FREQUENTLY ASKED QUESTIONS

This will be negotiated between Ground Breaker Homes and the buyer. When the future homeowner owns the lot, they will often carry the construction loan and be responsible for the costs involved. When the prospective homeowner does not own the lot, Ground Breaker Homes will often purchase the lot and carry the construction loan and wrap expenses involved in the final purchase price.

 

Traditional down payments range from 5 to 10%; however, this will be negotiated based on the level of customization and location of the project.

 

Ground Breaker Homes has a master insurance policy through our insurance provider. Traditionally Ground Breaker Homes will carry insurance from start to finish of the home, including builders risk insurance.

Ground Breaker Homes will pay for utilities during construction. Upon completion of home, utilities will be transferred to the buyer.

It may take several weeks or months before construction can start. The process includes pulling building permits, finalizing construction drawings, budgets, site plans, etc. Once construction starts, most of our house plans take 6-7 months to construct without any significant weather delays.

Using a Ground Breaker Homes established floorplans limits architectural fees and can streamline your home building process. If we are developing a custom plan, it will be the homeowner's responsibility to pay for the plan. This cost can be rolled into the price of the home once the custom home contract is signed.

Expansive soils and shale are common in Central Iowa. We recommend talking about a budget for any needed soil remediation upfront. Also, a homeowner may have a soil test be conducted before entering into a custom home agreement, so any soil conditions can be determined upfront and built into the cost of the home.