“Making Home Ownership Affordable”

One Step at a Time

 

1. Plan Selection / Purchase Agreement

First step, select a neighborhood, lot, and plan. A Classic Century Homes sales representative will assist you by preparing the purchase agreement, filling in details such as names, address, and financing, and answer your questions concerning earnest money, closing requirements, and warranties. The purchase agreement reserves your lot, plan, and price once submitted and approved by the corporate office.

 

2. Loan Application / Credit Approval

Once the purchase agreement has been signed you should immediately schedule an appointment with an approved lender to obtain  “pre-approval” or a Loan Commitment, which will be required to start construction. During the loan application you will have the opportunity for all of your questions concerning financing, closing cost estimates, and payments to be answered.

 

3. Color Selections / Options / Upgrades
Also, as soon as possible after signing the agreement to purchase, it is important to identify and make color selections, including any upgrades you may be considering.  These selections should be made no later than 5 days after signing to avoid additional costs due to construction delays and/or plan changes. Your community sales person will explain this process, requirements for upgrade deposits, and the importance of your timely choices.

 

4. Plans/ Permits / Construction Start

After you have received credit approval with the Lender and made all color selections, changes, and upgrades affecting the site plan, the builder will take the necessary steps to obtain all permits to begin construction. This process requires the participation of many individuals… lenders, surveyors, planners, and inspectors, so it may take several weeks before you notice any construction activity at the site. Once started your sales representative will keep you informed of the progress and even schedule a walk through with you at the framing stage, just prior to the home being sheet rocked.

 

5. Walk Through / Orientation

After construction is complete, and, after Classic Century Homes has performed it’s own quality assurance inspection you will be asked to attend a walk through and orientation of your home. Now is when all mechanical operations will be explained, warranties reviewed, and suggestions for  home maintenance provided. This orientation is very important and will require a minimum of 1 hour to complete. Orientations are scheduled only Monday through Friday, 8:00a.m.-4:00p.m.

 

6. Final Details / Closing

After orientation your sales representative will provide you with important closing information including directions to the Title Company, reminders about insurance, the need for a cashiers check at closing, utilities, and obtaining house keys. Closings usually occur within a few days of your walk through and orientation. Because the Title Company is always full several days in advance you should call as soon as possible after orientation to tentatively schedule your closing.
 

…Congratulations, you are a new homeowner!