The Journey to Your New Home: Step 2 - The Contract
Having reviewed your detailed quote(s), you are ready to sign a contract with the builder that has offered the best overall value for your new home.
The contract should be written in a fair and detailed format to protect both you and the builder from any possible miscommunication. It is always a good idea to have the contract reviewed by your lawyer as well, before you sign it.
The detailed quote should be attached to the contract, and will become part of the legal document called “specifications.” While there are many clauses in a well-written contract, the price, schedule, closing date, and warranty are key components. It’s also a good idea to incorporate a clearly defined and realistic method to deal with any disputes that might occur.
Ideally, after you have selected the right builder and signed the contract, you should be able to file it away and never look at it again!
Keith Sawlor is the second generation Owner of Sawlor Built Homes. With more than 35 years experience building custom homes in Nova Scotia, Keith has built a team that mirrors his professional knowledge and values.
Keith is a Certified Residential Builder who is also certified with many leading industry organizations. He is a Passive House Institute US (PHIUS) Certified Builder, a Net Zero Energy (NZE) Certified Builder, a Natural Resources Canada (NRCan) R-2000 Certified Builder, and a Certified Aging in Place Specialist (CAPS).
Keith is a Board Member of the Atlantic Home Warranty Program as well as the Canadian Home Builders' Association Nova Scotia. He is involved in many other industry programs and associations, such as the Canadian Home Builders’ Association National, Safety Services Nova Scotia and Better Business Bureau.
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