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New Homes Broken Arrow | the Options Available
Speaker 1: (00:01)
Alrighty. So before we go on our model home tour today, I’m going to go over the path with you for your new Shaw home for new homes broken arrow. Um, we’re gonna start with what we’re actually doing today. So is that model home tour, um, that typically takes about 90 minutes to get through today. Um, we’re going to see anywhere from six to 12 homes, depending on what you guys are looking for for your family. I mean, we have the most furnished and decorated homes of any Tulsa builder, which is wonderful. So that way you can see, um, how our homes are lived in and our craftsmanship behind our bill. Um, and you will drive your own car. So if you have an emergency that comes up and you need to leave, you’re more than welcome to do so. Um, and during this time there’s no pricing and no pressure for your new homes broken arrow.
Speaker 1: (00:42)
We just want to make sure that we’re giving you all the information we’re focusing on the function behind the floor plan of the home and see how it would fit for your family. Um, and then we always say we have something for everyone. Something great about our AVP floor plans is over 90% of them are, it can actually be a one-story or a two-story home. So they are very versatile plans and also placement of where rooms go on each plan. Um, and then the next step would be the financing portion. So we will always give a monthly payment quote with any bulk price that we give you on a home reason, being people focus on that monthly budget that they’re going to be spending. So that monthly payment is always super important to know as well. Um, and something that’s great here. Uh, Mr. Shaw, we have acquired four preferred lenders that we use.
Speaker 1: (01:31)
Um, and the reason we have those four lenders is because Mr. Shaw has created a relationship with them. And we just want your whole process of building your new homes broken arrow with Shaw homes to be seamless from starting with us to who is going to be your lender during the process through the design studio or construction manager. So that’s just another step of having a preferred lender to making that process extra, um, smooth for you guys. Um, and something that’s a great is we always have our monthly incentive, which is $10,000 towards any upgrades at the home or, um, closing costs if you wish. But what’s great when using a preferred lender, you actually get, um, an extra 5,000 for that. So in total you get $15,000 for, um, your total incentive, which is pretty awesome. And then the next part of that, we always like to let you guys know it’s a free five minute application to get approved with a lender.
Speaker 1: (02:26)
Um, and you’ll get that, uh, approval done within about 24 hours. You’ll know where you stand, which is great. And something to always take note, if you do, um, currently have a lender, they will, our preferred lenders will interest rate, um, match with them and also do closing costs matching if that’s something that they were going to provide for you. Um, and then also I always like to let everybody know all of our four preferred lenders can do all types of loans from conventional FHA, VA, native American, um, loans. We just want to make sure that you understand that just because you’re using our lender doesn’t mean that we can’t still meet the requirements of maybe a current lender you have, or a Melinda you were thinking of choosing on your own. So, um, the next part of the path to your new homes broken arrow would be the Homesite reservation.
Speaker 1: (03:14)
Um, and that’s where we ask, uh, with any funds are asked of you. And actually what’s great about that. It’s a refundable thousand dollar deposit that we actually hold for seven days, um, at that refundable state, um, that way you can make no rush decisions on picking that one of a kind home site that you’re looking for. And you can switch during that time, which is wonderful as well. We just want to make sure that you’re taking your time and you’re getting all of your questions answered here at Shaw. So that way you can make the best decision with that home site that you guys are wanting to pick. And, um, another thing to remember is we don’t even cash the check. It just sits in our desk and we hold onto it for seven days. So that way we can try to get through step four and five without you having that pressure of already finalizing something.
Speaker 1: (04:01)
Um, and we do that because there are 12 more sales managers like myself going around with five, 10 clients at a time, and it’s a live document. So doing that hold or that reservation, um, blocks it from anybody else, being able to take that home site from you. So if you’re looking for that, one of a kind Homesite, that’s on a coldest sack or that perfect corner lot that is great for sunsets and sunrises. We just want to make sure that we can hold on to that lock for you. Um, and then the next step would be, um, something that I believe sets us apart from any other builder here in Tulsa would be our price out that we do. And what we would do is we would meet at your favorite home that we found during that great model home tour that we went on and it’s going to take about 45 minutes, but what’s great is we actually do an itemized pricing, uh, line for line you’ll know exactly what you’re saying cost in your home.
