Construction of your new home is broken down into various stages. You will be invoiced a percentage of your overall contract value at the completion of each stage so you will need to make sure your bank is prepared for these payment stages. These stages are usually;
Once your home construction is complete, most builders will schedule a Practical Completion Inspection with you. You will need to take your time during this inspection, it is your final inspection where any issues, touches ups and concerns are raised and noted.