FAQs About Building a New Home
Where do you start to get financing to build a new home?
Generally, buyers will need a construction loan for a new build. This is a specialized loan that’s specifically for a new property. There are many types of lenders that offer construction loans, but typically, you’ll need to secure a licensed builder before the funds are released.
How long does it take to build a new home?
The average new build takes about 7 to 8 months, from start to finish. However, there are many factors that can affect the timeline during the building process. Custom homes are going to take longer, typically ranging from 10 to 18 months. Factors such as permit delays, supply chain issues, and even weather can lead to a longer timeline.
Do I need a realtor for new construction?
Hiring a realtor for your new build can significantly simplify the process, especially if the realtor has knowledge of new construction and working with lenders, architects, and builders. Since most of the time, the builder pays the commission, you get the support you need without having to worry about an additional investment.
How does Cincy Home Builders Direct help during the building process?
Unlike the builder’s sales agent, the real estate team at Cincy Home Builders Direct supports you, the buyer, during the building process. Whether you need help finding a vendor, making design decisions, or selling your existing home, we offer you assistance from start to finish, never leaving you alone with any phase of the building process.
What should I look for in a builder for new construction?
There are many factors to consider when choosing a builder for your new home, including the experience, reputation, and quality of work. When you work with Cincy Home Builders Direct, we have a network of vetted builders and developers, which can provide you with peace of mind when you’re looking for the right one for your new home.