Are you looking for your dream home?
When it comes to building a new home and choosing a home builder, the National Association of Home Builders recommends you do your homework for a more successful experience. Shop for value and quality, they advise. To view their full article, visit their website.
Here is a checklist for choosing your builder:
- Contact your local home builders association for the names of member builders. For the Louisville area you visit the Home Builders Association of Louisville website. For other cities, check the NAHB website. Family members, friends and coworkers could have recommendations too.
- A reputable builder should have a permanent business location and a good reputation with local banks and suppliers.
- How long has the builder been in the building business? It takes approximately 3 to 5 years to establish a financially sound business. Make sure they will be around once your home is completed to honor any warranties.
- Research the company’s ratings and check with your local Better Business Bureau to see if any complaints have been filed.
- The builder should have sufficient workers’ compensation and general liability insurance. Otherwise, you could be liable for any construction-related accidents on your property.
- Request references from the builder. Beware of builders who will not provide references. Contact the references and ask if they would hire the builder again.
- Visit the builder’s current construction sites – completed and in progress – to check for quality of workmanship and materials.
- Can you easily communicate with the builder? You will be in close contact with them throughout the construction process and as you live in your new home.
- You should have a complete and clearly written contract to benefit both of you. Be sure to get and review a copy of the home warranty and homeowner manual.
- Less expensive does not necessarily mean better! Be skeptical of unusually low bids.