It is important to know your builder. Let me say it again, KNOW YOUR BUILDER. Way too often we hear about the builder who vanishes on their client. You need to do your research - look at their recent projects, review their client testimonials, and get references before hiring a builder.
You need to know what kind of contracts the builder uses. The easiest way to avoid seeing the costs of a project escalating is with a Fixed Price Contract. This is how the builder can ensure the client the price of the project, and the client will know exactly what they are getting at this price.
Here are Questions To Ask A Home Builder Before You Hire Them
#1 Customer Experience - How do they communicate with their clients?
#2 Background - What is their home building background? Do they have good reviews?
#3 Quality - Talk to the subcontractors to find out how the builder is to work with.
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