Budgeting
We take the final house plans and all of the information from our meetings and create a detailed cost analysis for building the home to your desires and finishes. This step takes time, since the house must be built on paper first, to get a firm and accurate budget. We will also provide cost alternatives for value engineering the home.
Final Budget
After
the budget is prepared, we will meet to discuss and analyze the different options available for the project. Fritts
Construction will work with you to finalize specifications for the home, based on these options and your budget. We
will then create a final budget to present to a financial institution for financing. Most banks require plans, specifications,
budget and a contract to process a loan.
Loan Approval
During loan approval, preliminary work can be done on the project: building
permits, scheduling, etc. As soon as the bank approves your loan, we are normally ready to get started building!
