Kitchen: Birch raised panel cabinets with Post form counter tops from builder’s selections. “L” shaped layout. $4,300 total cabinet and countertop allowance. This includes bathroom vanities as well. Peninsulas and Islands are optional. Stainless steel kitchen sink with faucet, Sears brand range, dishwasher and hood fan, non-vented. $800 Appliance allowance
Bathrooms: Ceramic sink, one piece fiberglass tub or shower unit, universal rundle or equivalent plumbing fixtures. Combo light/exhaust fan, washer dryer hookups with vent in first floor bath with mirrors over vanities.
Flooring: Choice of colors from Builders supplier. $16.00 per square yard allowance. Standard areas for Underlayment include all bathrooms, and the Kitchen. The Foyer and Eat-in area are considered upgraded areas for underlayment.
Windows & Doors: Windows are double hung vinyl clad insulation glass with easy tilt, grids interior (white only with screens). Windows schedule and sizing varies depending on specific plan. Shutters located on front only, choice of colors. Exterior garage walk through doors are metal insulated with choice of paint color. Front doors are fiberglass with choice of paint color. Sliding glass door in dinette area per plan.
Siding: Main Street vinyl siding with choice of colors. Corner boards are wide panel, white only.
Heating: Forced hot air, two zone, by propane off the system with a 500 gallon leased propane tank. Furnace is direct vented. 40 gallon propane heated hot water tank is direct vented. Gas fireplace’s are optional. Future framed dog house box is included. Fuel storage tanks are leased and buyer must sign contract with propane company.
Exterior: Pressure Treated Deck is optional - see option list for pricing . Two exterior faucets, front and rear. Two exterior electrical recepticles located front and rear. Both locations to code and at the discretion of the electrician.
Interior Trim & Doors: Finger jointed baseboard & casings painted, off white Benjamin Moore semi-gloss. Walls painted one coat off white with Benjamin Moore flat. Six panel masonite interior doors painted same as trim color. Interior Closet doors are Slide-bys or Single opening.
Insulation: Exterior walls R-19 Batt: Blown ceilings R-30, Batt Basement R-19, Batt Garage R-19.
Electrical: 200 amp service, circuit breakers, GFI breakers per code, front doorbell, 2 telephone jacks in kitchen and master bedroom. Cable wiring in family room and master bedroom. Smoke detectors on all levels and in all bedrooms. Buyer to purchase light fixtures in pre determined locations. A credit of $500.00 which includes all bulbs will be issued at closing.
Water & Sewage: On site 4 bedroom septic system, which is State & Town approved. Water is supplied by private well and tested by an independent facility. Jemco Builders guarantees potable results. Builder allowance for well shall cover 350 (three hundred and fifty) feet of drilling, pump and pressure tank. Depth of well is determined by rate of flow. Buyer shall be responsible for any drilling beyond 350 feet (three hundred and fifty) at an additional cost of $10.00 (Ten dollars) per foot. Hydrofracking will be an additional $1,500.00 (One thousand five hundred dollars).
Paving: All driveways include paving of 1,200 (one thousand two hundred) square feet. Additional paving will carry a fee, to be determined.
General Construction: Roof: Half inch OSB Sheathing with 25 year Architectural roofing shingle from builder’s designer selections. Ice and water shield at eaves (36”) and in all valleys to prevent ice back up. Walls: Exterior walls to be 2x6 construction with aspenite sheathing. Interior partitions to be 2x4. precast front steps with rails on 3+ treads.
Foundation: Poured concrete and bulkheads per plan. Jemco Builders installs perimeter foundation drains on all homes. Crushed stone compacted under floors at basement level.
Landscaping: Loam, rake and seed 40 feet radius (including leach field). Jemco Builders will not remove large on site boulders or be responsible for fallen debris outside of disturbed areas. The Builder shall not be responsible for grass growth. If transfer of title occurs during the time of year the Builder is unable to complete landscaping, the Buyer has the choice of receiving a $600.00 (Six hundred dollar) credit or wait until the dry season for the work to be completed. No monies shall be placed in escrow.
