We have been building homes of excellence for nearly 20 years in the DC Metropolitan Washington Area, with particular emphasis on luxury development projects in Northern Virginia and Montgomery County, Maryland. More recently, we have focused our work in Great Falls, McLean, Oakton, Fairfax Station, Clifton, and Alexandria.
The Company is particularly dedicated to a high standard of craftsmanship and attention to detail while ensuring an outstanding level of customer satisfaction. True to its mandate, Botero Homes has designed, built, and sold a number of homes that reflect every aspect of comfort, luxury, and attention to detail.
Why Choose Botero?
After the crisis, most prices of construction materials and services have gone down by 50% on average, except those related to oil. All these discounts are transferred by Botero to the client. You will be assured that you get the REAL cost + the management fee. In marble and ceramic we get a 70% savings. In foundations and framing 30%, and in plumbing and electrical fixtures 50%. All of these savings are passed to the client. No Exceptions! And we don’t play games!! For the first time since the 2008 crisis, we started 2013 with a price increase. We will monitor this trend carefully when preparing the budgets for our clients. We expect that the cost of materials will take about five years to be back at the high 2008 level.
Lowest Engagement Fee:
When you sign the contract with Botero, we only charge $5,000 for houses between 5,000 sqft and 10,000 sqft and $15,000 for houses above 10,000 sqft.
The money received from the client and the bank is managed in a completely independent bank account where the homeowners have access online and can monitor all transactions 24/7. Every month a report is delivered to the client with details of all expenditures for each item of the budget, showing the progress of the construction and the balances for every chapter. Accounting is open to the clients at any time and the invoices charged to Botero are the same used for the client accounting. The client may talk openly with every vendor about the prices charged or may suggest to Botero a particular vendor that will offer an even better price or promotion. The objective is to build the home at the lowest possible cost.
We developed a program by which the homeowners receive a daily report of activities taking place in the contruction of their home and a monthly accounting report with a budget control presentation. This, plus the bank’s online connection, will facilitate the process of monitoring by the client, making it more transparent than ever!
Assistance with the purchase of the lot:
Botero Homes has an associate who is a licensed realtor. We offer the client the service of finding, selecting and buying the lot.
A “Yes, we are glad to do it” attitude prevails everywhere in the Botero Homes Team. Each one gives the best of themselves, including overtime and holidays, to keep the client happy. The working environment in the Botero organization is pleasant and of constant activity about satisfying client needs.
(a) Five-time First Prize winner of the “Monument Award” as “Best of the Best” in Luxury Homes. (b) Four-time winner of the distinction by the U.S Commerce Association as “Best of Vienna” and now in 2013, “Best of Reston”. (c) Selected as Member of the “BUILD- PAC” for extraordinary dedication to the Home Building industry by the National Association of Home Builders. (d) Two “Best Feature” GALA awards. (e) Written testimonials from our homeowners.
The process of building the “client’s dream” has to be pleasant and happy. It is almost like a marriage between Builder and Client for more than one year. Botero’s mission is that at the end of the stressful process, we have a “friend for life”. If Mr. Botero finds at the initial process of plan design and budget preparation that there is no “empathy” between Builder and Client, he will respectfully decline to participate. We at Botero need to be happy and to take pleasure out of building your Home.
Every home is unique. Although the client may want us to follow the basic elements of a previous home or may request us to buy ready-plans, we devote hours to the process of customizing and adjusting the plans to the County Code. Mr. Botero himself, with a team of professionals in the architectural, construction and financial fields, works very closely with every step of the process of designing and drafting your home. The same team will be there in the field, supervising the construction process.
A budget is custom prepared for each home, side by side with the owner, to achieve the lowest possible cost and prevents you from having “surprises” later on.
The joint effort to achieve the lowest cost pays. Every time, with no exceptions, when we finish a home, the client finds that the value of the home in the market exceeds by $200,000 to $700,000 the cost spent in construction. This means you get “Instant Equity” because of simple market law: You got the house at real wholesale cost but you will sell it at retail. Presently, at times of market crisis, this is probably the only add-on equity you will get for the next 4 years. We build at lower cost than the price of the millions of houses in distress in the present post-crisis market.
Personalized Design Services
Nobody will charge you less than BOTERO for these services!
Some clients are too busy these days and would prefer not to participate in the daily process related to the construction phase. Botero Homes offers the following “Turn-Key Program”:
We employ the most advanced technology, custom-made to fit your budget:
Botero Implements Processes to Protect the Environment
We use a sustainable design to build homes in balance with nature while saving you money.
What Does Going Green Mean?
