|
|
The Essex Step-By-Step Approach To Building Your New Home
 Determine Where You Want To Live
Where does Essex build?
- Have our representative show you one of our Essex communities throughout Erie/Niagara County, or you may choose a lot off site.
 Determine Affordability
How much equity will you receive from your existing home?
- Market analysis of your existing home…
- List home with full service realtor
What type of mortgage program are you comfortable with?
- Meet with an approved mortgage lender for pre-qualification for your End Loan/Mortgage Approval.
 Determine Timing
When would you like to be moving into your new home?
- Building your new home requires approximately 5-6 months, depending on the floor plan, size, etc.
- Time to plan prior to construction…Construction begins upon release of all contingencies
- $1000 Deposit - Reserve your lot
 Select A Floor Plan For Your New Home
What are your needs & wants for your new home?
- Discuss floor plans with an Essex Sales Rep with regards to size, rooms, styles, etc…
- Review standard features, benefits and options with your Essex representative.
 Finalize the Details of Your
New Home
Does it meet your needs structurally and financially?
- Discuss your modifications and pricing with your Essex representative along with any drawings, special needs, etc.
- Decide on options being considered so that the agreement may be written.
*See Deposit Structure Below
 Let's Proceed…
What is the next step?
- Sign the agreement
- Release your new home to construction*
Deposit Structure
Initial Deposit
$1000.00
(100% Refundable)
- Reserves a home site for up to two (2) weeks and entitles purchaser to further pricing of their new Essex home when pre-qualified.
- Completely details New Home Agreement, along with legal description, list of benefits and existing home contingency. (If applicable)
Additional Deposit of 10% of the Purchase Price
(Applied Toward Purchase Price)
- Release of all applicable contingencies, the home is released for construction, and the production process begins.
- The purchasers will meet with the Production department for a Plan Review to finalize their new home plans, which begins the permit process.
- Selection Process begins.
|