Speaker 1: (04:53)
If you chose one that was not included, you would know exactly what your flooring would be in each room that you chose to put it in. And that way there are no surprises and all of your questions are getting answered. Um, and our goal is to price it down to the way that you want. And we’re going to get it, you know, down to the dollar as close as we can for you. Of course, you’ll probably refine that number a little bit in the D our award-winning design studio. Um, but the great thing is we will give you a total price pronounced right on the spot one for you, one for your husband or your, your, maybe your son wants one to look at it. Um, we just like to do that. So that way you can go through all the options that you chose and be like, oh, you know, maybe I don’t really need that one, or, oh, we totally forgot that one. So then this way you have exactly what you would be or what you did put in your home, which is great. Um, and then the next step would be that purchase agreement. So during your purchase agreement for your new homes broken arrow is where you will watch a, um, informative video from my boss. Who’s our director, Erin Andis. And what he is doing is he is going to go through the complete steps of six through with
Speaker 2: (05:57)
You and making sure that all of that makes sense and answering all of your questions. Um, and then that’s going to be about a one hour meeting altogether. The only thing that we stress is that the structural options in the home site that you pick are actually final at purchase agreement. So that would be the home that you’ve picked. And if we moved any walls externally on the home, and then also the home site, so which community in which, um, home site that you put your home on would be final. The only the things that aren’t final are going to be your colors and finishes, um, cause you’re actually going to pick those out in our award-winning design studio and your next step, which is pretty awesome. Um, and at this time would be when your additional deposit would be due for your new homes broken arrow.
Speaker 2: (06:41)
So what that is is if your purchase price of your home is 250,000 or less, then that would be a $5,000 earnest money. Then of course, we would take that thousand dollar deposit from the Homesite reservation. So at that purchase agreement, you would just need in that we would need the other four. Um, if it is three or two 50 to 300, then it would be a $10,000 earnest money, um, deposit and same exact thing. We would take that thousand dollars from the home site reservation. So it would be nine. And then if it is 300 to 350,000 on a purchase price of your new homes broken arrow, and then it would be $15,000 for your earnest money. And anything above that would be a 5% is what would be your requirement. Um, and we do that because Mr. Shaw is paying is getting the construction loan.
Speaker 2: (07:26)
He’s paying your payments during that time and during the duration of the build and the interest that’s going to be collected during those months. So it’s just your skin in the game. So then that way we both are a part of your new build. Um, and then the other thing that would be due at that time would be your mortgage approval. That would be due from your lender. And then if you needed a contingency or delay of build, those are two things that we definitely can do in new construction. So on a contingent would be say, you had another home to sell. So you wanted to sell that home before you went ahead and started building a new one. So we can do that for up to 120 days, or say, you have a delay of build where you’re like, oh, I’m not moving here until three months.
Speaker 2: (08:06)
So can we wait about three months? We definitely can do that as well, up to 120 days as well. And as soon as we get that release of contingency or release of that delay of build is when we would go ahead and start building your new homes broken arrow. And then the next step, which is the funnest step is the design studio phase where you’re going to have three easy meetings. It’s, um, an interior meeting, an exterior meeting, and then a final signatures meeting. Um, and then you will make sure at that time, no structural changes will be allowed, but also what’s great is you’re going to work with our award-winning designers and we have one of Tulsa’s largest design shoes for any Tulsa Golder. I mean, there’s tons of options offered. You’ll get to touch the granites and see the courts and look at the, see what you want to do to your cabinets.
Speaker 2: (08:49)
If you want to paint them or stain them, what colors, um, it’s a really simple process and you’ll have a one-on-one with your designer at each appointment, which is wonderful. But the only thing we do ask is that there are no children allowed because one, you probably won’t be the only person there into the, just, we want to make sure we have your undivided attention, because this is a really important decisions for you guys. Um, and then the next step would be the plan review, where you review your selections, you discuss your timeline, you’ll get weekly updates. You’re going to discuss how your homeowner’s orientation will go. Um, and for that, you’re actually going to meet at the main office. And when you do that, you’re going to get to meet your builder of your community, that you’re building in. You’re going to review your blueprints, um, the site plan and the grade of the land, where your home is going on.
Speaker 2: (09:32)
And then in the building phase, you’re going to always get to meet at your home. You’re going to enjoy the progress of your home. And you’re going to get weekly updates from our construction manager. You’ll know exactly when things are coming in. Um, what is the next step that is about to be done? And then, um, you’ll always do your homeowner orientation on site, too. Um, and then at closing, we will meet at the title company and your down payment will be fulfilled from their earnest money above. And if there’s any other more costs that need to come to the table, um, you’re, you will be, have to pay your closing costs at this time and you’ll get your mortgage sign for, and the title will be transferred to you. And congratulations, it’s time to move in your new homes.