New Construction 101: Kay Builders’ Guide to Industry Terms and Expressions
New Construction 101: Kay Builders’ Guide to Industry Terms and Expressions
August 30, 2023
Embarking on the path to finding your dream home is an exciting endeavor filled with possibilities and potential—but it can sometimes feel overwhelming, especially when faced with an array of unfamiliar terms and expressions. After building top-quality new homes throughout the Lehigh Valley, PA area for over seven decades, Kay Builders understands how important it is to feel confident and informed throughout your new home journey, which is why we're here to help you through the intricacies of the homebuilding process. In this comprehensive guide, we'll break down industry terms that might seem like a foreign language at first glance. Whether you're a first-time homebuyer or a seasoned homeowner looking to familiarize yourself a bit more, we're here to help you navigate the road ahead.
Quick Delivery Homes: Finding the balance between speed and customization
If you’re looking for a new home that’s move-in ready without sacrificing quality or functionality, our Quick Delivery Homes—also known as quick move-in homes—are just that. These are homes that are already under construction or are nearing completion, giving you the advantage of a shorter waiting period compared to starting from scratch. With a Kay Builders Quick Delivery Home, you'll enjoy the infinite benefits of a brand-new home without the extended construction timeline. We’re proud to offer a variety of Quick Delivery Homes throughout our Lehigh Valley communities designed with careful attention to detail, ensuring that your dream home becomes a reality in no time.
Pre-Approval: Your ticket to confidence in homebuying
Buying a home involves more than just choosing the right floor plan, location and community. It's crucial to have a clear understanding of your budget before you begin your search—which is where pre-approval comes into play. A pre-approval letter from a lender can indicate how much potential purchase power you have, helping determine whether you can be given a pre-qualification offer. It's a powerful tool that not only helps you set realistic expectations, but also demonstrates to sellers that you're a serious and qualified buyer. Armed with a pre-approval from a trusted lender, like our very own Traditional Mortgage, you'll confidently explore homes within your price range and be well-prepared to make an offer when you find “the one.”
Closing/Settlement: The culmination of your homebuying journey
After countless decisions, planning and anticipation, the moment arrives: closing day. Also known as settlement, this is the final step in the homebuying process. It's the day when ownership of the home officially transfers from the seller to you, the buyer. During the closing stage, various documents are signed, funds are exchanged and legal formalities are completed. It's a comprehensive process that can seem daunting, but at Kay Builders, we're dedicated to ensuring that your closing experience is smooth and seamless. Our team will guide you through the necessary paperwork and answer any questions you may have, so you can confidently step into your new home with excitement and joy.
Warranty: Assurance in every detail
In the realm of homebuilding, the term “warranty” is synonymous with peace of mind and quality assurance. A warranty is a written commitment from the builder that guarantees the functionality and durability of various aspects of your new home for a specified period of time. At Kay Builders, we understand that investing in a new home is a significant milestone, and having the assurance that your investment is protected is paramount. Our partnership with Quality Builders Warranty Corporation, the nation's premier 10-year new home warranty program, reflects our dedication to excellence. Builders bearing the QBW Logo, like us, have undergone rigorous evaluations and have met stringent standards of integrity and craftsmanship.
CUSTOM-i-ZABLE Homes: Crafting your vision
Coined by Kay Builders, the term “CUSTOM-i-ZABLE” isn't just a buzzword to us—it's a promise we deliver upon. While others may merely claim to offer customization, we take it to heart and bring your vision to life. Our floor plans aren't rigid templates; they're the starting point from which your unique journey unfolds. You possess the freedom to not just move walls, but to redefine the very flow of your home. Our commitment to customization means you can reimagine kitchens, relocate bathrooms, expand rooms and even put the finishing touches like lights and outlets exactly where you envision them.
Kay Builders: Your partner in navigating the new construction landscape
The world of new construction might have its own unique language, but with the right guide by your side, it becomes an adventure worth embracing. At Kay Builders, we're more than just a trusted homebuilder in the Lehigh Valley—we're your partners in turning your homeownership dreams into reality. From Quick Delivery Homes to CUSTOM-i-ZABLE Homes and pre-approval to closing, we're here to ensure that every step of your journey is enjoyable and stress-free. With Kay Builders as your guide, you'll not only speak the language of new home construction—but also fully understand and embrace it.
Give us a call at (484) 353-6100 or fill out our online form today to get started on your new home journey with our team of experts, and be sure to browse through our floor plans and new home communities in the Lehigh Valley to find the one that’s right for you.