FREQUENTLY ASKED QUESTIONS

Designing and building your dream custom home can seem daunting, but it shouldn’t be. Loudermilk Homes created a proprietary “Process to Perfection” that makes it easy and fun to design a custom luxury home. Here are a few of our frequently asked questions, and if your question isn’t answered here, please give us a call.

DO I NEED A REAL ESTATE AGENT TO PURCHASE A NEW HOME FROM LOUDERMILK HOMES?

No, it is not necessary to use a real estate agent when purchasing a home from Loudermilk Homes. However, because it’s often the largest purchase a person or family makes, many people prefer to have the guidance of a real estate agent who is looking out for their best interests. The choice to use a real estate agent is entirely up to you, and if you choose to do so we are more than happy to work with your agent. Loudermilk Homes also has a team of sales agents who can help you find the perfect home or the perfect lot on which to build your dream home.

WHAT STYLE OF HOMES DOES LOUDERMILK HOMES BUILD?

Our homes have spacious, open floor plans designed to maximize the functionality and livability of the space. We use only the highest grade materials, fixtures, appliances and finishes. Built with exceptional craftsmanship, the quality of our homes is unmatched.

DO YOU USE ENERGY EFFICIENT BUILDING PRODUCTS AND TECHNIQUES?

Yes! All of our homes are built using the latest in "green" building techniques and products. This ensures maximum efficiency, which helps reduce the home's impact on the environment and the long-term costs of owning and living in your home. Each of our homes features protective house wrap to minimize the infiltration of moisture and air, dual flush toilets, energy efficient appliances, WiFi enabled programmable color touch screen thermostats, and insulated double pane windows.

WHAT TYPE OF HOME WARRANTY DO YOU OFFER?

All of our homes come with a one-year home warranty; two-year warranties for mechanical, electrical and plumbing; and a ten-year structural warranty. This is referred to as a “1-2-10 Warranty.” This means that for the first year, your warranty will provide you with surety coverage for things like site work, concrete, masonry, carpentry, doors and windows, etc. For two years you will have surety coverage on the delivery systems for water supply, septic tanks (where applicable), plumbing and HVAC. Our warranty also provides surety coverage for ten years on major structural components such as load bearing foundation systems, load bearing floors, wall and roof systems, etc. For additional information please visit our warranty provider at www.strucsure.com.

CAN LOUDERMILK HOMES BUILD A HOUSE ON LAND I ALREADY OWN?

Absolutely! Not only do we build homes for speculative sales, but we can also build your dream home on property you own. Choose from one of our current house plans or bring us your own. We can even help with design alterations and customization to a set of plans. Additionally, if you are looking for a lot to build on, we can help with that as well. Refer the Custom Build section of the website for further information.

WHAT IS EARNEST MONEY?

Earnest money is a payment the buyer makes when signing of a purchase contract. It shows good faith and serious intent on the part of the homebuyer. Although the amount can vary, the earnest money payment is typically about 1% of the purchase price.

WHAT ARE CLOSING COSTS AND HOW MUCH WILL THEY BE?

Closing costs are fees incurred prior to and during closing, which is when title to the property legally changes hands from the seller (the builder) to the buyer. Typical fees include attorney fees, title service fees, recording fees, transaction taxes, appraisal fees, prepaid insurance and taxes. The amount of closing fees depends on a number of factors such as purchase price and loan terms, and they can vary in different states, cities and municipalities. On average, closing costs amount to 2-3% of the purchase price of the home.

WHAT IS WHOLE-HOUSE AUTOMATION?

Home automation refers to the automatic and electronic control of household features, activity and appliances. Some components of an automated home may include the centralized control of security locks, appliances, windows, lighting, surveillance cameras and HVAC systems (heating, ventilation and air conditioning).

WHAT IS THE DIFFERENCE BETWEEN A SMART HOME AND WHOLE-HOUSE AUTOMATION?

Home automation refers to the automatic control of household features (hence the name), whereas a smart home is a much broader term that encompasses a larger range of internet-enabled features and technologies that are all connected through the Internet of Things (IoT).