Overview Of Lot Acquisition Process For Non-Lot Owners
Welcome to Stanley Martin Custom Homes! In this video, Sales Partner John Jorgenson discusses the lot acquisition process for non-lot owners.
“I’m John Jorgenson with Long & Foster and Stanley Martin Custom Homes. Since 2006, I have successfully brought countless buyers (non-lot owners) through the lot acquisition process. And I can tell you from first-hand experience, there are a lot of moving parts to this type of transaction.
Working with a reputable (home) builder like Stanley Martin Custom Homes is an important first step to having a successful transaction. At the end of the day, you want to partner with a (home) builder who will make sure you can build the home of your dreams on the lot that you are purchasing. With our lot acquisition program, we do exactly that.
With our all-encompassing process, we will guide you through:
- Assessing your budget
- Finding a building location
- Choosing a model
- Finding a building lot and getting it under contract
- Performing a feasibility study
- Bringing the transaction to settlement
Lot Acquisition Process
First, our lot acquisition experts will outline the transaction from a very high level, so you can understand the costs involved in buying a lot and building a lot in the area where you want to live.
To do this, you need to understand the three components of the overall price of your transaction, which are:
- Site Work
Once you’ve made it to this point in the process, we will now identify a property and get it under contract with a ‘study period.’
You will then meet with Stanley Martin Custom Homes to determine floor plan, pricing, and site work costs.
Then, we create an agreement with Stanley Martin Homes so the feasibility study can be performed on your behalf.
We then verify house fit, review the title, perform a ‘soil study,’ and other factors that may affect construction.
Once we’ve completed your studies, you will then remove study period contingencies, so you can begin the permitting process and making your interior design selections for your new home.
New and innovative floor plans, dedicated and experienced staff, tried and true processes, and great value.
Contact us today so we can get you started on the path to your very own Stanley Martin Custom Home.”
More Videos About Lot Acquisition For Non-Lot Owners
- Introduction To Lot Acquisition
- Introduction To Lot Acquisition Support and Services
- Overview Of Site Work
About John Jorgenson
Our sales partner John Jorgenson is also a realtor for Long & Foster. He has earned many honors throughout his career. Most notably, he is the no. 1 New Homes Agent for Long & Foster since 2008, a Top 5 Long & Foster agent since 2011, and the NVAR Lifetime Residential Top Producer. In addition, Washingtonian Magazine named John as Washingtonian’s Best: 2015 Top Producing Real Estate Agent.
About Stanley Martin Custom Homes
Stanley Martin Custom Homes was founded in 1998 by Steven B. Alloy and Michael Schnitzer. We are a wholly-owned subsidiary of Stanley Martin Homes, who has represented the best in Washington, DC area Homebuilding since 1966. Importantly, we have paid our bills on time since 1966 and built over 1,000 homes per year!
Notably, the decorated Stanley Martin Communities of the mid-Atlantic region feature a lot of our custom homes. Moreover, we dovetail off Stanley Martin Homes and leverage their buying power. In addition, we use their architectural plans, accounting department, and purchasing department.
Before we pick up a hammer or saw, we pick up a pen and paper and listen carefully to what you want in a home. We discuss your family, your needs, and the way you live. Additionally, we figure out what features are most important and determine the best fit for your budget and location. Also, we can even explore your neighborhood to see what kind of home will fit on your lot most naturally. Then, we go back and start putting together a plan just for you.
- Our plans are newer and more innovative, with the modern features you desire, such as loads of storage space and gourmet kitchens.
- We use higher quality materials and products – like low-E windows, High-Quality Housewrap, Denshield tile backer, and much, much more.
- Our trade partners are true craftsmen and take pride in their work.
Furthermore, Stanley Martin Custom Homes has hundreds of floor plans to choose from and don’t forget all floor plans and exteriors are customizable.
We can build a home in the counties of Arlington, Fairfax, Loudoun, Prince William, and Montgomery (Maryland). Additionally, we can build a home in the Virginia independent cities of Alexandria, Fairfax, Falls Church, Manassas, and Manassas Park.