Lot Search Process
IT ALL BEGINS WITH THE LAND — Location, Location, Location… this is the most critical and basic decisions in the building process. Either (i) you currently own a lot, (ii) you are considering one or our homesites, or (iii) we are going to assist in the search utilizing our resources. In the latter 2 instances, we’ll go through an process to identify your goals. We have a form on our site that does a good job in getting that process started. Here are the steps…
IDENTIFY THE IDEAL HOMESITE AND YOUR GOALS
This is accomplished by filling out our form and a follow up within 24 hours by a Mueller team member to get a handle on the search criteria.
BUDGET
The targeted lot price is driven by the total package price, finances, targeted payment, house design and specifications, etc. We go through an informal process and explain the construction/permanent financing options available. We can take it a step further by putting you in touch with one of our lenders to do a formal qualification, run numbers, and provide an estimate of closing cost and payment.
COMMENCE THE SEARCH
We collaborate with you and make available our tool for search. This includes a special internet search tool that allows you to identify your criteria and search parameters. You are then provided a list of properties that meet that criteria and automatic email updates daily (if desired) to change to the inventory on a real time basic. We also examine the options for our other sources of land.
ZERO IN ON THE HOME SITE
Once we have identified the ideal site, the work begins. All lots require a vetting to determine hidden additional costs to be a true buildable site. These costs include potential extraordinary costs due to the physical characteristics of the lot, access to utilities, water/sewer or well/septic, gas and electric, governmental impositions for special facility fees, etc. Identification of these considerations right up front is critical, and we flush them out immediately as a part of our service.
NEGOTIATE, CONTRACT, & ACQUIRE
Our team will assist in providing market data and analysis that assist in determining a fair market price. We then assist in preparing the contract agreement, working through the negotiation process through to ratification and beyond.