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Single
Family Home
Home Buying Process
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| |
| Next
Step |
Facts |
$$ |
Notes |
| 1.
Lot Selection/Reservation |
Complete
A Reservation Form |
$3,000 |
Good
for 21 days- fully refundable |
| 2.
Select Home Plan Design |
Review
Plan Choices w/ Sales Rep. |
|
Varies-depending
on neighborhood |
| 3.
Pricing Proposal |
We'll
prepare a detailed price proposal |
|
|
| 4.
Mortgage Pre-Qualification |
Our
mortgage person will contact you. |
|
Can
all be done on the phone |
| 5.
Existing Home Preparation |
Our
Resale Agent will do a market analysis |
|
|
| 6.
Building Contract |
We'll
give you a copy to review beforehand |
Varies |
We
prefer a simple, short contract |
| 7.
Home Owners Book |
We'll
orient you to the rest of the process |
|
General
Specs, Style Selections |
| 8.
Final Review Meeting |
Meet
at our office or the model |
Varies |
|
| 9.
Home Construction |
Watch
your home be built & finished |
|
|
| 10.
MOVE IN! |
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Single
Family Home
1. Lot/Land
Meeting |
| |
| Logistics |
Purpose
of Meeting |
Homework
For Next Meeting |
| Location(s): |
- Identify
your homesite choice
- Answer
questions about homesite
- Discuss
any specific issues about site
- Walk
site with representative if desired
- Reserve
homesite. $3,000.00 required
- Determine
project budget
|
Customer:
*Complete Mortgage Application. have mortgage company
fax or mail PRE-APPROVAL LETTER to our office.
*Seek out a COMPETATIVE MARKET ANALYSIS on your existing
home. Select a listing agent and prepare your home for
listing.
*Identify sources for upcoming required EARNEST MONEY
and later CONSTRUCTION DOWNPAYMENT.
*Think through your desired timeline for the building
process - focus on preferred move-in date.
Hanson
Builders Rep:
*Prepare scale of home on chosen site. Locate easements,
setbacks, other site specifics.
*Review production schedule, available CONSTRUCTION
START dates, and evaluate current building-cycle times.
*Review any unanswered questions with Hanson Office
Staff and return answers to you via telephone or email
correspondence.
|
Model
Home OR
Hanson Office |
| |
| Present: |
Customer(s)
AND
Sales Rep |
| |
| Time
Needed: |
| 1
hour |

Single
Family Home 2.
Home Plan Meeting |
| |
| Logistics |
Purpose
of Meeting |
Homework
For Next Meeting |
| Location(s): |
- Verify
Budget
- Hone
in on key design needs
- Evaluate
plan choices
- Select
plan from portfolio
- Discuss
any potential modifications
- Discuss
level of amenities to be included
|
Customer:
*Verify with mortgage company that all requirements
for timely approval are on schedule.
*Begin making any preparations to ready your existing
home for sale-painting, repairing, etc.
*Visit other Hanson Builders model homes as recommended
by your sales representative.
*If moving timelines forward quickly is important, come
to next meeting prepared to sign a Building Contract.
Hanson
Builders Rep:
*Have HBI Design Department prepare preliminary drawing
of plan chosen.
*Review amenities needed with HBI staff and prepare
detailed Pricing Proposal.
*Scale new home to site plat for garage orientation,
window positioning, deck & patio considerations,
etc. |
Model
Home OR
Hanson Office OR
Your Home |
| |
| Present: |
Customer(s)
AND
Sales Rep |
| |
| Time
Needed: |
| 90
minutes +/- |

Single
Family Home
3. Home
Pricing Meeting |
| |
| Logistics |
Purpose
of Meeting |
Homework
For Next Meeting |
| Location(s): |
- Present
Preliminary Plan
- Present
& explain Pricing Proposal
- Answer
questions on positioning on site
- Confirm
timelines for moving forward
- Explain
Building Contract
|
Customer:
*Read, review and understand Pricing Proposal thoroughly
& make notes in body of proposal as needed.
*Pay special attention to logistical notes on cover
page of proposal.
*Review copy of Building Contract for next meeting.
Hanson
Builders Rep:
*Verify with HBI production staff specific dates for
Final Plan Review, Construction Start, Completion Date.
*Prepare necessary documents for upcoming Contract Meeting.
*Reserve space with Drafting Dept & Production Dept
staff. Review any specific lot related issues with Builder.
|
Model
Home OR
Hanson Office OR
Your Home |
| |
| Present: |
Customer(s)
AND
Sales Rep |
| |
| Time
Needed: |
| 90
minutes +/- |

Single
Family Home
4. Contract
Meeting |
| |
| Logistics |
Purpose
of Meeting |
Homework
For Next Meeting |
| Location(s): |
- Answer
final proposal questions
- Answer
questions on Building Contract
- Explain
contingencies & removal of
- Sign
Building Contract
- Schedule
delivery of Homeowners Book
|
Customer:
*Free up some time for design studio appointments. Will
need to visit Design Studio, Appliance Supplier and
Lighting Studio.
*Schedule with your chosen real estate agent for the
on-market date for your existing home.
Hanson
Builders Rep:
*Assemble Homeowners Book. Deliver & Review with
customer.
*Final verification of production resources and timelines.
|
Model
Home OR
Hanson Office OR
Your Home |
| |
| Present: |
Customer(s)
AND
Sales Rep |
| |
| Time
Needed: |
| 45
minutes +/- |

Single
Family Home
5. Selections
Meetings |
| |
| Logistics |
Purpose
of Meetings |
Homework
For Next Meeting |
| Location(s): |
- Design
Studio - Select Colors
- Design
Studio - Flooring, Ceramic
- Appliance
Supplier - Select Appliances
- Lighting
Studio - Select Light Fixtures
|
Customer:
*Free up some time for design studio appointments. Will
need to visit Design Studio, Appliance Supplier, and
Lighting Studio.
*Schedule with your chosen real estate agent for the
on-market date for your existing home.
*Finalize all selections at each studio. Lighting &
Appliance studios will then send copies of finalized
selections to our office.
*Have Color & Style Selections Book all completed
for upcoming Final Plan Review Meeting.
Hanson
Builders Rep:
*Verify all needed items are in file-Backup Home Contingency,
Mortgage Approval, Covenants, etc.
*Be available for questions via phone or possibly a
scheduled "Preliminary Plan Review" meeting.
*Discuss survey and order if possible. |
Design
Studio
Appliance Store
Lighting Studio |
| |
| Present: |
Customer(s)
Studio Staff |
| |
| Time
Needed: |
90
minutes +/-
AT EACH MEETING |

Single
Family Home
6. Final
Plan Review |
| |
| Logistics |
Purpose
of Meeting |
Homework
For Next Meeting |
| Location: |
- Review
Selections made
- Final
style selections in office
- Review
plan-work questions
- Sign
off on all documents
- Complete
& sign CO#001 & Addendum
- Verify
start & completion dates
- Collect
Final Construction Down payment
- Remove
contingencies from Contract
- Review
and approve survey
|
Customer:
*Tie up any loose ends from last meeting.
*Move forward on marketing existing home.
*Finalize details with mortgage officer.
Hanson
Builders Rep:
*Update all documents to reflect any changes from meeting.
*Turn file over to production personnel. After they
review file, make updates, the final plan updates will
be made by drafting.
*Contact customer to notify when final plan is completed.
Deliver or mail a set to customer for final sign off.
|
| Hanson
Office |
| |
| Present: |
Customer(s)
AND
Sales Rep |
| |
| Time
Needed: |
| 120
minutes +/- |
Updated
July 5, 2006
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