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<blockquote data-quote="jakeman" data-source="post: 3712031" data-attributes="member: 10690">No. You can put escalation clauses in the contract, but most of the folks I know will not currently take on a custom, or take an offer until the house is at least 85% complete. If you&#039;re pricing one today, and you&#039;re not further along than a slab, I can promise you, you don&#039;t know what your final cost is going to be. If the bricks and windows you ordered 6 months ago don&#039;t arrive in time, or are not available at all, the suppliers will not have to honor that price. If you&#039;re waiting on something over a couple weeks, that means it ain&#039;t made yet, and if you&#039;re waiting 6 months, that&#039;s a crap shoot, at best. It may or may not ever get made, and you may or may not get it from the folks you ordered it from. I&#039;m looking at a 3000+ sq ft custom right now. They&#039;re working on a print. I&#039;ll give them a &quot;budget&quot; and they&#039;ll get their own const loan and I won&#039;t even consider it for less than cost +20%, and the budget will be an estimate, and I&#039;ll likely tell them if they can&#039;t produce a letter from their bank that they are good up to at least 35% over budget, they need to find a different builder. I&#039;ll also have an iron clad way out if we disagree with the rate of progress. I don&#039;t control my vendor&#039;s production schedules. It&#039;s pretty rough out here right now.</blockquote>

[QUOTE="jakeman, post: 3712031, member: 10690"] No. You can put escalation clauses in the contract, but most of the folks I know will not currently take on a custom, or take an offer until the house is at least 85% complete. If you're pricing one today, and you're not further along than a slab, I can promise you, you don't know what your final cost is going to be. If the bricks and windows you ordered 6 months ago don't arrive in time, or are not available at all, the suppliers will not have to honor that price. If you're waiting on something over a couple weeks, that means it ain't made yet, and if you're waiting 6 months, that's a crap shoot, at best. It may or may not ever get made, and you may or may not get it from the folks you ordered it from. I'm looking at a 3000+ sq ft custom right now. They're working on a print. I'll give them a "budget" and they'll get their own const loan and I won't even consider it for less than cost +20%, and the budget will be an estimate, and I'll likely tell them if they can't produce a letter from their bank that they are good up to at least 35% over budget, they need to find a different builder. I'll also have an iron clad way out if we disagree with the rate of progress. I don't control my vendor's production schedules. It's pretty rough out here right now. [/QUOTE]

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