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Classic Homes of Maryland Newsletter
News, Events & Advice from the Classic Team

This is your place for the most up to date news in the building industry, tips to help you in your building endeavors and information about our upcoming events.

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In This Issue
Expert Advice
Free Seminar
Home Sales Rise
Picks of the Month
Anne's Advice
Ike Leggett and Prem Puri with Builder of the Year Award
Dear Anne,
I am getting ready to finish signing a contract to build a new home, but I have no idea what comes next. How am I involved in the process until the construction starts on my new house?
- Excited in Ellicott City

A: Dear Excited,
It is very common to be uncertain about this process, especially for first time home buyers. Pre-Production is the part of the home buying process which takes place in between signing a contract and construction. Essentially, this is when your property is legally prepared to be built on, including everything from obtaining Surveyors/Land Engineers, applying for applicable permits, selecting options for the interior of your house, demolition if necessary, utility disconnections and/or connections and site work. The lengthiest part of this process is waiting for the permits to be approved. Generally all homeowners regardless of their situation will need to apply for Sediment Control, Right of Way and Building Permits. The Building Permit takes about 4-6 weeks after application and once it is received, you are almost finished with Pre-Production. At this time, you will then have a Pre-Construction meeting with your builder and the county, after which your house will be passed to the Production (construction) phase, which is the easiest phase of all. Now all you have to do is watch your house be constructed.
- Anne

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Classic Homes Events...
 
Attend our "Free Building Seminar"

Classic Series Home Built by Classic Homes of Maryland

On Thursday, April 22nd, from 7-8:30pm, learn all about building on your lot, including site work, permitting, construction financing, how to save on costs and more at this 90-minute informative seminar. Sales managers will be present as well as finance reps to answer your questions. Refreshments will be served.

Other Upcoming Events:
April 16 - Hard Hat Tour: Potomac
April 18 -
Guided Model Tour:
Kingsmill Model,  
                Manassas, VA
May 26 -
Building Seminar:
Montgomery Co Area

  
Builder News
 
February home sales rise 8.2 percent as buyers take advantage of gov't incentives


The Baltimore Sun
Alan Zibel - AP Real Estate Writer

The housing market is coming back from the winter doldrums.

The number of buyers who agreed to purchase previously occupied homes rose sharply in February, far exceeding expectations, a report said Monday.

That's a sign that a second round of government incentives is pushing buyers to make offers before a deadline at the end of this month. Buyers may also be motivated by worries that mortgage rates will climb later this year.

The National Association of Realtors said Monday its seasonally adjusted index of sales agreements rose 8.2 percent from January to a February reading of 97.6. January's reading was revised slightly downward to 90.2.

The report "may signal the early stages of a second surge of home sales this spring," said Lawrence Yun, the trade group's chief economist.

 
Jamie's Picks of the Month
  • Restaurants: Tavira - The number of choices doubles in size once the server finishes reciting the day's specials, and if goat is among them, raise your hand. There's more than careful cooking to win your favor. On the last Friday of every month, Tavira offers live music (guitar and violin). Any day of the week, there's the option of a three-course meal for $30.

  • Around Town: Smithsonian Craft Show - This annual show is the nation's premier juried exhibition of contemporary American studio arts and crafts. The show's also an opportunity to shop for very special pieces, meet up-and-coming and established craftsmen, attend demonstrations and view the huge collection of amazing works.
We hope you enjoyed the latest news and events from Classic Homes of Maryland. We look forward to hearing from you with questions and comments. Just send an inquiry/comment to info@classicmd.net.
 
Sincerely,
 
Classic Homes of Maryland