This week, we are excited to feature a guest blog from builder Jeremy Huntoon, the owner of Hi Point Construction. Jeremy has been a builder for 19 years, and worked for one of the largest national builders in the U.S. for 14 of those years. He has experienced all aspects of the building industry, and through the large volume of homes that were built and closed each year with the national builder, he was able to learn more about the industry than most will even come close to in a lifetime. Jeremy has consulted with several of our clients, and is someone we refer regularly…
BUILDING YOUR DREAM
So you have finally decide to build the custom home you have always wanted. You have prepared Pinterest collages and ideas for years and know exactly what you want. So what is the next step? How do you take all of those ideas for your home and make it a reality.
Step one is figuring out what your budget is for land and your new home. You will need to get pre-approved with a financial institution to help direct you to look for realistic plans and property. The first big decision is figuring out where you want to live and what type of land you hope to own. This can be a very difficult decision to make especially when you are trying to build your “forever” or “dream” home. If you haven’t spoken with a builder yet it would be a good idea to start that process now as well. I would highly recommend that you have your builder walk your future property with you to review house locations and ideas that you have. I personally have saved clients from purchasing land that required thousands of extra cost that they were over looking.
Once you have settled on property then you will need to figure out the final design for your custom home. The property you purchase might affect the final design depending on required set backs or topography of the land. Again your builder will be able to help pull all of this together for you with an architect. I will typically handle all of this for my clients and help them with all of these decisions from the land purchase to the final custom home design.
The final step to getting your dream to become a reality is to submit all of your final plans and the contract to your financial institution, to start the final review process for the construction loan. Once you have the location and the plan figured out, then the fun can begin. Building your dream doesn’t need to be overwhelming at all – that is when the fun is just beginning.
The entire process from property purchase and plan design to being able to submit permits, will typically take about 3 months. Start planning ahead, so you are ready for when you would like to start building. Once construction starts the building process will typically take about 6 months from start to finish. This time frame will vary depending on the builder, house design, and property. Here at Hi Point Construction we can help you with everything from start to finish. Making your dreams a reality is what we LOVE to do everyday. Please feel free to contact us if you have any questions or need any guidance with how to pursue building your next custom home.
- Jeremy Huntoon
Lou Bitove & Jeff Bortnick, owners of The New Home Experts®, have more than 30 years combined experience in real estate, much of that with builders like Pulte & Toll Brothers. They also provide market research for area builders, developers and national firms. If you’re considering a new home, remember: the builders rep represents the builder, not you. Work with the only local agents in Metro Detroit to specialize in new homes, and save money in the process – ask us how!