By Jeff Gomez
Before you look at model homes, meet with sales agents, or even browse online, it is important to know whether you are ready for the financial commitment of building a home. There are three periods during the building process that will ultimately end up costing you a significant chunk of change. The first is your earnest money to lock up the lot, and to show that you are serious about building. The second is the construction deposit. This usually comes after the design process and before construction begins. The final large transactions will be at closing and are called the down payment and closing costs.