STEP 1: INITIAL CONSULTATION
Let’s have a conversation! We want to know what you imagine so that we can make it a reality. We will discuss timeframe, budget, design, land ideas, and feasibility. We guide you through projected construction costs and an overview of the process so that there are no surprises.

STEP 2: LAND ACQUISITION
Identifying the right piece of land with the features and location that you desire is the beginning of an architectural masterpiece! Topography oftentimes dictates what design elements can be implemented. If you have purchased a piece of land, this is when we go out together to evaluate it. If you still have not found your dream parcel, our expert NC real estate broker, Amy Shuford, will meet with you to search for the perfect lot or acreage, go over the contracts, and secure that purchase for you, all in collaboration with us as your builder to make sure that it is an ideal build site.

STEP 3: BUDGETING
At this time, we come up with an estimate of the build cost. We require a $10,000 deposit to begin evaluation of the building site, location of utilities, grading evaluation, and geotechnical study if needed.

STEP 4: DESIGN
You will work closely with our developer, Chris Mriscin, and our in-house architectural designer to create the aesthetic and floor plan that matches your lifestyle and creates the perfect oasis.

STEP 5: FINANCING
The most common method of construction financing is a “construction-to-permanent loan”. This is a one year loan that provides the money to build a house. During the construction period, this loan is an interest only loan. Once construction is complete, the bank allows you to modify the loan into a standard 30 year fixed mortgage. It involves one closing, thus only one set of closing costs.

For the bank to start their process, they need a signed contract, an approved budget, and an accurate set of drawings. This means we cannot get the bank fully involved until we have completed the pre-construction process and have thoroughly established the final construction value and plan. On average, banks will take four to six weeks to complete the construction loan process. Once the loan is brought to the closing table, we can move to the next step.
STEP 6: CONSTRUCTION
Once we arrive at this point, you are off to a beautiful start! We will require a deposit of 10% of the total cost of the build to this point as an earnest money deposit to be held at this time until the project is complete. You will continue to work closely with your Wanoca team to build a unique and exciting new home just for you!