The
Process of Working with J. McLellan, L.L.C.:
1. Our first
order of business will be to have a sit down meeting to discuss the plans for building your home. Some of our clients come
to us with blueprints in hand ready to build; others have just begun the process of planning their home. At our first meeting
we just want you to explain your ideas and to tell us what you want in your new home. It's really as simple as that. Tell
us what you want and we'll tell you how we can help you do it - no charge, guaranteed.
2. After our initial meeting, we will have as many meetings and interactions (phone calls, emails, etc.)
as necessary to solidify an understanding of what you want in your new home. Once we are both confident in our project plans,
J. McLellan, L.L.C. will write up a simple agreement that gives us the go ahead to begin putting together a cost estimate
for your project. We charge a flat fee for the assembly of this estimate and this fee will be rolled into your overall contract
fee once you have decided to enter into a final partnership with J. McLellan, L.L.C.
3. We then prepare a spread sheet that will identify, by line item, all the items required to construct
your home and begin the process of putting costs to those items. During the estimating process, and through the duration of
the project, you set standards of quality and expense - we know that even a dream home comes on a budget. We will solicit
bids from our pre-qualified subcontractors and from ones of your choosing. However, we do require that all subcontractors
be licensed and bonded in their trade. While we are compiling the subcontractor estimates for the necessary trades, we will
help you make decisions with regards to the amenities and finishes of your home (cabinets, doors, windows, floor coverings,
fixtures, etc.). Once all of this pricing information has been compiled we will present you with the estimated project cost.
4. During the estimating process we will work concurrently with your
lending institution to setup and secure the necessary loan documents and determine your prequalified loan amount. If you have
yet to choose a lender, we will gladly recommend an institution that will fit your needs.
5. When you have decided that the budget numbers are feasible and are confident in your decision to
proceed, we will then write up a final contract stating your intentions for J. McLellan L.L.C. to act as the general contractor
in the building of your home. For our services we charge one simple negotiated flat-fee paid out in monthly installments.
6. We will then begin the process of securing the necessary city
and/or county permits to begin your construction project. At this time, project contracts will be awarded to your selected
subcontractors and J. McLellan, L.L.C. will gather and store subcontractor insurance documentation. We will also create a
comprehensive project schedule, detailing your homes construction from start to finish, coordinating your project down to
the day.
7. J. McLellan, L.L.C. also manages all of your bank documents
and keeps a month by month budget for your project. At the end of each month we prepare the bank draw documents and archive
all of your subcontractor/vendor invoices. Moreover, we create a spreadsheet that documents how much has been taken out of
each line item of your budget, your undisbursed balance for each line, and exactly how much of and to whom your funds will
be disbursed. This enables us to accurately track the process of your home from a financial standpoint and will alert us ahead
of time to any cost overruns.
8. Once construction
has begun, a company representative will be at the job site on any day that a subcontractor begins or completes work on your
home, insuring the necessary quality control for your new home.
