Medici Homes - Your Location

Medici's Home on Your Chosen Lot

Medici is now able to build your favorite home (9 styles in all) in a single family home format on a lot and city of your choice.  You pick the home, we’ll find the lot, we’ll set up the financing and we’ll build you a new single family home.   Better yet, there’s no need to sell your existing house before you start building.  We also have a private homeowner association program so you have all the services you would expect in a typical townhome homeowner’s association at an affordable price.

Please read on to see what you can expect when Medici builds your new single family home.

Finding Your Lot

Sit Back While We Find You a Lot
Medici has created relationship with a network of brokers throughout the Twin Cities to find you the lot of your choice.  All you need to do is tell us your lot preferences regarding City, lot size and lot price range.  As we locate potential lots, we will present them to you by email or fax so that you may visit each lot to rank them in order of preference.

Next Steps
Follow these next steps that we can begin looking for the lot of your choice:   

• Lot Preference List
• Complete Representation Paperwork
• Preliminary Approval
• Finding Your Lot
• Lot Presentation 
• Lot Contract 

Home Financing

Reliable Home Financing Made Easy
Medici has created an alliance with the nations #1 new construction Lender, Wells Fargo Home Mortgage, to finance the construction of your home through.   Wells Fargo’s Construction/Perm Advantage program is specialized financing that includes an interim loan for the building phase and a permanent home mortgage for your completed home.  With just one application, one approval, and one appraisal Wells Fargo will finance the land, close on your construction loan and secure a permanent home mortgage.  Better yet, there is no need to sell your existing home before you start building as long as you qualify.

Next Steps
Follow these next steps to coordinate the financing of your home:   

• Preliminary Approval
• Loan Application
• Loan Approval
• Construction Closing

Home Design

Select Your Favorite Home
Medici now has 9 home styles to choose from to build in a single family format.  Of the 9 homes, 3 of our homes can be toured at our model home park at The Villas at River’s Edge in Rogers, in a multifamily format.  Once you select your desired home, Medici’s architect will modify our multifamily design to accommodate modifications to a single family design.   

Select Your Favorite Home Features
Medici’s homes include many features that would typically cost additional in many homes built by other builders.  However, Medici does offer many special options since we realize all homeowners have different tastes and expect reasonable choices.  Medici will meet with you at Medici’s selections center to choose all of your homes included and optional features.

Next Steps
Follow these next steps to finalize your home design:   

• Select Your Favorite Home
• Select Your Favorite Home Features
• Selection Paperwork
• Architectural Design

Construction Costs

Your home’s Variable Costs include:

• City fees and building permit fees above an allowance.
• Foundation excavation, grading and site work above an allowance.
• Special work on foundation as required by City ordinances (i.e. sump pump, drain tile, etc.)
• Special work as required by City ordinances that would not be typically included with your home (i.e. fire sprinklers, air-to-air exchanger, etc.)
• Driveway work above an allowance.
• Landscaping, sod and irrigation above an allowance.
• Special small utility costs (gas, electric, phone & cable).
• Architectural fees above an allowance.
• Basement and associated costs if selected.
• Private well and septic costs.

Next Steps
The following steps will allow us to finalize your home construction costs:   

• Select Your Favorite Home and Home Features
• Identify your lot and put it under contract.  Medici will try to determine certain Variable Costs unique to that lot or City which might affect the decision to purchase.
• Medici will put together a complete construction budget to include all costs associated with your home.  A form of this construction budget will also be submitted and used by the bank during construction.

Private Homeowners Association

The Chores are Done For You
Although you are not officially part of a homeowner’s association, Medici has created a Private Homeowner Association especially for you.  Whether it’s your day off, you’re traveling for the winter or when your just doing the things you enjoy doing, Medici realizes the last thing you want to worry about are home chores.  That is why to make your life more carefree Medici has created economical relationship with reliable maintenance companies to help maintain your home and grounds.

Your Private Home Association will include the following:

• Snow Removal
• Lawn Care
• Bush Pruning
• Fall Cleanup
• Irrigation Care
• Rubbish Pickup (if not taken care of by your City)
• Exterior Home Maintenance (by request only)
• Interior Maintenance (by request only)
• Homeowner’s Insurance (by request only)

Next Steps
The following steps will allow us to finalize your Private Homeowner Association needs:   

• Identify Services 
• Schedule Services

Building Your Home

One Remarkable Experience
Building your home should be one life’s most rewarding experience.  After many years of building homes Medici makes sure your experience is a remarkable one.  Throughout the process you will be involved and kept up do date every step of the way.  Of course there are other steps involved prior to building your home, but you can expect the following service when building your home with Medici.

• Home Selection
• Home Option Meeting
• Home Design
• Pre-Construction Orientation
• Breaking Ground
• Pre-Drywall Orientation
• Pre-Occupancy Orientation
• Weekly Updates Online
• Move-In - Welcome to your Brand New Home and Carefree Lifestyle!
• Quality Assurance Program - Even after you move in, you can expect the following:
  • 45 Day After Move In Review
  • 1-Year After Move In Review
  • 3rd Party Quality Assurance Surveys