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      REAL ESTATE ASSESSMENTS
When you finally make the decision to build a home, you want to be sure that you choose the right builder. Here are a few critical questions you should ask:

Basic Questions



  • How long have you been in business?
  • Could you provide a copy of your contractor's license and insurance coverage (liability, errors and omissions)?
  • Can I see several of the homes you are working on?
  • Can I have a copy of your contract? What level of warranty is offered - can I get a copy of it?
  • How will the construction be supervised? Is the supervisor the builder, a foreman, or a site supervisor?
  • How much are your change orders going to cost?
  • Who are your subcontractors? Material suppliers? Can I have a list of their phone numbers and addresses?
  • Could you provide me with a reference of buyers with comparable homes?

For Semi-Custom or Custom Builders



  • How many "pre-sold" Spec houses have you done?
  • Have you or any other partner in your company built under any other name?
  • How many projects do you currently have going?
  • Can you provide me with a bank reference? A business reference? Personal credit report? Financial statements?