Information for Home Buyers

Do your homework before having work done on your home.

With so many types of home building companies out there, it’s a little tough to figure out who does what and who builds what. Here’s a quick run-down on how to tell the difference between custom and production home building companies.

Why should YOU build with a BPCI custom home builder?

BPCI CUSTOM HOME BUILDERS...

- Build on land you own. Some custom builders also build on land they own.

- Build one-of-a-kind houses. A custom home is a site-specific home built from a unique set of plans for a specific client. Some custom builders may offer design/build services.

- Build single-family homes.

- Are generally small-volume builders (those that build 25 or fewer homes a year).

- Builds for all price points but tend to focus on move-up and luxury homes

- Allow buyers to supply their own plans to be built

- Allow customization of the plans & prints to deliver what the buyer wants and needs.

May build on a “Cost Plus” basis

 

 

 

DID YOU KNOW?

In 2014, the BPCI Builders expect to build approximately 145 Custom Homes, do 200 Remodel Projects, and develop 38 Commercial Projects in the Indianapolis Area, which equates to over $103 Million in Gross Sales Volume.

 

BPCI Builders are committed to...

=> Be in good standing in the Builders Association of Greater Indianapolis

 

=> Agree to Adhere and Build to the BAGI Quality Builder Standards

 

=> Have consistent standards and written expectations for all vendors and subcontractors to follow

 

=> Maintain an accurate schedule that ensures the home is built in a timely and orderly fashion

 

=> Maintain credit by paying invoices promptly

 

=> Maintain themselves and require that all their vendors maintain appropriate insurance standards/warranty procedures

 

=> Attend monthly BPCI meetings

=> Have field supervisors on the job site

 

=> Have written scopes of work and Job checklists

 

=> Attend required education seminars pertaining to quality standards

 

=> Maintain OSHA requirements

 

=> Maintain themselves and require that all their vendors maintain the appropriate insurance standards and warranty procedures

 

=> Have an accurate/efficient way to communicate with vendors and home buyers, ensuring that changes are implemented correctly

THE HOME BUYER'S CHECKLIST

Use this checklist to help you select a builder or remodeler to do work on your home:

If you are investing in your home, you will want a builder or a remodeler that cares. This list will help.

- Does the builder or remodeler have a permanent business location and a good reputation with local banks and suppliers?

 

- How long have they been in the building business? It usually takes three to five years to establish a financially sound business. Will they be around after the construction is complete to service any warranties?

 

- Is your builder a member of the Builders Association of Greater Indianapolis?

 

-Is your builder a member of the Building Partners of Central Indiana?

 

- Have you called your local Better Business Bureau? They can alert you to any complaints.

 

- Does the builder/remodeler have sufficient workers compensation and general liability insurance? If not, you may be liable for any construction-related accidents on your premises.

 

- Will the builder/remodeler provide you with names of previous customers? Ask them if they would hire the builder/remodeler again.

 

- Have you seen the builder/remodelers work, both completed and in progress? Check for quality of workmanship and materials.

 

- Are you able to communicate with the builder/remodeler? Remember you will be in close contact with them throughout the construction process and afterward as you live in your new home.

 

- Will the builder/remodeler provide you with a complete and clearly written contract? The contract will benefit both of you. Review it carefully.

 

- Be cautious of unusually low-priced bids. If the builder/remodeler is unable to pay for the materials and labor as the project proceeds, this may indicate a potential problem.

 

CONNECT WITH OUR BUILDERS

Our builders and vendors are trusted services providers who are ready to help.

SEE OUR BUILDERS

Building Partners of Central Indiana

The Building Partners of Central Indiana exists to facilitate a more efficient, innovative, and price effective method for a group of select custom builders to sell homes, remodeling projects, or commercial projects in partnership with a group of preferred vendors.

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 Questions? 317-261-4320