FAQs

As of January 2024, most production builders are 8-10 months, semi-custom builders 10-12 months, and custom builds are longer depending on the builder and size of home.

This is a situation you want to avoid like Covid-19.

Typically a 10-year structural warranty, 5-year water infiltration and internal leaks, 2 year for HVAC, plumbing, electrical, and other mechanical, 1 year workmanship. You typically have the first 30-60 days after closing to request cosmetic corrections.

This is something you always want to have performed prior to closing. The builders are not crazy about third-party inspectors coming out as they feel the walk-through would discover the items for the final punch list. Over the years though, inspectors I have brought out for clients have discovered the wrong size AC compressors, a window in the wrong location, appliances not performing properly, countless switches not operating properly, faulty GFCI outlets, and more. Some of the inspectors we recommend were General Contractors previously so their knowledge of construction is at a level higher than many general inspectors.

Builder incentives vary by builder. Most production builders are publicly traded companies and incentives come and go based on a number of factors. Time of year, fiscal period(s), quarterly incentives, and end of year incentives to name a few. This is where your realtor (Ryan) keeps tabs on the incentives and can help keep you informed. Since the run-up in values after Covid, builders have not been offering as many incentives as the demand was through the roof. Interest rates are up and as of January 2024, we are seeing some builders offer to buy down the rate if there is a mortgage.

Almost every builder has an incentive to use their affiliate title company and/or mortgage company. They like to keep this in-house not only for more profit*, but to have an easier line of communication to ensure the closing is not delayed.

*Title Insurance rates are set by the State of Florida and all Title Companies or Closing Attorneys charge the same amount for Title Insurance. To see Title Insurance rates in Florida, please go here.