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Obemax Custom

Equity with OBEMAX

Size of Home (SF)
3,000sf
Lot
$100,000
Cost to Build - Construction Costs
(Usually can be 100% financing)
$375,000
Total Cost
$475,000
Appraised Value at Completion
$575,000
*Equity
$100,000

 


Average features in an Obemax home:

Obemax Custom
  • Granite kitchen countertops
  • Marble bathroom countertops
  • Beautiful Armstrong® cabinets
  • Solid hardwood floors throughout living areas
  • Ceramic tile floors in all baths. laundry and kitchen
  • Hardiplank® siding
  • 30 year architectural shingles
  • MW® Silverline® windows
  • Moen® plumbing fixtures
  • Typical builders in this area charge at least $150.00 per sq. ft.
    for similar features.

By building with Obemax, the customer has $100,000 in equity. If the customer would have built their home using other area builders, they would have had only $25,000 in equity.

 


Preconstruction Services

Obemax Custom

Home Design and Plan Development:

  1. Obemax will evaluate your house plans or
  2. Refer you to a custom home design plan service, an architect, house plan resources, and/or an engineer
  3. Meet with you to review plans
  4. Evaluate proposed plan designs for building cost analysis
  5. Evaluate plans from a design standpoint
  6. Evaluate stock plans for suitability to your geographic location.

Evaluate Property:

1. Site visit by an Obemax consultant to your property

2.Obemax to provide a written site report to you addressing:

a. Site analysis of elevation and flood issues, soil conditions (may require other professional service), clearing, excavation, and fill issues

b. Review of site utilities—sewer, septic, water, electric, gas, and cable

c. Recommendations for building positioning

3. Review of deed restrictions, easements, and setbacks

4. Assess potential permitting problems

5. Address items that may affect resale or future use of property

6. Assess development costs and property feasibility


Feasibility and Estimated Cost Analysis:

1. Review preliminary land feasibility, soft costs, and development costs

2. Provide you with a preliminary cost estimate based upon your general specifications

3. Provide list of banks and mortgage companies that offer owner-builder financing to Obemax clients

4. Determine all custom building specifications and components for all phases of construction

5. Obemax consultant will recommend items as appropriate to the budget as well as to your specifications, desires, and feasibility

6. Provide you with written Obemax construction specifications, customized to the plan design selected

7. Consultant will provide bid specification packages to subcontractors and suppliers for bidding purposes


Pricing and Costing:

1. Obemax will distribute bid packages to our system subcontractors and material suppliers, thereby providing you with maximum purchasing power

2. All Obemax subcontractors are pre-qualified and performance-tested, as well as licensed and insured

3. You may select décor and discretionary items such as cabinets, countertops, plumbing and lighting fixtures, flooring, etc. from our pre-approved vendors or from outside vendors


Construction Budget Package:

1. Obemax will provide you a written firm budget that provides you the greatest value possible, consistent with your desires

2. Final budget meeting with the owner to evaluate all costs, including alternates or options

3. Obemax will provide the complete budget for your lender


Meetings:

Meeting #1 –Clarify roles and responsibilities of the building process and the construction team; review building permits, financing arrangements, financing paperwork, changes or alternations to blueprints, budget changes, any architectural reviews, and property surveying issues.

Meeting #2 –Review the sequence of construction; review budget items; review contact lists; discuss phone service; establish start date of site work, foundation, and framing; establish and review Stage I construction time line.

Meeting #3 –Finalize construction start date; clarify roles and responsibilities again; determine any special requirements; review change order procedures; and schedule subcontractors for clearing, excavation, foundation, and framing.

Meeting #4 –Evaluate construction of Stage I; review Stage II construction calendar, budget issues, building department inspections, plumbing fixtures, especially faucets, tubs and showers, fireplace installation, and other upcoming construction items

Meeting #5 –Evaluate construction of Stage II; review Stage III construction calendar, budget issues; make final vendor selections; and discuss upcoming building inspections. Review move-in items, special item orders, and final subcontractor trades


Education encompassing the home construction process:

1. Types of construction

2. Advantages and disadvantages of various aspects of construction

3. Cost consequences of various aspects of construction

4. Sequence of construction

5. Building inspections

6. Change orders

7. Layout the time line for decision-making regarding décor items

8. Access to OBEMAX’S construction library of product literature, material samples, how-to books, and/or CDs and videotapes


Construction Management and Supervision by OBEMAX:

1. OBEMAX will handle all management and supervision:

2. Scheduling subcontractors for all phases of construction

3. Scheduling, receiving, and verifying material deliveries

4. Ordering inspections as necessary

5. Ordering surveys as necessary

6. Coordinating ongoing work, subcontractors, and suppliers

7. Follow up on completed work


OBEMAX supervises all phases of construction, including, but not limited to, the following:

Obemax Custom

1. Clearing and other site work

2. Excavation and fill

3. Check for all seismic and hurricane engineered components as specified

4. Footings and inspection

5. Foundation and inspection

6. Slab and inspection, including plumbing in slab

7. Framing—start; review window and door rough openings

8. Framing and first floor inspection

9. Framing, sheathing, and strapping inspection

10. Siding and exterior trim, decks, stairs, railings

11. Plumbing rough-in and inspection

12. HVAC rough-in and inspection

13. Electrical rough-in and inspection

14. Framing; post rough-in inspection

15. Insulation and inspection

16. Drywall installation

17. Drywall taping and finishing

18. Carpentry and interior trim work

19. Painting

20. Exterior concrete, walks, driveways, etc.

21. Flooring: wood, carpet, tile, vinyl

22. HVAC trim-out

23. Plumbing and electrical trim-out

24. Install appliances

25. Certificate of Occupancy items


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