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Available to Qualified

Buyers

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First Time Home Buyer MN

Nail By Nail - How To Build A New Home

We'll help you investigate and learn about a home loan:

  • The best home loan programs for new homes.
  • The lowest closing costs and lowest interest rates on new home loans.
  • The best construction loans.
  • You'll learn exactly how home loans work and how much you can afford.
  • You'll be "pre-approved" for a new home loan by the lender of your choice.

How much do I want to allocate to land and the home itself?

  • Example: If you qualify for a $375,000 home including lot, you might choose to allocate $85,000 for a lot and $290,000 to the home.
  • We will then provide you with all of the information on every lot available for $85,000 and under in the areas that you want to live.

Then, it's on to floor plans. Here's what's next:

  • We'll provide you with access to sample floor plans to stimulate your imagination.
  • We'll help you narrow down the general style and size of home to fit your budget.
  • We'll get preliminary quotes from builders to give you a general idea of the cost of the plans you like.

Securing the land: when you tell us which building site that you like, we'll:

  • Help you prepare an offer that will allow you to "tie-up" the land you want for under for as little of possible.
  • Present the offer to the owner on your behalf.
  • Negotiate in your best interests to help you get the best buy.

Fit your house to your land – we'll help you:

  • Customize the final plans of your new home to fit your land.
  • Obtain final bids from the builder.
  • Obtain final loan approval for your construction loan and permanent home loan.
  • Prepare and sign the home construction contract with your builder.

Begin Construction!!

This report courtesy of

Jerry Johnson

REMAX associates plus, inc.

651.415.3235

Jerry@JerryJohnson.com

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 651.415.3235  Jerry@JerryJohnson.com

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