It means improving the way homes and construction sites use energy, water and materials to reduce the impact on health and the environment.
It consists of 5 major principles:
green-check Energy Savings
green-check Water Efficiency
green-check CO2 Emissions Reduction
green-check Improved Indoor Environmental Quality
green-check Resource Management and Sensitivity to Their Impacts
“Going Green Is A State Of Mind. We Actively Look For Opportunities To Go Green.” – O. Botero
What Does Botero Do?
green-checkWe use energy efficient construction techniques and products.
green-checkWe use environmentally preferred materials, products and processes.
We select renewable energy options and ENERGY STAR appliances.
green-checkWe carefully use waste reduction and recycling during construction.
green-checkWe use sustainable land development practices.
green-checkWe design air-tight houses using energy efficient doors, windows, insulation and highly efficient HVAC systems.
green-checkWe choose toilets and bath fixtures that are water-stingy.
Home Building Process
PHASE I: PRE-COSTRUCTION
1. Selecting and Buying the Lot.
2. If the lot requires a septic system and a well, there are some engineering
studies required and previous approvals from the Health Department.
3. Preliminary plans and Budget to submit to the Lending Bank.
4. Loan processing and approval.
5. Preparation of the entire package to obtain the approval and the permit by the County. That package includes, among other things:
- Complete architectural plans.
- Structural plans of the home.
- All engineering studies.
- Several documents and deposits by the owner.
PHASE II: PERMITTING
6. Permit by the Health Department
7. Permit by the County for Demolition and for Construction.
8. Permit by the Virginia Department of Transportation (VDOT).
9. Bank closing on the loan.
PHASE III: CONSTRUCTION
10. Demolition of existing structure.
11. Tree clearing and lot preparation.
12. Applying and Paying for the utilities connections.
17. Electrical, plumbing and HVAC
20. Priming for painting.
21. Trim and Interior carpentry
22. Doors and Windows
24. Cabinets and Vanities
25. Hardware for doors and cabinets
26. Final plumbing
27. Final HVAC
28. Exterior Veneer (Stucco, Stone or Brick), gutters and exterior drainage.
29. Finishing septic, well, utilities and connection to home.
30. Base paving
31. Final grading for land.
32. Exterior hardscaping (patios, decks, exterior stairs).
35. Detail cleaning
36. Landscaping and sprinkle system
PHASE IV: INSPECTIONS
37. Final Inspections
38. Processing the warranty
39. Occupancy permit.
Botero Homes and MVB Mortgage Seal an Alliance
Many years ago we met Mark Ferguson, a recognized leader in construction lending in Northern Virginia. Now that he is Builder Division Vice President specializing in Mortgage Loans with MVB Mortage, Botero Homes sealed an alliance for the benefit of our clients. The experience of working together has been excellent. During this partnership, we have refined the procedures to make the process more efficient.
The Loan: Once Botero introduces the client to the company’s Vice President of Mortgage Loans, Mr. Mark Ferguson, he takes care of guiding the client during the entire loan approval process. While complying with all the new regulations imposed on banks after the 2008 crisis, he makes it as simple and expeditious as possible.
Terms: The bank finances about 80% of the total cost of the project including the land acquisition. It is a 12 to 18 month construction loan. At the end of construction, the bank transforms the initial construction loan into a “permanent loan” over 20 to 30 years based on the need of the client. As Botero’s preferred lender, MVB provides the most competitive financing solutions for our clients.
The Building Process: The bank prepares a “Draw Schedule” to disburse the loan in tranches as the builder finishes every phase of construction. The bank sends an inspector that carefully verifies the construction stage. Once approved, the bank releases the draw to a particular bank account opened by Botero and the client. The last draw is conditioned to the county issuing the occupancy permit.
Requirements by the Bank: In order to formally process the loan, the bank requires that Botero send the construction contract and the architectural plans accompanied by the receipt of the initial deposit made by the client, which is 25%-35% of the cost of the construction, at the discretion of Botero Homes. For large projects of more than $2,000,000, Botero may accept the deposit to be paid in two installments: (1) the first installment of 50% when the construction contract is signed, and (2) the second 50% at the time of closing of the loan. The second part of the deposit is sometimes financed by the bank.
11325 Random Hills Rd
Fairfax VA 22030
Office: (571) 266-6485
Cell: (301) 674-5851
Specializing in Portfolio Lending with Construction to Permanent Products. Call me today for a Private Consultation to CREATE a loan tailored to you and your choices!
11150 Sunset Hills Rd, Suite 309,Reston, Va, 20190 USA
E-mail: [email protected]
Cell: (703) 371-0202
Fax: (571) 313-8542