Nokesville, Virginia Real Estate: Building a Custom Home in Nokesville

If you are going to build a home...building it custom sure is a good way to go.. In Nokesville, Virginia, there are several custom builders, who are actively selling homes on 10+ acre lots.

When you build a custom home there are a few things to consider. First is financing. Most custom builders will expect you, the buyer, to get a construction loan to pay for the home as it is built. This of course puts you on the hook while the house is being built (as opposed to a production builder, where you get the loan, after the house is built and the builder is paid at settlement)

The other consideration is the appraisal. Custom builders typically can't compete with resales, yet resales are what the appraisal will be based on, for the most part. Some of these builders may build in to the contract, that the buyer will "make up the difference" if the house does not appraise for the sales price.

If you are looking to build a custom home in Nokesville, Virginia, it is important to have an agent who can help you navigate the transaction. Call Konnie McKee, for homes for sale in Nokesville, Virginia

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