From Surveying and Staking your lot to selecting your Towel Bars and Paint Colors there are hundreds of items and thousands of hours that go into completing a transparent and quality new custom home estimate. Beware of General Contractors who offer you a procedure for choosing your items based on their “plan A, B or C” package for any of your selections (plumbing fixtures, lighting fixtures, floor treatments, cabinet quality….etc, sometimes called “allowances”) without showing written estimates on descriptions, manufacturers and set price from sub-contractors. The more candid your builder is, whomever you choose, will ethically provide you with a complete, detailed break-down of financing issues, materials, specifications, scheduling and a pricing spreadsheet for your new custom home. Choose the builder who hands over a book-length bid…not an outline. Also…be sure to ask, does your builder offer design and decorating services to guide you through your choices, price inflation allowances due to extended building times or cost-plus pricing? Take Note…does your prospective builder return your phone calls promptly, effectively resolve all your questions and thoroughly disclose their proposal? Rob and I want you to feel the gratification of a fully endorsed estimate and quality-built home with a respect for your budget.
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The Bidding Process, Demystified
Posted July 31, 2011 By Mary Beth in Blog, Home Bidding With | No Comments