Many people prefer purchasing their home on contract. This kind of deal can be a good idea for aspiring homeowners who lack the necessary finances. Whenever you buy a tiny house on contract, the owner retains the property’s title. This will remain that way until you pay all the monthly installments. The title will only change ownership after making the full payment.
While contracts offer solutions to purchasing an affordable home, they may cause problems. In this article, we will examine the 10 things that you should consider before entering a tiny house contract.
1. PUT EVERYTHING IN WRITING
Before entering into a tiny house contract with a builder, you must make sure that you note down all the details. Just as is the case when visiting a company that has a warranty, you will need proof of the signed agreement. By noting all the agreements down, you will be able to account for everything that happens. Actually, all you have to do is show the signed agreement and any issue that may arise will be taken care of.
It is also advisable that you note down everything that you need for your tiny house. This can include how you want the tiny house to be or any extra features that you may need. Once you do this, you must sign the written agreement before keeping it in a safe and secure place. You can then produce the agreement as proof of what the builder had agreed to offer. This way, you will not have to get a tiny house that is not in line with your expectations.
2. KEEP ALL COMMUNICATIONS
Effective communication is important whenever you are entering into a contract. It is for this reason that you will exchange Emails or Short Messages with the company. Most of these Emails and messages will contain the agreements put in place and what each party has to do.
Any communication that takes place should be saved in a safe and secure place. This is because it will act as proof of what was agreed with the builder even before signing the contract. With this proof, you can present it to the company in case you are not satisfied with what they offer. For instance, if they forget to put something in your tiny house, you can show a screenshot of what was agreed. By doing so, the company will be able to make the necessary changes without asking for more money.
3. EXAMINE ALL THE BUILDERS AVAILABLE
Many companies offer services to new members of the tiny house community. This causes problems for people who want to enter into a contract for their tiny house. To avoid these problems, you will have to carry out detailed research of all the tiny house builders. Some of the important things that you need to examine include:
- The number of years a company has been in operation.
- Previous designs and builds.
- Reviews from other tiny house owners.
- Quality of their builds.
By doing thorough research of the company, you will avoid making the wrong decisions.
I CAN HELP YOU
4. SEEK HELP FROM OTHER PEOPLE
Your friends can come in quite handy whenever you want to enter into a contract for your tiny house. This is especially the case when they are members of the tiny house community. These friends will help you know the builders that you should trust and work with. In addition to this, they will also share important information.
With this information, you will figure out the best company to rely on. Furthermore, you get to avoid the regrets that set in after getting a poorly built tiny house. So keep other tiny house owners close by if you are to get a home that suits your taste and preference.
5. REVIEW THE PLANS AND SPECIFICATIONS
Going through the plans and specifications is among the first thing that you should do. This is because you have to know what the builder is planning to come up with before reaching an agreement. Once you have this information, you will have a slight idea of what to expect at the end of your contract.
Unfortunately, not all tiny house enthusiasts can review the plans and specifications effectively. For this reason, you can opt to hire a professional who will help you get what you want. All you have to do is share what you need with the professional and he or she will look into it.
6. WEIGH THE ADVANTAGES AND DISADVANTAGES OF MULTIPLE BUILDERS
There is a high chance that you will find more than one contractor to work with. This can be difficult to handle considering all the builders may offer the same services. To save yourself from this situation, you can examine the pros and cons of each builder. Make a list of important things such as pricing, location, shipping just to mention but a few. With this list, you will be able to choose the best contractor by knowing the strengths and weakness
YOUR ANSWERS ARE JUST A CLICK AWAY !!
7. MAKE SURE YOUR CONTRACTOR HAS A LICENSE
With so many companies offering services to tiny houses owners, you may end up losing your money. This is especially the case when you sign a contract with a company that is not registered or licensed. Any tiny house enthusiast who signs a contract with a company that has no license will find the going tough.
To be safe, ask the contractor to produce all the paperwork before working together. You should then check the documents either by yourself or using the help of a professional. Alternatively, you can visit the relevant authorities before verifying the company’s license.
8. FOLLOW UP
Tiny houses need owners to spend more if one is to get a build that is in line with your expectations. For this reason, you will never be happy in case anything does not go according to your wishes. To avoid getting yourself in this situation, you should follow up on the contractor.
People living in a different state are the biggest losers as they cannot follow up on the contractor. This may, in turn, make them get a tiny house that lacks every detail that you need. However, you can set aside some time to visit the contractor to know their progress. Alternatively, you can hire a professional or rely on a close relative who will do the follow up for you.
9. GET PROOF PICTURES FROM THE BUILDER
It is necessary that you get proof of what the contractor is doing if you are to know their progress. One such proof is pictures of what is currently taking place and things that need to be done. With pictures, you will be able to know what to expect from the builder and the things that are not according to plan. Without any proof, the company may refuse to install a given feature that you had initially agreed on. This causes huge losses since you had already set aside the necessary finances.
10. AVOID GETTING INTO PERSONAL RELATIONSHIPS WITH THE BUILDER
One of the biggest mistakes people make when signing a contract is getting closer to a builder. Most people get what they had not planned for just because they were too friendly with the builder. Whenever you treat a contractor as a friend you will find it hard to pass across the information that they need. In most cases, the two of you cannot take business matters seriously. With time, you become the sole loser since the tiny house may be below par.
Signing a tiny house contract is beneficial since you will get what you want without going through a lot. However, the contract may be your downfall as it may not contain what you need. For this reason, you have to consider all the factors before signing an agreement with a builder. Once you do this, it becomes easier for you to get the tiny house design that you need.
HIRE US: THE BEST TINY HOUSE DESIGN AGENCY