Step 1 - Lot Deposit
A fully-refundable $1,000.00 deposit will hold the site of your choice for up to 10 days while we are working together with design and pricing.
Step 2 - Contract
Once design & pricing changes have been agreed, the formal purchase documents will be drawn up. At the time of contract signing, a total of 10% of the purchase price of your home is required as earnest money.
Step 3 - Financing
Once the contract is finalized, you may work with the lender of your choice to secure financing for your new home. At McCarthy Builders, Inc., we carry the costs of construction so all you need to do is apply for a conventional mortgage that is paid at closing! (View more information on Financing.)
Step 4 - Blueprints
While you are obtaining your financing commitment, we will be preparing your blueprints reflecting those design modifications that are noted in your contract.
Step 5 - Selections
Prior to the start of construction, you will need to make your decisions regarding colors, cabinetry, lighting, carpeting, tile, etc. You will be contacted by our customer service and selections rep to schedule your appointment.
Step 6 - Permit
Once financing has been secured and blueprints approved, we can submit to the appropriate building department for a permit to start building your home.
Step 7 - Construction Process
Construction will begin after the blueprints have been finalized, the color selections made, the financing secured and the building permit has been issued. The actual construction time will be approximately 160 days from the date of excavation. We know you will have questions during the construction process and will do all we can to answer them in a timely fashion.
Step 8 - Final Inspection
Upon completion of your home, you will make a final inspection of the property with a McCarthy Builders, Inc. representative. Any items in need of adjustment will be noted at this time.
Step 9 - Closing
Congratulations! Upon closing at the local office of First American Title, you will become the proud owner of a fine home built by McCarthy Builders, Inc.