Title
Housing Timeline

TIME SUMMARY, AFTER FINDING YOUR PERFECT LOT AND RESERVING IT:


o          2-7 days Client Construction Financing Loan Approval.
o          30 days Client contacts Builder to complete detail sheet.
o          2-4 weeks Client to meet with designer to draft plans.
o          2 weeks Client to submit blueprints & forms to Builder.
o          2 weeks Builder returns bid & plan specifications to client.
o          1-2 days Client submits blueprints & all forms to Bank.
o          30-45 days Bank processes info & prepares loan docs.
o          10-14 days Builder applies for permit.
o          4-6 months Builder constructs home.
o          MOVE IN DAY IS HERE!

 

 


 

ALL YOUR CUSTOM TOUCHES ARE POSSIBLE IN YOUR BUDGET WITH GRAFF CONSTRUCTION


  • Find a home site that you love! (If you don’t already have your own land)
  • $500 Lot Reservation - a non-binding contract.
  • Meet with a Lender that has experience in Custom Construction Financing: (approval approx 2-7 days, depending upon client participating & credit)
  • Meet with the builder within 30 days of the Reservation & start completing a features detail sheet.
  • Set up a time to meet with designer to draft plans. (If you don’t already have your own blueprints which typically takes 2-4 weeks to generate.
  • Meet with Graff to submit blueprints and detail forms. Graff will then bid out plans & specifications. (Takes approximately 2 weeks after meeting)
  • Submit blueprints, site plans, specification sheet, cost breakdown sheet and owner/builder contact to bank.

    Approximately 30-45 days after submission, the bank will:
                o      Process
                o      Order Appraisal
                o      Prepare Final Loan Documents.

  • Builder Obtains Permits. (10-14 days)
  • Builder to begin excavation and home construction. (Approximately 4-6 months, subject to weather permitting)




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