DO YOU NEED TO HIRE A BUILDER BEFORE PURCHASING A LOT?

Do you need to hire a builder before purchasing a lot? Or, do you need to purchase the lot first? This is a common question when it comes to people who are looking to build their custom dream homes.

While there’s no set-in-stone answer when it comes to which of these options you should consider, there are however differences that you should consider before making your final decision.

The main reason that someone might purchase the land before hiring a builder, is that they find their dream spot but maybe aren’t ready to begin building at that moment.

If you’re commuting to work or just out for a Sunday drive, and you see that a lot that you don’t want to lose out on, you can purchase it and when the time comes hire a builder to go over the property with you and come up with the best ideas that you can.

The builder will walk the property with you, and make recommendations that incorporate the different elements of your dream property.

The main benefit of hiring a builder beforehand is that they have extensive knowledge on property value, and other insights that could make or break your purchase. Oftentimes they can let you know if you’re overpaying for the lot, or if there are undisclosed issues that could prevent you from purchasing.

A builder can go over cost-effective options that fit your budget. Whereas if you purchase the land before hiring a builder, there may be work that needs to be done on the land before you can even begin building your lot.

They can also take a lot of the guesswork out of purchasing a property. They can sit down and discuss land options that fit your budget so that you don’t go way over on the spending. You’ll feel more confident about your purchase after you go over every angle that needs to be

discussed.

You just need to think about the pros and cons before you make any decisions. Purchasing a lot is a big decision and you want to make sure that you’ve factored everything in before you do it.

You don’t want to get in over your head with undisclosed fees and issues that you knew nothing about. Just make sure that you do your research or get the help of a professional to do it for you so that you know exactly what it is that you’re buying.