Frequently Asked Questions

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Where does Sky Lake Construction build homes?

We are currently building in Hernando, Olive Branch, Nesbit, Southaven, and Walls in DeSoto County, Mississippi.

Does Sky Lake Construction have move-in-ready homes in DeSoto County?

Yes. You can see what’s available in each community by navigating to the community you’re interested in and viewing “Quick Move-Ins.” This will show you four featured homes and offer a link to view all our listed homes. You can also contact us directly by phone (662-429-9900) or submitting a Contact form.

What floor plans and home sizes does Sky Lake Construction offer?

We have over 100 floor plans available from 1,800 to over 2,400 square feet. Each community offers different plans and sizes.

How long does it take to build the home?

90-120 days from the start of construction.

Does the builder offer a warranty — what's covered?

Yes. Sky Lake Construction provides a 1-year builder’s warranty covering mechanical system failures, plumbing leaks, electrical failures, and faulty appliances, subject to the warranty’s terms and exclusions. Visit our Warranty page for coverage details, exclusions, and exceptions.

What deposit is required?

Earnest money is required within 24 hours of the signed contract or on the next business day if signed on a weekend. The amount is agreed upon in the contract but is typically around $2500.

Do I have to use the builder's preferred lender?

You do not have to use a preferred lender, but there are lenders who the builder may choose not to approve due to negative past experiences. View our list of Preferred Lenders.

Who pays closing costs, and how much are they?

Closing costs are based on the price of the home and other factors. Sky Lake Construction typically offers to pay 3% of the closing costs.

Can I build on my own land/lot?

Sky Lake Construction does not build on personal lots/land.

Is new construction "worth it" vs. buying resale?

The benefits of new construction is that there is no wear-and-tear on the home by previous owners. Warranties are available on all the appliances and the builder offers a 1-year warranty. And if you do a presale, you get to choose the finishes of the home before the home is built versus having to redo features in a pre-owned home.

What happens during construction — site visits, walkthroughs, updates?

During construction, SLC will handle all city inspections and oversee the building of your home. A few weeks before your closing, a builder walk will be scheduled for you and your agent to attend where a superintendent will walk through your home and mark anything you'd like addressed in the home and tell you about features within the home. Sky Lake will also let you know around the same time when it is time for you to get an inspection, if you choose to do that.

Do I need a real estate agent?

When buying a SLC home, you must use a realtor. You can either work with an external realtor or one of our listing agents at Sky Lake Realty will be happy to assist you. The homebuying process is multi-faceted and an agent is helpful as they walk through the process.

Does the builder pay agent commission?

Yes, the builder will pay the realtor a commission based on the terms agreed upon the contract on the sale of the home.

Is it cheaper to buy move-in-ready/spec vs. building from scratch?

We price our homes by the square feet and the lot price of the community you choose to live in. Regardless if you buy a move-in ready or build from the ground up, the price of the home remains the same. The only time the price increases is if you choose upgrades while building from the ground up.

Do new homes come with appliances?

All of our homes come with a sink, garbage disposal, microwave, dishwasher, and range. Refrigerators and washers and dryers are not included.

What if I have an existing home to sell first?

This is a decision you will need to make with the help of a lender and realtor. If your current home is scheduled to close in the near future, you can write a contract on a new home with a contingency on the sale of your home.

What happens if I change my mind on my finishes after making my selections?

Selections made at your visit to the home center are final.

Is an inspection needed on a new construction home?

The city requires an inspection at various points during the building process. It is always a good idea though for a buyer to get their own inspection after all the work is complete - which is about 2-3 weeks prior to the closing date. A SLC representative will reach out to your agent to let them know when the work is complete and an inspection can be ordered.

What's the difference between a presale and a spec/move-in-ready home?

A presale is when you choose a lot within a community and then choose the floor plan best for you. Then, the house is built from the ground up, taking typically 90-120 days. A move-in-ready home is a home that is already finished. It can typically be moved into within 15-45 days depending on financing and your lender.

When is the appraisal done?

An appraisal is ordered by your lender close to the closing date and is part of the fees you pay when you close on your loan.