How to Compare Bids on a Custom Home Chapel Hill NC

Use the following tips to help you compare bids for a custom home.

Local Companies

Equity Mortgage Inc
(919) 403-1616
3711 University Dr
Durham, NC
Academy Mortgage Corp
(919) 402-1036
3622 Lyckan Pkwy
Durham, NC
Mortgage Choice Inc
(919) 990-8585
4705 University Dr
Durham, NC
Pinpoint Mortgage Partners
(919) 401-4702
1515 W Nc Highway 54
Durham, NC
CTX Mortgage
(919) 572-9492
3201 Yorktown Ave
Durham, NC
First Mortgage Source
(919) 401-9474
5302 Nc Highway 55
Durham, NC
Northstar Mortgage Corp
(919) 806-4606
2530 Meridian Pkwy
Durham, NC
Horizon Mortgage and Finance L
(919) 313-7380
200 Meredith Dr
Durham, NC
Newport Shores Mortgage
(919) 313-2551
1000 Park Forty Plz
Durham, NC
Oaktree Mortgage Group
(919) 572-9511
1910 Sedwick Rd
Durham, NC

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If building a custom home, you most likely will have a few builders bid on constructing your custom home.  Use the following tips to help you through this process.

 

  • Work with an architect on the custom house plans to show potential builders.

 

  • Have detailed plans to show the potential custom home builders that include floor plans as well as specifications for finishing the house and fixtures.

 

  • Consider only general contractors or construction managers who have a portfolio to show you their work.

 

  • Check several references of previously built custom homes.

 

  • Actually walk through homes that the contractor has already built.

 

  • Find out the contractor’s skill level of managing all of the different work crews, subcontractors, etc. involved with building a custom home.

 

  • Spend time interviewing the general contractors with specific questions that you have prepared.

 

  • Have the general contractors submit bids to you in writing that are firm proposals.

 

  • Do not necessarily choose the cheapest bid.  Weigh all of the factors – references, previous work, bid, etc. 

 

In the end, go with whoever you think that you can work with the best.  However, do not ignore feedback from the references.  They are people who have already used the general contractor and know first-hand what the experience of building a custom home with that person is like.  These references are perhaps your biggest asset for choosing the best builder for your custom home.

 

Published on February 15, 2007

Read full article at realestate.com

Featured Local Company

Equity Mortgage Inc

(919) 403-1616
3711 University Dr
Durham, NC

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