Eagle CDI, Inc. Presents It’s Buyer’s Guide
Congratulations are in order, because by researching your options at Eagle CDI’s website you will be discovering a variety of new ways to build your dream home—on time, on budget and with unsurpassed quality. Whether you’ve been dreaming about this home for decades or it’s a new found passion, this information will provide you with much of the information you need to create a palace of your own.
EMOTION & LOGIC
Purchasing a new home is an emotional decision. But because you’re likely investing your life savings in this project, it’s wise to back up that emotion with wise decisions on getting the most house for your money. The good news is that the craftsmen at Eagle CDI, Inc., longtime members of the National Association of Home Builders, have spent decades perfecting new forms of construction that can create homes far faster than in years past, using the latest tools and technology. Eagle CDI, Inc. employs a modern building system to construct our state of the art homes. This means you will save time and money when opting to have your dream home constructed by Eagle CDI, Inc.
TRUST YOUR INTUITION BUT ALSO CHECK OFFICIAL SOURCES
You will need to grapple with a number of decisions on the path to making your dream home a reality. While there are a number of different building systems to choose from, let your personal preference be your guide. It’s likely that one building system—or a combination of systems—will likely feel more like home to you. Likewise use your intuition when deciding who will complete your dream home. It helps if you like your builder. And here at Eagle CDI, Inc., we have become good friends with many of our past clients. But in deciding on a builder, also remember to check references with past customers, as well as local officials, including the Tennessee State’s Attorneys Generals office. You will discover that Eagle CDI, Inc. has a stellar reputation, as well as being licensed and bonded within the state of Tennessee.
CHOICES IN SYSTEMS
While each of these systems has its own advantages, here’s a brief look at your choices:
- Concrete: Today this material has few limitations and a plethora of benefits. These include greater comfort, safety and security; lower energy bills; and less maintenance. Systems include concrete block, aerated concrete, insulated concrete forms, precast panels and tilt-up.
- Log & Timber Frame: If you’ve ever wanted a rustic palace with fortress-like walls awash in the warmth of wood, this industry specializes in making your dreams come true. Your choices include handcrafted, milled, timber frame, and post and beam.
- Modular: While some still confuse this system with the manufactured (or mobile) home industry, since they both originate in a factory setting, today’s custom modular homes are indistinguishable from site-built homes. This is the fastest form of construction on the planet, with homes arriving on site more than 90% complete.
- Panel: With this system, the shell of the home is delivered to the job site as a series of panels, from the walls and floors to the roof. The resulting home is weather tight within a few days, saving on construction costs. Options in systems include open and closed wall panels or structural insulated panels.
- Hybrid: This can be a combination of any building system above, with conventional site building portions of your new home. This is a popular choice with many of our home buyers.
DETERMINE YOUR BUDGET
You can’t shop for a used home without knowing how much you can afford, nor can you use a building system to create a home without establishing a realistic budget. A number of national and regional lenders have adopted loan programs for those opting for a building system, including construction-to-permanent mortgages. Work with these lenders to determine a budget.
If you’re purchasing a systems-built home in a subdivision, make sure you’re comfortable with the developer, the community’s covenants and annual costs, community tax structure and surrounding development. If you’re buying land of your own to build on, take steps to ensure the land is suitable for development through soil testing and other means.
LOCAL RULES & REGULATIONS
A visit to your local building department (city or county) will provide a plethora of information on what local government officials will require so you can build on your site. Pay close attention to development fees, plan submittal requirements, inspection schedules, setbacks and wetland mitigation.
Your design decisions should begin with the size of the home and what kind of interior and exterior look you prefer. When weighing your choices, consider the cost of fabrication, the speed of on-site completion and the maintenance needed over time.
CHOOSING A PRODUCER
Once you’ve decided on a system, spend some time shopping producers and talking with us here at Eagle CDI, Inc. We’ve been in business long enough to know which companies to trust with your life savings.
NOT A BOTTOM LINE DECISION
Take our advice and don’t use price as the only criteria when choosing a home builder or a home producer. Be sure to compare quality, quantity and service.
Quality: Do third-party agencies inspect the quality of construction at the factory? This is often a requirement for state or regional building codes.
Quantity: This refers to the amount of materials contained in a producer’s home package and how much materials you will need to obtain locally.
Service: What happens if there are problems after the completion of the home? Eagle CDI, Inc. offers Bonded Builders Home Warranty, one of the best in the business.
QUOTES AND ESTIMATES
Most builders will provide free preliminary estimates. Precise cost figures may require blueprints or construction drawings, which carry a fee here at Eagle CDI, Inc. Such fees usually are credited toward your purchase if you buy.
DEPOSIT & PAYMENT PROCEDURES
Many companies require a deposit before working on blueprints or providing firm price information. Be sure you understand what you are getting for your deposit and find out about refund policies if you decide not to proceed.
THE GREAT DIVIDE
Your path to a completed systems-built home diverges when it comes to who will be constructing the home on your land. Essentially, you have three options to choose from and the degree of difficulty increases with your involvement in the process.
Hire Eagle CDI, Inc.—Easiest Option
In choosing this path, you will be intimately involved in the planning and design of the home, but then turn it over to us, who will give you a set of keys and a garage door opener when it’s finished. This is the route we recommend you pursue to obtain a home on time and on budget.
Serve As Your Own General Contractor—More Difficult
A general contractor or GC must locate, evaluate and meet with all subcontractors, as well as prepare all the specifications for each trade, prepare a complete cost estimate of the project and establish legal contracts between all parties. If you choose this route, consider using Eagle CDI as your consultant, to help you through the process. Our consulting fees are quite reasonable.
Owner-Builder—Most Difficult Option
The most difficult option and the riskiest is to be an owner-builder or do-it-yourselfer. In this role, you will be responsible for everything the general contractor is responsible for—plus you will do most of the construction yourself. We don’t recommend this option, just fyi. We’ve seen too many consumers trying this route who run out of money and still don’t have a habitable home. If you decide to go for this option, considering hiring Eagle CDI, Inc. as a consultant, to keep you aware of any pitfalls in your plans.
CHOOSE YOUR PATH WISELY
For many years banks have been reluctant to lend owner-contractors or owner-builders construction money. The most obvious reason for this is that the bank’s loan officers have no way of evaluating the quality of house you can build with their money. While many lenders now offer construction loans to owner-builders, remember you are investing your life savings in this project.
WILL YOU SAVE MONEY AS A DIY’ER?
Because of factory efficiencies, savings in time, and the use of labor-saving, high-tech tools, a building system can save you up to 30% over the cost of site building. Will you save even more money by finishing the home yourself? Perhaps, but it’s not guaranteed. Novice builders make costly mistakes, especially when they don’t have construction experience to draw upon, the necessary tools and equipment, and contacts in the community. The mistakes you make can end up costing you more than having a professional such as Eagle CDI, Inc. turnkey your home—not to mention the resulting delays costing you more in construction loan interest.