New Home Builder - K. Hovnanian® Homes®

FAQ

 

 

Frequently Asked Questions - Building On Your Land

Q: Where will you build?
A: We are currently building in most of Ohio, Western Pennsylvania and parts of West Virginia.

Q: What type and size of homes will you sell?
A: We offer traditional colonials, first-floor owner's suites, split levels, bi-levels and ranches from 1,170 to over 3,500 square feet, depending on the geographic location.

Q: What will be included in the price?
A: Our base price includes constructing the home on your improved site. The price does not include land, site work, utilities, driveways and options.

Q: Do I have to own a lot before I sign a contract?
A: No. You may sign a contingency contract while working to secure property.

Q: Does K. Hovnanian® Homes® buy the lot during construction?
A: No. You must own your lot throughout the process. We are acting as a building contractor throughout the process.  Land is often financed as part of the construction loan.

Q: If I were the buyer, how do I manage to do the site work and utilities?
A: (Turn-key) You have to decide whether you want to do the site work, or whether you want us to do it.

Q: Will you build from my house plans?
A: No. But we offer several floor plans and numerous options in our homes that should meet most of your needs.

Q: Let's say I'm very handy. Can I do work on the home like framing, wiring, and plumbing?
A: Sorry, because of code, warranty, and lender issues, we must build the entire home.

Q: How long does it take?
A: The whole process from Purchase to move-in is approximately 6 to 9 months. The actual construction time period is approximately 4 to 5 months depending on the size of the home.

Q: How will buyers finance the homes?
A: Financing may be secured from one of our preferred lenders or the lender of your choice. There are a variety of programs available from 30-year fixed to adjustable-rate programs. Your lender can help you decide on the best program to suit your personal and budgetary needs.

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