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Once you've secured a lot for new construction, the sales office will schedule a visit for you to sign the contract, during which you'll need to provide an earnest deposit check. The deposit amount varies by Builder, often being lower if using a VA loan, and is based on the Builder's requirements rather than the home price. The sales office will prepare and explain the contract package before sending it to the Builder’s corporate staff for execution, which can take from a few days to a week and a half. Once the contract is signed, the house is allocated to you, ensuring it won't be sold to someone else. Celebrating this milestone is common, often with a photo taken at the lot.
