At Oak Ridge Homes, the financing process is designed to provide convenience and flexibility for buyers. Unlike traditional builders, Oak Ridge Homes does not require a construction loan for their build projects. Instead, they finance the construction of the home themselves, allowing buyers to avoid making payments during the construction phase.
To begin your build journey, there are three key considerations to keep in mind: budget, home style, and location. Determine your budget based on your financial situation, think about your preferred home style and features, and research locations that align with your needs. These considerations will help guide you in making informed decisions and starting your build journey on the right track.
While Dart Bank's preapproval is necessary, buyers are not obligated to utilize their services for financing. Oak Ridge Homes recognizes that buyers may have established relationships with other lenders or may wish to explore different financing options to find the best fit for their needs.
At Oak Ridge Homes, you have the choice to build on your own land, let us help you find land, or select a lot within one of our communities, offering flexibility and convenience in the homebuilding process.
When considering purchasing a new home, you have two main options, other than custom building, to explore: move-in ready homes and spec homes that are under construction. Let's delve into the advantages and considerations of both.
Move-in ready homes provide the convenience of immediate occupancy. You can simply pack your belongings and settle into your new space without the need for repairs or updates. These homes have already undergone inspections, repairs, and updates, giving you peace of mind. While customization options may be limited, you can still personalize the space with your furniture and décor.
On the other hand, spec homes that are under construction offer the opportunity to buy a new home without having to wait as long as you would if you were to start from scratch. Additionally, spec homes often incorporate newer features and design elements to appeal to modern living standards.
Ultimately, the decision between these two home types depends on your priorities, timeline, and budget. Consider factors such as convenience, customization opportunities, aesthetic appeal, and your willingness to wait for construction. Engage with an Oak Ridge Homes representative to explore your options and choose the home that best suits your needs and preferences.