Subdivisions and Building Lots
Frequently Asked Questions
What builders can we use?
While there are many great contractors in the area, we are the one stop shop for building a home in one of our subdivisions. Through Satterfield Builders, our home building division, we can offer you high construction quality and business integrity. Since we have built the majority of homes in the subdivision, we are very familiar with the subdivision standards and help our clients avoid costly mistakes. Ask us about our building package discounts and let us show you why so many choose to use Satterfield Builders on their new home.
If you would like to use a builder outside of Satterfield Builders, they must be approved by us prior to purchasing a lot.
What does "Build to Suit" mean?
In each subdivision we will usually tag lots that we are working on plans to start construction for a spec home (a home we will build for sale). Those lots are "build to suit" lots, meaning that we plan to build on the lot, but aren't quite ready to start building so if someone wants to have that lot, we can build their plan on that lot instead. Build to Suit lots are held for Satterfield Builders and are not normally sold out for other builders to build on.
If we just purchase a lot, how long do we have to build?
While we develop our subdivisions with the intent to start home construction sooner rather than later, we understand that timing doesn't always line up for people to build right away and some may want to have their lot selected, but not build for a while. We require home construction to start within a 24 month period of finalizing the purchase of the lot and the home to be complete within 36 months. We may be hesitant to sell out lots to those without plans to build or without a builder selected. After we sell out a lot, we must approve the builder and plans that will be used on that lot, if Satterfield Builders is not the builder for the lot. This is the way we are able to control quality and aesthetics of the overall subdivision, in which we have significant investment that we need to protect.
Do we buy the lot or does our builder buy the lot?
This all depends on the way you would prefer to finance the construction of the home. If the builder is going to do the construction financing, the builder should buy or carry the lot and then you will buy the finished home from the builder when it is complete. If you are going to finance the construction of the home as the homeowner then you should be the one that purchases the lot and then be prepared with a construction loan or self financing. While not all builders are financially stable to be able to offer construction financing, Satterfield Builders can offer construction financing for homes built on our lots. It will require a deposit of earnest money that will apply toward the purchase of the home, and then you will purchase the home from Satterfield Builders when the home is complete.
What house plans can we use?
We have many plans that we have built throughout our subdivisions, as well as plans in store to build, but you are certainly welcome to bring a plan of your choice, or we can design a custom plan for you with our in house drafting services. Plans will need to be approved by the Architectural Control Committee prior to construction.
Is there a Homeowners Association with dues?
There is a homeowners association in the subdivisions we build, but there currently are no dues or common property. The purpose of the association is to oversee the covenants and architectural control once the subdivision is built out, but again, there are not dues unless the homeowners together as an association feel the need to implement improvements that would require dues to be paid.
Are there subdivision covenants?
There are covenants, conditions and restrictions for our subdivisions. The covenants can be found on the individual subdivision pages. The covenants outline architectural control as well as discuss restrictions such as recreational vehicles cannot be stored in the driveway, but must be stored behind the front of the home and screened from street view. There is also a specific tree, a little leaf linden that must be planted in the planter strip between the sidewalk and the curb. Please read through the covenants prior to purchasing in the subdivision. By purchasing in the subdivision, you agree to abide by the covenants in the subdivision.