Is New Construction For You?

Are you considering building a new home?  Have you wondered about the process? It can be very confusing, here is some helpful info.

Choosing a builder.

Ask your friends for recommendations, go to open houses to meet builders, look on facebook for builder pages.  Many of them post on-going projects. Meet with one or two to see who best fits with your needs and personality. There are many builders in the Mat-Su Valley, some of the best ones are hands-on builders who personally swing a hammer.

How to find land.

Some builders already own land.  These are usually larger builders who develop subdivisions and then build on them.  Or you can go out and shop for just the right piece. This can take some time. You may need to buy the land yourself or sometimes the builder will buy it for you if you participate with a large deposit.

Builders Meeting.

When you know the basic plan you want to build it’s time for a builders meeting.  The builder will explain the process from their perspective and help you understand the many steps.  You can change the plan or upgrade the plan. It’s important to finalize as many details as possible before you start.  If you make changes after you start the cost will be extra.


You need to know how you are going to pay for it.  Unless you have cash you will need a loan. Usually you enter into a contract with a builder who finances the whole construction phase and you close with your long-term mortgage at the end.  Some lenders have a single loan process where you get your long term loan at the beginning and the builder is able to make draws on the loan during construction. This may end up to be slightly less expensive for you since the builder does not have to assume as much risk.

Go into contract.

Before you start building you will need a contract with the builder.  This will spell out in as much detail as possible the whole process right up to the closing date.  It will talk about the plans, allowances, plot plan, builders warranty and more. A non-refundable “notice to proceed” deposit will be required before construction begins.

Do you have the time?

A key factor is time.  Construction can take up to six months depending on the situation.  Not only is the longer closing time a consideration, you will also need to spend time during construction personally talking with the builder, looking at the site and making some on-going decisions.

Hands-on involvement.

You will need to make many choices during the process.  Paint colors, kitchen finishes, flooring, fireplace or not, window placement, lighting locations and type, driveway location and finish etc.  There will be a LOT of decisions to make, and many of them need to be made fairly quickly to not slow the construction process.

Use Your Realtor.

Your Realtor can help you all along the way to keep things on track so that you will be ready to move in by the contract date.  Your Realtor can be a big help when things get stressful along the way, and believe me, they a WILL get stressful.

Close and Move in!

There is a lot of excitement from the beginning to the end, there are disappointments too, but the excitement outweighs the disappointments and seems to build (no pun intended!) the close it is to closing time.  When you finally get the keys and walk into your brand new home you will be glad you were willing to invest so much time and energy into building your new home.

Happy Building!

Sheila Cote, Realtor


How May WE Serve You?

In the world of REAL ESTATE, as well as in life, one learns very quickly that the BEST realtors surround themselves with a competent group of teammates.

Alaskan owned Valley Market Real Estate is no different. As a fixture in the Palmer community, we at Valley Market Real Estate continue to provide exceptional service to our clients due to our relationship and teamwork with quality lenders, escrow officers, home inspectors, appraisers, local contractors and so on.

Home inspections are crucial–Palmer/Wasilla has many GREAT inspectors!

With such a diverse population, we know how to make each client’s file cross the finish line by understanding the skillsets and niche’s of our team, who, when brought together, becomes the perfect team for your individual needs.

For instance, if you decide to have a new construction built in lieu of purchasing an existing property–the team of experts representing you in the lending side, title side, and so on would be professionals who specialize in the niche of new construction. (By the way, Valley Market Real Estate warmly invites you to our FREE Real Estate Forum discussing everything you need to know about new construction next Tuesday 2/26/19 @ 6:00 at our Palmer office. 603 W Recon Circle, Palmer)

As a realtor in Palmer and Wasilla Alaska, I absolutely love working with outside-of-the box transactions. But the reason I love the challenge of something different is because I know I am not working alone. I am one part of a team of experts. All parts function together with the end goal to serve the needs of each Alaskan both present and future.

How may WE serve you?!; (907.315.1086)

Let’s do this!


Signing Closing Documents at the Title Company (AKA: Finish Line!)

Let’s Do This!

I have spent the last couple of weeks in the Lower 48. My husband and I began our journey in a small town in lower Michigan visiting our kids, but we also took a long road trip to the south, taking two different routes going and coming so we could see different areas of the country.

Living in Alaska, my idea of beauty lies in the rugged mountains and the untamed beauty we are surrounded by daily. As lovely as some of the countrysides we passed through were, nothing came close to matching the majestic beauty of Alaska. We are truly spoiled in Alaska with our landscape.

However, I am still in shock at the warmth and friendliness of the folks we encountered on our journey. Especially a sweet elderly lady working at one of the rest areas we stopped at in Georgia who complimented my appearance and informed me that when I came out of the bathroom stall, she needed to give me a big hug. Which she did. Before I could make it to the sink to wash my hands. I may need to bring some of that southern warmth back with me to Alaska. Except I will let you wash your hands before I hug you!

If you are considering a move to Palmer or Wasilla Alaska—it would be my extreme pleasure to serve you in finding your perfect Alaskan dream property.

Spring is just around the corner, and new properties are hitting the market every single day!

If you have not yet made the decision to pull the trigger and make a move—let me show you properties in Alaska via FaceTime or video to help you make the life-changing decision of whether or not Alaska should become the next chapter of your life’s story!

Shoot me a text or call me (907.315.1086) or send me an email (

Let’s do this!