Step-By-Step Guide
Becoming a Ron Terry Construction Homeowner
1. Visit a lender to determine what you can afford to own. The lender will be reviewing your current income, debts and will look at your credit history.
*HINT- You may qualify for a government-backed no or low down payment loan, depending on your income
*HINT- Glacier Bank provides free appraisals for Ron Terry Construction Homebuyers
2. Meet with Merna or Rita to choose the home site and floor plan you desire. To
reserve your home and start the construction process, sign a purchase agreement and provide a deposit on your home.
*HINT-Your deposit is usually $2,500, but we are flexible on this point depending on your situation.
3. Meet with Rita for a pre-construction meeting. This meeting will last 1-2 hours. During this meeting, Rita will review your floor plan carefully with you. She will walk you through choosing interior and exterior finish selections for your home.
*HINT- We have a Frequently Requested Options sheet which gives you pricing for non-standard features. You will likely leave this meeting knowing exactly what any changes you have selected will cost.
4. While we are building you home, meet with your lender to finalize your home loan details.
*HINT- Relax and enjoy this time. Share your exciting news with friends and relatives. Feel free to visit your home on weekends and evenings. Call ahead if you need to visit during the week to be sure the way is safe.
5. A few days before you close on your new home, Rita will schedule a home orientation meeting with you. During this meeting, she will introduce you to your new home and explain important safety and maintenance features.
*HINT- Try to keep the number of people at this meeting to a minimum so you have time to ask questions and remember the important information you will be receiving.
6. The Big Day- The day you close on your new home, you will meet with Merna and your lender at a local title company. This is where you will finalize the loan documents and the ownership of the home will be transferred to you. Merna will review Home Warranty Guidelines with you and will provide you with a Home Maintenance and Warranty Manual.
7. Now that you are an official Ron Terry Construction Homeowner, you enter the Warranty Phase of our relationship. We will mail or email you reminders for scheduled warranty work. We try to be pro-active in scheduling set months for routine work, but you can contact us any time for urgent items.
8. Once your warranty period is over, our relationship with you continues. We love our home owners and you are our customer for life. If you have any questions about your home, feel free to call us. We will provide you with whatever service or information we can.
