FREQUENTLY ASKED QUESTIONS

The information on this page has been provided as a means to help simplify the process of purchasing and building a new home. In no event are any of the above statements contractual obligations of the Builder or Seller and before relying on any of the above, it is recommended that you discuss any concerns or situations described with the Builder or Seller to ensure a mutual understanding.

  • Once you have decided on the location and subdivision that would work best for your needs and your lifestyle; you can either contact Sal Paone Builders office directly at 215-542-1331 or if you are working with an agent have the agent contact our office as your representative.

  • The best way is to reserve a lot with a deposit. There is a deposit form available on the web site that you should fill out, sign and attach a refundable $1000.00 check. Mail or hand deliver the deposit form and check to the Builders Office at 1120 Bethlehem Pike, P O. Box 280, Spring House, PA 19477 or you can complete the form with the Project Manager at the site. At that time, you should specify if you have a cooperating agent representing you. The check will not be deposited until an Agreement of Sale is signed and will be applied to the purchase price of your house at the time of closing.

  • The first step is the $1000.00 lot deposit. Once an agreement is signed, 10% of the base price is due at signing. These funds will be held in an escrow account with Abington Bank. The Buyer must sign and attach a W 9 with the deposit monies so that the interest accruing will be a credit to the Buyer from the time of deposit until settlement. Upon selection of any options and extras at the Home Customization and Selections Stage you will be invoiced from the Builder for 10% of all options and extras chosen to date. Prior to this you should speak to a lender to receive a prequalification regarding obtaining the mortgage necessary to complete final settlement.