Essential Questions for Construction Contracts

Whether you opt for a fixed-price or cost-plus contract, it’s crucial to grasp what you’re signing up for. As someone who’s built over 2,000 homes, let me share the important questions you should ask before committing to any contract.

First, is the price fixed or cost-plus? A fixed-price contract means what you sign is what you pay, removing surprises. Next, clarify what’s included in the contract price. Essential features like spray foam insulation might be included with some builders, but always double-check. Also, understand what’s not included. For example, site work, permits, and utility connections often fall outside the basic contract.

Ask what happens if material costs increase during construction. With a fixed-price contract, you’re protected from fluctuating costs. Inquire about the payment schedule—avoid contracts demanding large upfront deposits. Finally, know what warranties are included. At S. Clements Homes, we allow customers to call even 20 years later if issues arise, but make sure to ask every builder about their long-term support.

Understanding your contract is key to avoiding issues down the road. I’d be happy to help you navigate these terms clearly—just call (469) 853-7952 for honest answers specific to your situation.