The contract for the purchase of your new home includes a collection of documents. These may include the following:

• Purchase Agreement
• Property Description or Plat of Subdivision
• Contractor's Disclosure Statement
• Contractor's Lists of Subcontractors & Suppliers
• Waiver of Lists of Subcontractors & Suppliers
• Building Restrictions
• Floor Plan Drawings or Blueprints
• Specifications
• Pre-Close Walk-Through Checklist
• Draw Request Form (if applicable)
• Draw Request Schedule (if applicable)
• Change Order Form
• Change Order Policy
  

Prices and Allowances

The total cost of your home is stated in the Purchase Agreement. This cost is subject to change based on YOUR change orders and selections. You may be ready to get the building process moving but still need more time to finalize choices for items like carpet, cabinets, tile, appliances, etc. To address these items, you and GEAUX can agree to an allowance in the contract.

An Allowance is the estimated cost of each listed item. This amount is included in the contract total and should be included in your mortgage. If the actual cost of the item exceeds the allowance, you can pay the difference in cash or ask your lender to approve a higher mortgage.

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