Frequently Asked Questions
How does the property approval and construction process work?
After the lot purchase is completed, we begin the project and construction approval process with the County.
At this stage, the initial building permit fees are paid. Approval typically takes around 30 days, although in some cases it may be granted in as little as one day, depending on the documentation submitted.
Once the permit is approved, we conduct the lot analysis and begin the home’s foundation, following the project previously approved by the investor.
Each phase of construction undergoes mandatory inspections required by the County to ensure full compliance with local building codes and regulations.
Upon completion of construction, the required Impact Fees are paid, and a final inspection is performed.
After final approval, the property receives the Certificate of Occupancy (CO) — the official document authorizing legal occupancy of the home.
What documents are required to approve the lot and begin construction of the house?
The process is divided into three main stages: Lot Acquisition, Construction Approval, and Property Sale.
1. Lot Acquisition
Copy of a valid identification document (passport).
Execution of the Lot Purchase Agreement.
Possible proof of funds required prior to closing.
Payment of the lot deposit.
Signing of the closing documents.
Final payment of the lot purchase price.
2. Construction Approval
Execution of the Construction Agreement with Martins Development LLC.
Submission of the Warranty Deed (property deed) to request approvals and permits from the local association, if applicable.
Signing of the Notice of Commencement (NOC), the document that officially notifies the County of the start of construction.
3. Property Sale
Execution of the Property Sale Agreement.
Signing of the closing documents prepared by the Title Company (the company responsible for processing and finalizing the transaction).
Submission of wiring instructions for the transfer of sale proceeds.
Is the property purchased under the investor’s name? What contracts need to be signed?
Yes. The property is acquired in the investor’s name.
In addition to the Construction Agreement with Martins Development, the investor must also sign:
The Lot Purchase Agreement;
The Property Sale Agreement at the completion of the project.
What are the stages of the home approval and construction process, and what is the timeline for each phase?
The construction process is divided into five main stages, with average timeframes between each phase:
Initial Deposit – Up to 4 weeks between the deposit payment and the start of the first construction phase.
Phase 1 of Construction – Approximately 3 weeks.
Phase 2 of Construction – Approximately 6 weeks.
Phase 3 of Construction – Approximately 3 weeks.
Final Payment – Made after the issuance of the Certificate of Occupancy (CO).
Are there any additional costs beyond the price of the lot and construction? Is the construction price fixed?
The construction price is fixed; however, additional costs may arise in exceptional situations, such as:
Changes to the home layout or upgrades in selected finishes (flooring, windows, faucets, wall coverings, etc.);
Lots located in areas with additional utility connection costs (such as those serviced by Duke Energy or TOHO Water);
Electrical adjustments identified during the utility company’s technical review, which are confirmed only after their engineering analysis.
The Construction Agreement with Martins Development includes a standard electrical allowance of $881.00.
If the utility company’s technical assessment requires a higher amount, the difference will be the investor’s responsibility.
The highest additional electrical cost recorded to date has been $1,500.00, which is considered rare.
If you’d like, I can refine this further to make it more investor-confidence oriented, emphasizing cost transparency and risk control.
How and when are construction payments made?
Here is the professional English version, optimized for clarity and investor transparency:
After the contract is signed, an initial deposit invoice (amount defined in the agreement) is issued to initiate the documentation process and construction permits.
The remaining payments are made according to the progress of each construction phase, following the schedule outlined in the contract.
Important: Each phase can only begin once the corresponding payment has been received in full.
If payment is not completed, construction will be paused, which may result in delays to the final delivery timeline of the home.
Who is the technical professional responsible for the project and construction approval?
Martins Development LLC is the technical entity responsible for the full preparation, coordination, and approval of the project with the appropriate regulatory authorities.
Who is responsible for any potential issues after project delivery, and what is the warranty period?
Martins Development LLC is responsible for post-construction support and service.
Warranty periods follow standard U.S. construction guidelines:
1 Year – Workmanship warranty (covering issues resulting from construction execution).
Equipment and Appliances – Covered under the manufacturer’s warranty.
10 Years – Structural warranty for the property.
How does the property sales process work, and what fees and commissions are involved?
Property sales are conducted through the online platforms used by our real estate agents, including MLS, Zillow, Realtor.com, Homesnap, Trulia, and other specialized listing websites.
Typical fees are as follows:
3% – Commission for the agent representing the investor (listing agent);
3% – Commission for the agent representing the buyer;
2% – Title Company fee (the company responsible for processing and closing the transaction).
All fees are paid by the investor.
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