Frequently asked questions
General Questions
We strive to ensure the final result matches the reference images you select, but keep in mind that variations can occur due to customization, available materials, and other factors. We work with you throughout the process to ensure the outcome meets or exceeds your expectations.
The first steps include an initial consultation to understand your needs and preferences, lot selection (if you don't already have one), financial planning (if necessary), and custom design. We will guide you through each step to ensure everything is clear and smooth.
Yes, we encourage our clients to visit the construction site at key points in the project to review progress. We will schedule guided visits to ensure your safety and the safety of the team.
Lot and Location
Not necessarily. If you already own a lot, we can begin designing and planning construction right away. If you don’t have one, we can assist you in finding the ideal lot that suits your needs and preferences. Please note that the lot's price is not included in the project budget.
We can build in various locations throughout the state of Florida, depending on local regulations and availability of lots.
Yes, the area can influence the cost due to factors such as lot price, local regulations, permit costs, and others. We will provide you with a detailed estimate based on the specific location of your project.
Financing
We offer financing options through partner lenders. Down payment and credit requirements vary depending on the type of financing and the lender, but typically a down payment of 5% is required for a construction loan where the customer purchases the land included in the construction loan amount. If the land is purchased separately from the construction loan, a minimum down payment of 35% is required, with a minimum loan amount of $100,000. If you already own the lot, you can access the loan even with a 0% down payment. A minimum credit score of 660 is typically required to qualify for this type of loans.
Financing a construction project can include costs such as interest, discount points, origination fees, private mortgage insurance (PMI), closing costs, construction insurance, interest payments during construction, and inspection fees.
During construction, if you obtain a loan, the bank will gradually disburse the funds based on the progress of the project. From the time your loan is approved until the final delivery of the property, you only pay interest on the amount you’ve used. These payments are typically monthly and based on the amount disbursed at the time. Once construction is completed and the property is delivered, the construction loan converts into a traditional mortgage (known as a "permanent loan" or "end loan"). At this point, you start making standard mortgage payments, including both principal and interest, over the agreed term, typically 20 or 30 years.
Permits, Regulations, and Timelines
Impact fees are charges that local authorities may impose to cover costs associated with the impact of new construction on public infrastructure, such as roads, utilities, and schools. These costs can vary by location and should be considered in your project budget.
The construction timeline can vary depending on the project's size and complexity, as well as weather conditions and material availability. Generally, the process can take between 6 to 12 months from the start (once permits are approved) to completion.
We handle all permitting and compliance with local regulations on your behalf. The time required to obtain the necessary permits varies depending on the location, project complexity, and the workload of government offices. Simple residential projects usually take between 2 to 4 months, while larger constructions or those with special requirements can extend to over a year. We ensure the project meets all necessary regulations before starting construction.
Customization and Changes
We offer a wide range of customization services, from choosing floor plans and materials to interior and exterior finishes. Our design team will work with you to ensure your home reflects your tastes and needs.
While it is possible to make changes during construction, it's important to note that this can affect the cost and timeline of the project. We will help you assess the implications of any requested changes.
Insurance and Warranties
If you find any issues after delivery, our team will be available to help resolve them. Our warranty covers structural defects for 10 years, and interior defects in workmanship and/or materials used for 1 year.
This insurance covers damages to the property during construction, such as fires, vandalism, theft, and certain natural disasters. However, it does not cover workplace accidents or civil liabilities, which are usually covered by other insurances. Since you are the project owner, you are also the beneficiary of the policy. As the client, you are responsible for paying the insurance quotes, and in case that a covered event occurs, the policy would cover repair or replacement costs according to the established terms.
