against the linked primary sources. Program guidelines can change; personal eligibility requires a complete application and review.