Custom Home Building: The Importance of Reviewing your Contract
When you are choosing a custom home building team, one of the most important aspects to consider is your contract. Reviewing the contract is a great way to determine exactly what you should expect throughout the process. In the end, this can help you to make better decisions that will keep your project running smoothly. Here are some things to keep in mind when it comes to your contract.
You will need to look into things like who is responsible for cleaning up and how your property will be protected during the build. Along with this, you should also review the section related to communication. Communicating regularly with your builder is important because it is something that can help keep your project moving properly. Knowing how communication is expected to flow is the best way to make sure decisions are made in a timely fashion.
Payment is also an important area you will want to take time to review. This portion of the contract should help you to understand how, when and what the payments to the building team will look like. Finally, review the reasons an extension may be added to the timeline of completion. For example, it is common for extensions to be granted due to weather or issues that are not under the control of the building team.
While you are reviewing your contract, ask questions to get clarification on certain areas. The contract is an important part of the decision-making process and you should spend your time understanding it so there aren't any surprises later down the road. To learn more about what is involved with the contract of your custom home build, be sure to contact us today.