| 1.
What occurs when we go to settlement?
Settlement is when Ameri-Star Homes. transfers ownership of the
property you contract to purchase to you as the Buyer. If you
need specific information about fees that are involved for this
process, you must contact the Title Company that will be conducting
your settlement.
2. When can I lock in my Interest
Rate?
Mortgage companies offer lock in periods as early as 120 days
prior to closing. Ameri-Star Homes requires that you lock in at
least 30 days before your scheduled Settlement Date. As many lenders
offer different packages, you should consult with your lender
directly. Ameri-Star Homes is not responsible for locking in rates
for any reason. You should not lock in your rate until an Ameri-Star
Homes representative has confirmed your scheduled date to settle;
as doing so without confirmation is At Your Own Risk.
3. Can I go inside the home while
it is being built?
Ameri-Star Homes recognizes that having a new home built is a
very exciting process. There are many unknown hazards on a construction
site that can cause serious injuries or even death. Because of
those risks, Ameri-Star Homes does not allow any visiting of the
construction site without prior authorization and accompaniment
from one of our representatives.
4. What if I am supplying my own
appliances?
If you are supplying any of your own appliances other than a
range, you may not move them in until you have gone to Settlement.
Ameri-Star Homes' insurance carriers will not provide coverage
for your appliances for any claims due to theft, or damage.
If you are supplying your own range, you must contact your Ameri-Star
Homes representative.
5. Can I move some of my things
in before Settlement?
Ameri-Star Homes does not allow you or your belongings to occupy
the home until you have gone to Settlement. Once you have gone
to Settlement, your homeowner's policy will cover your family
and your possessions inside your new home.
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