We understand building a new home may be a bit overwhelming, which is why we work diligently to make the experience easy and enjoyable.
Your first step will be to visit our office or a model home in one of our neighborhoods. This will give us an opportunity to learn about your housing needs, price point, etc. At the same time, this allows us to share the details of an individual community and demonstrate our homes to familiarize you with the variety of floor plans and features available.
Once you’ve decided on the community and chosen a home site, you will then establish a “wish list” – it’s kind of like going shopping.
We’ll go over the variety of standard options as well as upgrades you may want to include in the home.
This process takes you to your final price. We prefer to do this up front, so you are clear with how much your home will cost. Once pricing is complete, we will prepare your paperwork (building contract, lot purchase agreement, final pricing and specifications, and community information). Upon signing these documents, you will write two checks – one to Mayberry Homes for $5,000 and one to Bell Title for $100.
It is now time for you to visit a lender. While there are a variety of lenders in and around the area, we strongly suggest you use a Mayberry preferred lender. Over the years we have worked with several banks and mortgage companies. There are a few that are exceptional. This is why we recommend them. We understand you may have a friend of a friend who is a mortgage broker, however we have found through experience, this is never a good idea!
Once you have applied for your construction financing and have received a pre-approval, we will order your floor plans. No two homes are exactly alike, which is why we order individual plans for each homeowner. Your floor plans will take approximately one week. Upon completion we will meet and review the plans and make your selections! This is when your house starts becoming a home! You will meet in the design center and be guided through the process of colors, floor coverings, counter tops, etc. The best part of this is you have already priced these items into the home, so there are no surprises!
Once your construction loan closes – things really start hopping! Your home will be put on the schedule to start construction. You will be amazed at how quickly your home will take shape. During construction, the home will be locked so be sure to request a code to access during off hours. You are more than welcome to go into the home at any time. BE CAREFUL – it’s a construction site. Don’t hesitate to contact your construction supervisor with any questions. They will be more than happy to assist you.
Approximately 45 days prior to completion you will be contacted with a closing date. We will coordinate the closing between you and the title company. About a week prior to closing, you will have a final walk thru with the construction supervisor. This gives us the opportunity to orient you to your new home. Then comes closing day! The closing will take place at our office. You will receive your homeowner binder and most importantly your new keys!
Download PDF: New Home Construction Process