Preliminary Meetings

The goal is to gather information as we listen to you so we can work towards defining the particulars of your custom home.

Camden begins with a meeting to discuss:

• General price range of your new home
• Location or lot selection
• Preliminary design concept
• At conclusion of the preliminary discussions, Purchaser makes Deposit on selected lot and work begins on architecture (Preliminary Copncept, Building Plans and Specifications)

Design Process Begins

Camden works to:

• Develop preliminary Building Plans and Specifications
• Fine tune Pricing with an "options menu"
• Make adjustments to preliminary Building Plans, Specifications and Pricing
• Application for Construction Loan
• After preliminary Building Plans, Specifications and pricing are finalized, Purchaser signs "Part A" of Contract to Purchase
• Completion of final Building Plans and Specifications

Construction Drawings, Loan and Documents

• Construction Loan approval
• Purchaser signs final Building Plans and Specification documents
• Purchaser signs "Part B" of Contract to Purchase (Contingencies are waived and Purchaser authorizes start of construction)
• Balance of 10% Deposit of total purchase price is made by Purchaser to Camden (Credited to Purchaser upon home completion)

Construction Loan Closing

• Construction Loan closing date is scheduled with Purchaser and Lender
• Purchaser closes Construction Loan
• If Purchaser does not currently own the Building Site, Purchaser closes on Building Site

Construction Begins

• Actual ground-breaking occurs
• Camden sets construction timetable and completion date
• Selection process begins (brick, shingles, cabinets, etc.)
• Purchaser chooses finishes, paints, etc.
• Purchaser inititated Change Orders may take place before end of select process

Construction Completed Move-In

• Pre-Move-In inspection with Camden Representatives and Purchaser (Punch Out List developed)
• Pre-Move-In review and reconciliation of Financial Documents with Purchaser as required
• Final payment and settlement occurs
• Utilities transferred to Purchaser's name
• Occupancy occurs after issuance of Certificate of Occupancy
• Warranty Period begins
• Roll over Construction Loan to End Loan