5 Key Questions for Your New Home Builder

You’ve finally decided to build that dream house and have invited us into your living room or have visited us one of our sales centers. What is the next step?

As a 35 Year Veteran Professional Homebuilder, we are well prepared to answer any questions you might have as you make that final decision and one of the most important financial choices in your life: Who will I select to build my home?

We always encourage and welcome this dialogue, and we often find that homebuyers aren’t typically prepared for that opportunity – or in many cases – challenge. The questions asked are limited to how much does a new house cost (or cost per square foot), what are the carpet or cabinet choices, and whether we can cut a deal.

While valid questions, they only scratch the surface of what homebuyers really need to know to help ensure an enjoyable experience with our company or any professional builder.

So here are the top five questions we think prospective homebuyers should ask when they are on the cusp of building a new home with us…and why they matter:

1. Who will run the job?
 We will assign a Project Manager with at least 10 years of experience in new home construction to be your main point of contact from the pre-construction meeting, through the final walk through, and beyond. It is always important to know who that is and how to contact him or her. Your point of contact will provide you with the most accurate and up-to-date information as well as answer your questions about your new house as it goes from concept to creation. We believe this gives you the best of both worlds; a dedicated supervisor as your week-to-week “go to” person along with availability from our entire staff in support of you and your new home.

2. Will workers be there all day, every day?
 Understanding the process and how we schedule typical new home construction is critical to having a great homebuilding experience. In fact, sometimes (if not often), there are very few people on the jobsite, but that doesn’t mean things aren’t progressing. There may be an inspection scheduled or a delivery on the way that will trigger crews and subcontractors to return and continue their work…perhaps even later that day, if not the next morning. We keep a tight production schedule and our business depends on being efficient, but there are occasional lulls in the process that we’ll point out when we go over the building schedule with you. Our schedules have been tweaked over 25 years to provide the best balance of timeliness and un-compromised quality.

3. How often can I stop by the jobsite?
 Your New Home Specialist at Ainslie Group can set up a schedule for you to visit the site, meet with the Project Manager, and ask any questions about the project and its progress. Unscheduled visits can affect the schedule and pace of work…and be dangerous depending on the work going on.

4. Can you supply references?
 We are happy to provide you with a list of people who have recently purchased homes from us, (over 3,000 in the past 25 years) and we encourage you to call them and ask about their experience and level of satisfaction as you make your own purchasing decision. Any professional builder should have references at the ready, including financial partners, trade contractors, materials suppliers, and others we work with that can provide a third party perspective on our professionalism and track record of performance.

5. How do you handle changes?
 As much as we try to get all of the decisions made up front in our Design Center, the decision to make changes during construction does occur from time to time. As you make your initial selections, we create your Buyer Selection Addendum, which is in fact, a detailed list of specifications for your house necessary to produce all of the work orders and purchase orders before we break ground, but we also have change order policies and procedures in place — which we share with you up front and in the Purchase Agreement — to account for changes after building begins.

At Ainslie Group, our entire team and process is dedicated to creating an enjoyable and unforgettable experience as we create your dream home. Armed with the answers to these 5 questions, we think you’ll be more confident in your home buying decisions and more likely to be satisfied with the end result.

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Distressed Properties Don’t Compare With New Homes, Nielsen Tells Appraisers.

In an effort to improve a flawed housing appraisal system, NAHB has been reaching out to key stakeholders to find common ground on potential reforms.

As part of that effort, NAHB Chairman Bob Nielsen addressed the Appraisal Institute, the leading trade group for the appraisal industry, in August during the institute’s annual meeting in Las Vegas.

“The appraisal industry carries a heavy burden regarding the condition of the U.S. economy,” said Nielsen.

“We have learned over these last few years that the way homes are valued can have a dramatic effect on home owners’ mortgages, foreclosure rates, the health of banks and, ultimately, the condition of the U.S. financial system.”

Nielsen emphasized homebuilders’ concerns that the inappropriate use of foreclosed homes, short sales and other distressed properties as comparables in appraisals is driving down the prices of new homes.

“By definition, distressed properties are not comparable to a new home,” Nielsen said. “They are fundamentally different.”

Nielsen noted that new homes are built to current codes, are often significantly more energy-efficient and “green” than older homes and they include a range of modern amenities and design elements that buyers value and are willing to pay a premium for. They are also in excellent condition and are move-in ready.

Distressed properties, on the other hand, often have suffered significant damage from theft and vandalism. Almost always, they have deteriorated as a result of neglect and deferred maintenance.

“All distressed properties suffer from a perception that any or all of these conditions may have diminished their value,” Nielsen said. “Their value has declined as a result of that perception.”

Another problem for the residential construction industry is the way that green building features — especially energy efficiency improvements — are evaluated by appraisers, Nielsen said.

FHA provides a mechanism by which the value of energy improvements can be added to the mortgage amount.

 

But little work has been done in this area by secondary market investors or appraisal trade organizations.

“A new home may have wider studs, extra insulation, a high-end HVAC system, solar photovoltaic cells, energy-efficient appliances and other energy efficiency systems — a whole range of improvements that add to the cost of a home and provide real value to the buyer over time,” Nielsen said.

“But if the appraisal industry is not recognizing that value, then it hurts our buyers and our industry and discourages the use of ‘green’ features that benefit us all,” he said.

“As green building becomes more prevalent, there is an urgent need for the value of green building and energy efficiency to be appropriately recognized in the appraisal system,” he added.

Nielsen thanked the Appraisal Institute for its leadership in developing guidance for appraisals of homes that include energy efficiency upgrades and other green features.

 

 

 

 

 


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Exciting News

We have two new contracts. 

Neighborhood: Pitchkettle Farms

Lot Number: 96

Model #/Elev: 7180/Elev F

Buyer’s Name: Edison T. and Idrisa P. Mercer

(These buyers already own one of our Pitchkettle Farm homes (Lot # 98) and they love it so much they want us to build them another home. Congratulations John Outten for getting the sale, you did a great job.)

AND

Neighborhood: Pleasant Point

Lot Number: 41A

Model #/Elev: Custom

Buyer’s Name: Joseph John-Paul Tran

 

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Benefits of Building a Green Home

Jeff Ainslie talks to WVEC Channel 13′s Sandra Parker about smart ways to save energy and money when building a new home.
Read Article Here.

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The ODU House at Homearama 2011

Ainslie Group is excited to present at this year’s Homearama, The ODU House which pays tribute to Old Dominion University. With input from the academic and athletic departments, The ODU House includes a virtual display of the Team Tidewater Solar Decathlon House built by ODU and Hampton University students. Come visit us at Homearama – open Saturday, May 28th from Noon to 9PM. Visit homearama.tv for more info.

Homearama 2011 ODU House

 

View a sneak peek of preview photos from various Homearama 2011 homes and builders. We’ll be posting more photos of The Rockwell  - ODU House, so check back with us soon!


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