Builder reserves the right to determine the proper placement of house to alter existing topography and to establish final grades in order to maximize customer satisfaction. Builder reserves the right to either increase price or void agreement on homes sold prior to excavation work being done, due to possibilities of ledge and unexpected costs. Should buyer not agree to increase in price they may rescind the contract and have full deposit monies refunded and neither party shall have any recourse on the other.
Additional Provisions
Seller reserves the right to change his sub-contractors, at any time, at his discretion, and without notice to Buyers.
Automatic 30 day extension: Builder reserves the right to an automatic 30 day extension on closing date if needed.
Selections: All selections will be made from the Builder’s standard and upgrade selections, except those that will be made from the Builders flooring, cabinet and appliance suppliers. Selections to be done and upgrades paid for within 10 days of signing contract. Floor plans and specifications should be agreed upon within seven days of the signing of the Purchase and Sales Agreement. For further changes, builder reserves the right to charge a service fee of $200.00 per change.
Upgrades: Buyer agrees that any and all upgrades shall be paid for up front, are non refundable, and become the property of the Builder should the property not close on the contract date or a mutually agreed upon date. Should the Buyer choose to finance any upgrades the following shall apply: Buyer will ensure that the deposit left with The Prudential-Verani Realty, Escrow agent, shall be enough to cover the upgrades that are financed. Cabinet, Flooring, and Appliance upgrades that are financed, will carry a 15% additional surcharge of the total, paid in advance to the Builder. Buyer agrees that said deposit monies are forfeited and shall be immediately released to the Builder should the property on close on the contract date or a mutually agreed upon date. This document shall act as a sole release for the escrow agent to do so. If for any reason a selection is not included in the completed home, the Builders responsibility is limited to refund the price of the selection to the Buyer.
Escrows: Builder policy does not allow any Builder funds to be placed in escrow for seasonal items that do not get completed. (Landscaping, Exterior painting, Paving, etc.) At the time of closing, Buyer will have the choice of taking credits for such items, or allowing the Builder to return and complete the work when the dry weather permits. The Buyer agrees to assume all responsibility in regard to working through this issue with their finance company.
Pre-Qualification: Builder policy requires all Contracts accompany a Pre-Qualification Letter from CMV Mortgage.
Non-refundable Deposit: At bank Commitment and start of construction, Buyers deposit shall become non-refundable and the property of the Seller. This document shall act as a sole release for the escrow Agent to do so.
Closing Location and Attorney or Title Company: Closing to take place at Prudential-Verani Realty in Londonderry, N.H. Closing shall be performed by a New Hampshire Attorney or New Hampshire Title Company.
Possession: Upon receipt of Sellers proceeds by certified funds, Seller will release house keys and give occupancy.
Homes that are already constructed may have been built without some of the above mentioned features and therefore are being sold “as is, as seen”. They may also be already past the stage of construction where Buyer selections are limited.
Automatic 30 day extension: Builder reserves the right to an automatic 30 day extension on closing date if needed.
Floorplans: Builder does not supply copies of floorplans or renderings.
Liquidated Damages: If the Seller has substantially completed the house in accordance with the terms of the Purchase and Sales Agreement, including and excluding any exterior work which cannot be completed as a result of winter conditions, and if the Buyers do not proceed to purchase the property and delays the closing, the Buyers shall be responsible to pay the Seller, Eighty Dollars ($80.00) per diem during any such period of delay.
Any additions made after the Purchase and Sales Agreement and Selection Sheets have been fully executed by all parties, must be paid for in advance by the Buyer, are subject to a $200.00 change order fee, and are non-refundable, on Acceptance of the Change by the Builder.
State Law: According to NH Law, RSA 359-G, contains important requirements you must follow before you may file a lawsuit or other action for defective construction against the contractor who constructed, remodeled, or repaired your home. Sixty days before you file your lawsuit or other action, you must serve on the contractor a written notice of any construction conditions you allege are defective. Under that law, a contractor has the opportunity to make an offer to repair and/or pay for the defects. There are strict guidelines and procedures under state law, and failure to follow them may affect your ability to file a lawsuit or other action.
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