1. If you have not bought the lot yet, consider speaking with your preferred lender about best way to finance your project as a package, vs just buying land first
2. If this is not a city water/sewer system then check on how many bedrooms you can get the septic tank approved for, this will help you with your floor plan
3. If you do not have a survey, it is time to do it so you can look at the best placement of your home and make any needed adjustments to the floor plan you want to build
4. Get an architect to review your plans
5. Shop for a builder that can do what you want
6. If you are not working with a Realtor, have an attorney to write a new home contract for you and negotiate all the details
7. Watch your home being built and do not forget all appropriate inspections!
If you need more info, call/text me at 919-868-1040
Remax One Realty
Often you cannot buy a lot, as the builder/developer owns them and will insist on you're using them to build your home. You need to find out if these lots are available for sale separately and if they are you'll need to get a set of either recommended or approved builders or find out if you are free to choose whomever you like
You'll also want to get a copy of the developments rules and regulations, and HOA restrictions and a copy of the builders guidelines or Architectural guidelines to confirm that the house ou want built will be permitted by the development.
if you're looking to build immediately and you're free to buy a lot and choose any builder then before you buy the lot you'll want to interview your builder, get a proposal from them which you'll need for your lender and then sit down and discuss a construction loan with your lender. The purchase of the land and the construction loan that will give you the financing you'll need to build are best done at one time.
It sounds as if you're doing this all on your own and honestly I think this is a mistake. You should be working with an experienced buyer broker who has proven experience working with new construction. I've attached a link below on how to find a great buyer broker regardless of where you're working.
Feel free to check me out here on Trulia, if you're looking in either North Cary or the north Raleigh area and I can be of any assistance feel free to contact me directly, otherwise I wish you all the best and hope you enjoy the entire process.
Good for you! You've been busy doing your research and it looks like you're headed in the right direction. I agree with the other Realtors that you'll want to have one of us represent you as a buyer's agent during the process and to help zero in on a lot if you haven't already identified the one you want. Pretty much at the same time, I'd suggest talking with a construction lender to make sure you're on target with your budget. Next, a good Realtor with construction experience (important!) can suggest a few builders you may want to talk with. I'd really like to be your Realtor and hope you'll call me to help you get started.
Karen Johnson, GRI, CRS, SRES, CDPE, SFR
In either case, I agree that it's best to work with a realtor as they can make the whole process easier for you.
Skye Creech - Owner Blue Skye Realty