Home Buying Basics

2. Step Two – Financing

In order to help you focus in on the plans that will best fit your budget, we suggest applying for a mortgage pre-approval from one of our Preferred Lenders soon after your Model Home Tour. This free application can be done online and only takes a few minutes. When finished with your application, you should have your approval within 24 hours

Now that you have selected your own-of-a-kind home, it’s time to find the one-of-a-kind piece of land to place it on… the Homesite. Not every home fits on every homesite, so now that we know the plan, we will show you what homesites your plan fits on. Once you select your homesite, it’s time to do a 7 day refundable deposit called a Homesite Reservation. This will take your favorite one off the market for the next 7 days, then we will go over any other remaining questions you have before moving forward to purchase agreement. Homesite Reservations are important because we can always duplicate the home but we can never duplicate the land.

Now that your homesite is reserved we will meet back at your favorite model home and review all the Included Features as well as the Optional Features that are available to you for that plan and create a price quote for you. This is all done in an effort to get you the information you need about pricing so you can make an informed decision.

At any time during the Homesite Reservation period you can move forward with purchase agreement. At the time of purchase we will apply the funds from your Homesite Reservation and an additional deposit towards your purchase. At the time of purchase agreement all decisions for the structure of the home need to be final, such as # of garages, 1 story or 2 story, bedroom count and anything effecting the footprint of the home. Other decisions pertaining to colors and finishes can wait to be finalized in the Design Studio.

At Shaw Homes you will have your own personal Design Consultant to help walk you through the process of picking out the colors and finishes in your home. You will be in very good hands, as our Design staff has been intimately involved in the selection of the colors you see in our Award Winning Model Homes. Shaw Homes has the most well-appointed Design Studio in the Tulsa and OKC area, filled with everything you will need to be your one-stop-shop for visualizing and selecting your color pallets all in one location without the hassle of driving to 20 different warehouses all over town. When you are finished choosing your colors, we will finalize the selections with your signature as approval and then launch into the building phase of your home.

Now that all selections decisions are final, it’s time for the Plan Review where you will meet your Construction Manager who will work directly with you through the completing of your home. The Plan Review is our system of checks and balances to make sure that the person responsible for building the home has had all the details of your home correctly relayed to him to ensure a smooth building process. He will go over all the full sized blueprints, specifications and finishes with you as well as site plan and home placement at this meeting. When this meeting is completed, it’s time to schedule excavation and get started.

During the building process of the home the construction site is open for you to visit at your leisure. As we go through the build of the home from ground breaking to closing you will receive weekly updates from your construction manager on the progress of the home complete with pictures and other info. When your home reaches 100% completion we will schedule your Homeowner Orientation Meeting. This is where you get a room-by-room walkthrough of your home with our Quality Control Manager where he will help you to understand how everything in your new home works. You will learn how to ignite pilot lights, use the appliances and mechanical as well as do a Quality Assurance Walkthrough.

We will notify you of your closing date approximately 30 days prior to your closing by emailing you a Closing Letter with helpful information and instructions. This letter will have contact information for the different utility companies you will need to contact in order to get service turned on in your name. You will have your closing at the Title Company office and all paperwork from Shaw Homes will already be there when you arrive at your closing. An agent of the title company will walk you through the paperwork and give you the keys when all the signatures are completed.

Once your closing has occurred you will begin your warranty period and have direct access to our warranty department by filling out a warranty claim ticket on our website. In your Homeowner’s Manual there are emergency phone numbers if you need answers or help during non-business hours. We have our own in-house Warranty Coordinator and Warranty Techs to help assist you as you break in your new home.