All real estate transactions are highly exacting and complex and because there are so many components that go into the construction of your home... our policy is to document everything in writing. TAYLOR-MORLEY HOMES wants to be certain to provide you the home that you have contracted for - and reduce the amount of possible misunderstandings.
Your Community Sales Manager will be extremely detailed in recording your Home Purchase Contract (and any amendments to the Contract) so that your new home is built to your specifications and will meet your expectations.
When both parties adhere to this policy, the confusion and inaccuracies, which can result from verbal communication, are virtually eliminated.
HOME PURCHASE CONTRACT
Once you have selected the home of your choice from the many models available, you may execute the Home Purchase Contract, which consists of two main documents:
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Consolidated Sales Agreement includes the base price, standard
features, selected options, and pricing for any custom options you have
requested.
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Total Home Purchase Price to be Determined - It is mutually understood
you may be requesting additional pricing for other structural options and that
you will also have the opportunity to select design options e.g. flooring,
faucets, cabinetry, etc. during your visit(s) to the Taylor-Morley Design
Galley. Prices and detailed descriptions for all options you select will be
added to the Consolidated Sales Agreement.
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Addendum Agreement is the document which sets forth legal terms
of the Home Purchase Contract.
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Prior to completing the Home Purchase Contract, your Community Sales Manager will present you with a copy of the Limited Warranty Agreement describing in detail the warranty program in which you will be enrolled once you have closed on your new home. Your Community Sales Manager will review, discuss, and answer any questions you have concerning this warranty. Please note:
It is extremely important that you understand your warranty program.
The applicable Community Homeowner's Association rules and regulations for your Community (indentures) will be provided to you. Once you have closed on your new home you automatically become a member of your community's association.
At this point, your Community Sales Manager will outline the procedures for beginning construction.
The contract, together with your Earnest Money Deposit, is forwarded to the Taylor-Morley corporate office for processing.
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