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Buyer’s Guide

First time home buyers are often intimidated by the home buying process. With Dynasty Custom Homes on your side, you won't have to worry. We guide you through the entire process from beginning to end, always acting with your best interests in mind to help you make the right home buying decisions for yourself and your family. We've provided a few useful links that may answer some of your questions, including terms to know and tips for purchasing a new home. If you have a question that isn't answered here, contact a Dynasty Custom Homes Sales Professional at (956) 424-5571. We're always here to help!

  • Tab Home Buying Tips

  • Tab The Building Process

  • Tab Terms To Know

Home Buying Tips

Building your family's dream home can be a very rewarding experience - especially when you select the right builder! Here are a few tips that will help you navigate the home building process smoothly.

The Building Process


Find the Right Location

Work with a Dynasty Custom Homes building specialist to find the right neighborhood or lot to build your family's dream home in.


Submit a Loan Application

Our preferred lender will be able to get your family quickly pre-qualified so you know exactly what your construction budget is.


Begin Designing

You'll work closely with our architect and construction manager to pick out all of the elements of your new home.


Construction Starts

Once your budget and plans have been finalized, we'll start construction on your new home! The job-site manager will be in constant contact with you keeping you in the loop with each phase of the home building process.


Close on Your New Home

A representative from the title company will meet with your family, and the builder, to transfer the title over to your family making you the proud new owners of a Dynasty Custom Home!

TERMS TO KNOW


Closing Costs

The term "closing costs" includes a variety of expenses not included in the purchase price of your property. Items like such as fees for an attorney, a title search, title insurance, taxes, lender costs and some upfront housing expenses such as homeowners insurance are all included in these.


Down Payment

The amount of cash you can put down towards the purchase/building price of a home. Some loan programs require a down payment, and others do not.


Pre-Approval

A lender’s conditional agreement to lend you a specific amount of money, made after confirming your financial information such as income and assets. Conditions may include a home appraisal and no significant changes to your finances (like new loans, new debt, or failure to make current payments).


Comps / Comparables

These are recently sold properties similar to the home you want to build/buy, with approximately the same size, location and amenities. They help an appraiser determine a property’s fair market value.


Appraisal

An estimate of a home’s value - generally done by an independent, professional licensed appraiser and typically required and ordered by the lender in conjunction with the mortgage application.


Title Insurance

Insurance that protects against issues, such as a tax lien or other legal claim, that would affect ownership of the property.

Want more Information?

Let's talk about building your family's Dynasty!