Tampa Bay's Premier "GREEN" Homebuilder.

1. Plan Selection / Purchase Agreement
First step, select a lot and plan.  A McElroy Construction representative will assist you by preparing the purchase agreement, filling in details such as names, address, and financing, and answer your questions concerning earnest money, the building process, closing requirements, and warranties.  The purchase agreement secures your purchase and begins the building and new home ownership journey.
 
2. Loan Application / Credit Approval
Once the purchase agreement has been signed you should immediately schedule an appointment with lender approved by McElroy Construction to obtain “pre-approval” or a Loan Commitment, which will be required to start construction.  During the loan application you will have the opportunity for all of your questions concerning financing, closing cost estimates, and payments to be answered.  A small application fee is customary to pay for the credit report and appraisal.

3. Color Selections / Options

As soon as possible after signing the agreement to purchase, it is important to identify and start making fixture, door, flooring, and color selections you may be considering.  These selections are required generally three weeks prior to ordering the materials for installation.  Your McElroy Construction representative will explain this process and the importance of your timely choices.
 
4. Plans/ Permits / Building

After you have received credit approval with the Lender, closed on the construction loan, and have finalized the blueprint details, the builder will take the necessary steps to obtain all permits to begin construction.  This process requires the participation of many individuals…Lenders, engineers, surveyors, planners, and inspectors, so it may take several weeks before you notice any construction activity at the site.  Once building has started we will keep you informed of the progress, budget, and even schedule walk through inspections with you at the framing stage, just prior to the home being dry walled.
 

5. Walk Through / Orientation
After construction is complete, and, after McElroy Construction has performed it’s own quality assurance inspection you will be asked to attend a final orientation of your home.  At this point, we review all mechanical operations, warranties and suggestions for home maintenance provided.  This orientation is very important and will require a minimum of 3 hours to complete.  Orientations are scheduled only during the week on Monday through Friday, 8:00a.m.-4:00p.m.

6. Final Details / Closing
After orientation your sales representative will provide you with important closing information including directions to the Title Company, reminders about insurance, the need for a cashiers check at closing, utilities, and obtaining house keys.  Closings usually occur within a few days of your walk through and orientation.  Because the Title Company is always full several days in advance you should call as soon as possible after orientation to tentatively schedule your closing.
…Congratulations, on your new home!