Lot Acquisition

You will need a trustworthy partner who works with a house builder in order to construct the home of your dreams on the lot that you are considering purchasing. You may need guidance through various lot acquisition processes from scouting a perfect location, selecting a model, assessing your cost, finding a building lot and getting it under contract, doing a feasibility study to bringing the entire transaction to settlement.

What is the acquisition process?

Working with a trusted development company like Will Kerkes Development can help have a successful transaction. Understanding the lot acquisition process is vital and can also help to establish pricing. Here’s how a lot acquisition processes undergo:

• Firstly, the transaction will be outlined from a high level so that you will be able to understand the budget that will be involved in purchasing a lot as well as the construction of a lot in the area where you prefer to live. For this transaction, you also have to understand the three main components of the overall budget of your transaction, which includes:
  1.Land
  2.House
  3.Construction site work
• Once the transaction process is done, your entrusted home development service will then find a property and get it under contract along with a study period.
• Then you will have to meet with the service company to determine the budget, floor plan, and construction site work cost.
• An agreement will be created after the determination of the overall budget and floor planning so that the company will be able to perform a feasibility study on your behalf.
• They will then verify the house fit, perform a soil study, review the entitlement, and other factors that may otherwise end up affecting the construction process.
• Once the study is completed, you can start your permitting process and choose the interior designs for your dream home.

Get in touch with Will Kerkes Development

Schedule an appointment with Will Kerkes Development for consultation and to get the acquisition process started. With years of experience and knowledge, we customize your floor plan as per your requirements. We will review and prepare pricing before finalizing your plans. Upon removal of contingency, we will then obtain permits. We verify quality standards throughout the entire home and review all the mechanical, electrical, and plumbing systems along with the warranty and service procedures. If you have any queries regarding lot acquisition, get in touch with Will Kerkes Development and schedule an appointment.