If you’re in the market for a new home, you’ll want to make sure you choose a first-rate home builder. The best builders can be hard to find, but plenty of resources can help you get started. Whether looking for recommendations from friends, a home improvement expert, or a real estate agent, you’ll find the best choices for building a home in your area.
Construction process
When building a new home, you’ll probably not be tinkering with a prebuilt model. Luckily for you, many custom builders pride themselves on delivering high-quality home construction services from start to finish. One such name is First Choice Home Builders, a family-owned and operated company with over a dozen employees and nearly 30 jobs in the past year.
Understanding that a good builder isn’t just about building the best house on the block is essential. They also strive to do their best to keep your family, staff, and pets safe and sound during construction. So whether you’re in the market for a new or existing home, you can count on First Choice Custom Builders to get the job done right. With offices in Jacksboro, TX, and Waco, TX, you can rest assured that your best interests will be in the hands of the finest in the business.
Escalation clause
A builder’s escalation clause is standard in home building contracts. It protects the builder against a sudden increase in material costs.
The cost of materials is a growing concern for home builders. This is due to inflation. Building materials can drastically rise in a short period. Inflation has affected several sectors of the U.S. economy.
Home builders are now passing this increased cost on to the buyer. As a result, they are reducing the number of new homes they sell and are extending construction delivery dates. Some builders have also been forced to adopt escalators.
If considering buying a new home, read the home building contract carefully. You should understand your rights throughout the process.
Escalation clauses can potentially make your home-buying experience more stressful and expensive. However, they can be a valuable tool for you. When you’re in a hot market, you’re probably looking to get a leg up on the competition. Using escalators correctly can help you win the bidding war.
