Faq

Question

What are the steps involved when building a home?

Answer

When building a home you will need to request information from your lending institution.
Plan your budget. Knowing the estimated cost will help you in planning and keeping within your budget.
Acquire Land. (Property or Lease land)
Prepare architectural drawings of the house and submit them for approval by DOW
Get an appraisal report.
Choose a contractor and get a quote for building.
Apply for a mortgage at your bank or financial institution.
Fill out the necessary insurance forms, and get them approved.
Loan signing at the financial institution
Apply for a Water and Electricity meter
Sign the deed at the Notary office
Have a confirmed date to start construction of the home.
Check with your lending institution on the first payment terms.

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