June 28, 2022
Frequently Asked Questions About Hunter Quinn HomeSights
Throughout the years, our team at Hunter Quinn Homes has always updated our offerings to fit the needs of today’s homeowners—and by listening to our customers, Hunter Quinn HomeSights came into being. While our team works endlessly to build highly sought-after communities throughout Charleston and Greenville markets -- we know that sometimes you already have the perfect place in mind to set down your roots.
With our personalized build on your lot experience, Hunter Quinn HomeSights offers the best of both worlds—allowing you to choose your dream floor plan that was expertly curated by our talented team and build it in your ideal location, no matter what. There are often a few common questions that come about when discussing this particular new home construction build, so we put together a quick list to walk you through the process and give you a better insight into the program to see if this would be the best fit for you.
Q: Do you have lots I can use & can they be rolled into the transaction?
A: Yes, if you don’t already have a specific lot in mind, our team will work with you to find the best fit for you in a number of neighborhoods around the local area. When choosing this option, you would be able to also use the construction loan to help finance the purchase of the actual land.
Q: Do I need a property survey done?
A: Yes, you will need to have the land surveyed. Most mortgage lenders will require this before construction begins to ensure that the land is worth the price that they will be providing for the loan.
Q: Do I need any permits?
A: Yes, there will always be a need for permits when constructing any type of building. With our Hunter Quinn HomeSights program, however, our team will be there with you each step of the way to take away any doubt and uncertainty you may have regarding the subject and ensure that you have a stress-free homebuilding journey.
Q: What are the advantages of building on your lot?
A: Being able to work with a high-quality team within your local area while at the same time, getting to choose the exact location that your home is built is definitely an enormous advantage of our Hunter Quinn HomeSights program. You can choose the location best suited for you and your loved ones in terms of proximity to jobs, schools or activities.
Q: What is the difference between a construction permit loan and a regular mortgage?
A: Essentially, a construction loan is a short-term loan (typically one-year) and covers the cost of building your home on your lot. At first, this is completely separated from your mortgage, but once the year is up and your home is complete, your construction loan will simply be added into your mortgage for a seamless process.
Q: What do you mean by two closings or a soft close?
A: Having two closings, or a soft close, means that the construction permit loan is coming to an end. This isn’t similar to closing on your home, however, where up-front costs are due. A soft close relates to the time where your construction loan is simply transferred over to your mortgage payments when construction is complete.
Choose what’s right for you
There are a number of ways you can go about building your new construction home, but with our Hunter Quinn HomeSights program, you truly get the best of both worlds. With stunning architectural design elements throughout all of our floor plans and incredible neighborhoods throughout the area for you to choose from—there really is no stopping you from creating the perfect home you’ve always imagined having. If you’re interested in this build on your lot program, give us a call at (843) 994-2166 or fill out our online form today.