If you’ve decided to have your own two storey home built, you need to select a building and design company in order to get the job done. However, not all builders are created equal. You can’t always know if a builder is telling the truth just from the marketing copy that shows up on its website or the answers a sales representative gives you when you speak to them. Getting to the bottom of things requires some due diligence on your part – here are five questions you need to have answered to ensure that your home will actually be built the way you want and need it to, and that you won’t run into any surprises along the way.
Is your builder properly licenced? You wouldn’t get in a car with a driver who isn’t licenced to drive, so don’t get into bed with a builder who isn’t legally permitted by the state to conduct business as a contractor.
Will the builder’s work be warrantied? It’s a requirement for contractors to have valid Homeowners Warranty Insurance cover as protection for the homeowner in the event of non-completion or defective works on the part of the builder.
Do you have assurances that the builder is reputable and qualified? Make sure you take the time to ensure that the builder’s finished work has left past clients happy with their new homes. If you can, find some of the builder’s finished work to take a look yourself.
Will your local government aid in resolving any disputes? While you don’t ever want to encounter such a problem, you can’t predict the future – you may end up needing an expert in dispute resolution. Talk to the building and construction commission in your state to ensure you won’t have to worry in such an event.
Do you have a detailed contract of sale to look over? While it’s sometimes comforting to purchase your home off-the-plan, as this gets rid of some of the negotiation process when it comes to purchasing an established home, written contracts from builders should be negotiable. Make sure you receive an initial written quote from your builder that includes price, exclusions, details of the work, and timeframes. This is often the jumping-off point for a legally binding contract, so negotiate now before you sign that second document.