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12670 SW 68th Avenue, Suite 300 |
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Welcome to future Timberland HomesTM homeowners and congratulations to our new Timberland HomesTM homeowners!
This section is designed to answer some common questions and provide helpful information to make the home buying process as smooth as possible. Purchasing your new home | Closing/Possession | Register your contact information Maintaining your new home | Understanding the warranty process | Useful Links and Articles
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The Purchase Process: Purchasing a new home can be a very exciting experience. Depending on whether you are purchasing a completed home or a custom home, your level of participation may change. Be assured that Timberland Homes, Inc. and their business partners will be there to assist you with all your needs and questions.
The Purchase Agreement: The purchase agreement and the various disclosures will make up a legal contract between all parties. Make sure that you fully understand all components of the agreements and disclosures. Your licensed real estate professional can assist you with your questions.
Understanding Your Home: If you are purchasing a home prior to completion, you will be required to review and sign off on the building plans, plot plan and specifications. The specifications are a detailed explanation of the components and products that Timberland Homes, Inc. uses to complete the home.
These selections will include: -Roof color -Exterior paint, body and trim -Stone or Brick -Cabinets -Hardsurfaces -Lighting package
Inspections: Other than the required code and jurisdictional inspections required to get finally occupancy on your home, Timberland Homes Inc. will complete other walk-thru inspections with the purchaser. In a pre-sold purchase, we will meet you prior to electrical installation and sheetrock cover. At completion of your home, and after your professional inspection, we will complete a final home orientation walk-thru and set up the closing appointments.
In addition, Timberland Homes, Inc. will warrant your home for a period of one year from the date of closing. Please understand that some of the components of your home are covered by the suppliers. All warranty requests are to be in writing to Timberland Homes, Inc.
These are just a few of the activities that make up the home buying experience with Timberland Homes, Inc. If you have further questions or need additonal information, feel free to contact us. |
Upon receiving a fully executed Earnest Money Agreement signed by Timberland Homes, Inc. and you , the buyer, Fidelity National Title will open Escrow on your purchase. You will receive an information letter from them, where they will ask for insurance agent information and the lender you will be working with for this purchase.
There will be a title search done for the property you are purchasing and you will be sent a title report providing the legal description, tax information, easements and covenants, conditions and restrictions of record.
During the time while your home is being completed you will not hear much from escrow until about one week prior to the closing date. Upon receipt of your loan documents and direction from Timberland and your Real Estate Agent, Fidelity National Title will contact you to come in and sign papers. You will be asked to bring a Cashier’s Check (or wired funds) payable to Fidelity National Title for the amount needed to close. Valid government photo ID is also required for your signature to be notarized at signing.
After signing there is typically a one or two day waiting period before the actual Closing and Recording happens for your new home. Your lender will review the signed loan documents and once all final underwriting conditions have been met, they will then send the balance of loan funds to Escrow so that Fidelity National Title may record and close your purchase. Once they have received confirmation that the Deed to put the property in your name has been recorded and all funds are received for cash to close, Fidelity National Title will then notify all parties that the closing is complete. At that time you will receive keys to your new home.
Meet Kim White, our Escrow Officer at Fidelity National Title. |
Please email, mail, or fax us your new contact information. |
A comprehensive guide to taking care of your new home. |
During your walk through, you will receive a copy of the Residential Warranty Company, LLC’s Oregon Warranty booklet, a ten-year warranty for new homes. Upon closing the purchase of the home through the title company, you will be given the original warranty booklet for which a validation sticker will be mailed directly to the new homeowners after closing from Residential Warranty Company, LLC. The warranty on this home is only valid through the Residential Warranty Company, LLC and valid only with the original sticker.
In addition to the ten-year structural warranty, Timberland Homes, Inc. warrants new homes for a period of one year from the date of your closing. All warranty requests must be submitted in writing to Timberland Homes, Inc.
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Home Price Date Shows Housing Solid Long-term Investment, 11/8/2007 NAHB Energy Efficiency Ranks #1 in Consumer Green Building Priorities, 10/31/07 NAHB Housing Economists Expect Market Turnaround to Begin in 2008, 10/26/07 NAHB New Home Sales Rise in September, 10/25/2007 NAHB Residential Warranty Company, LLC - Common warranty questions Oregon Construction Contractor's Board (CCB) Energy Star Products and Rebates Oregon Residential Energy Tax Credits |
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