Building a House: Contract and Selections

My husband and I are going to be building a house and its super scary to say (type) that! I mentioned it before, but I thought I’d share a little more about the process.

We signed a contract back in June.  Once we make all of our final selections, they will draw up an amendment to the contract and we’ll get it ratified.  Then they can start ordering material! Eek!

Once we went through a lot of decision making regarding the house (do we want to build? is the timing right? Is it a smart investment?), we then took a leap of faith and decided to say we were interested and convinced the builder to take a reservation for us for a lot in a future phase of building.

Then they opened up the phase way before we were ready.  We didn’t want to start the process until Fall 2016.  We thought we were going to lose our lot unless we went to contract in 10 days.

Then they allowed us to write a contract on the house, but with a closing date whenever we wanted…which in our case was June 2017.  We couldn’t believe that they were going to allow that.  We wrote the contract in the busiest possible week of work, but it was nice to get it done. What the contract allowed us to do was lock in base pricing for the house and put in a good faith estimate of the extra add-on options that we’d have to get as close to a final price as possible.

We’ve spend the past few weeks going through all the options….tile, cabinets, lights, etc, and picking out all of the specifics.  We are almost at a point where we are going to finalize our choices and ratify the contract.  I had NO idea the amount of things we had to decide about the house! I knew we’d chose flooring and cabinets and lighting, but didn’t know the depth of the decisions.

Things I had no idea we had to decide:

  • What color grout we want (there’s more than white?)
  • What side we want our garage to go on
  • What color brick for the skirting of the foundation
  • Where we want our electrical outlets
  • Do we want nickel or bronze hinges on our doors
  • What color we want our countertop in the laundry room

So many details! Its a bit overwhelming!

They will start building in December and we plan to close in June 2017.  We are super excited and know that time will probably fly by, but right now it feels like FOREVER.

Much more to come!


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