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Get New Home Construction Contract
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How to fill out the New Home Construction Contract online
Filling out the New Home Construction Contract online can streamline the process of establishing a clear agreement between the buyer and seller. This guide provides step-by-step instructions to help you navigate each section of the contract with ease and confidence.
Follow the steps to complete the online contract effectively.
- Click the ‘Get Form’ button to obtain the contract. This will allow you to access the construction contract in the editor.
- Enter the agreement date at the top of the document. This is the date when the contract is being filled out.
- Fill in the names and addresses of both the Buyer and Seller/Builder. Be sure to provide complete information including street, city, county, state, and zip code.
- In the section for construction details, provide the property address where the house will be built, along with a legal description of the property as required.
- List the plans and specifications for the house. Be as detailed as possible, including materials and design plans agreed upon by both parties.
- Document the purchase price of the construction in the designated area. This should represent the total monetary value agreed upon.
- Select the method of payment by checking appropriate options for cash or financing. If financing is selected, specify the type of financing being sourced.
- Indicate the amount of earnest money deposit and identify the escrow agent who will handle this deposit.
- State the loan processing details, including the loan-to-value ratio, application period, and any necessary information for processing.
- Review the warranty provisions related to construction and note any guarantees required from the Seller/Builder.
- Finalize the contract by reviewing all sections for accuracy. Make any necessary adjustments before saving your work.
- Once all fields are completed, save the changes to your contract. You may also choose to download, print, or share the form as needed.
Start filling out your New Home Construction Contract online today!
A building contract is a formal agreement between the parties involved in a building project, such as an extension. The contract is usually arranged by an architect and offers recognised protection to the homeowner and those executing contracted services.
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