2015 Home Buyers Guide

2015 Home Buyers Guide Courtesy of Tamanna Concept Ltd. www.tamanna.ca TABLE OF CONTENT Item Page # Welcome Message 1 Goals, Core values & Strengths 1 Making the right Decision 2 & 3 Planning your new home 3 & 4 Why YOU should hire Tamanna? 5 POST HIRE: Construction Steps 6 & 7 ADDITIONAL SERVICES: Project management 8 & 9 FAQ & Contact 10 0

Welcome and Congratulations on taking a huge step in building a brand new home of your own. Tamanna Concept Ltd. services the Greater Vancouver Region as General Contractors who specialize in new construction, renovations, project management, creative designs, luxury homes and much more. Our range of work consists of everything from small home repairs to all out DESIGN and BUILD for new construction and renovations. We are a leading and innovative construction company that specializes in many different areas of construction. Our goal is to be the best value construction contractors in Vancouver. Our core values start with people and families, because this is what makes up our community. o o o o o We believe in people, we believe in family. We believe in making a positive impact on each one of our client s lives by providing professional service built on a foundation of honesty and integrity. We believe that we are only in business because we create real value on all our projects. Each construction and renovation comes with a lot of responsibility and we understand this. We are entrusted with your family savings so and we take this very seriously. Each new construction or renovation is important to us but the happiness of our clients is paramount. At Tamanna we not only choose to build/renovate homes; we build positive relationships. We have a proven track record of building quality homes and have been wowing our clients for over 10 years and can provide you with a list of completed homes at your request. We are proficient in building custom homes which is a nice and rather distinct from building cookie cutter homes. Custom homes typically have complicated floor layouts, complex roofs, and use higher end materials that frequently necessitate training and expertise for proper installation. As a building contractor we demonstrate good project management skills and are methodical with our planning and construction. Building a custom home is an expensive endeavor and you can rest assured that we can be trusted with your money to build your custom home to industry and legal specifications. All our custom home building projects are well documented. Documents include a bid proposal with accompanying architectural drawings of the home to be constructed. Our bid proposal clearly state all project costs, as well as a detailed time-line for work to be started and completed. Payment terms and schedules are also included. The bid also specifies all material types. Our key strengths include: RELIABILITY: WE ARE PROFESSIONAL CONTRACTORS FULL TRANSPARENCY: ITEMIZED PRICING THAT BREAKS DOWN COSTS IN A DETAILED REPORT CREATIVE DESIGNS FOR YOUR SPACE OUR 3D PROJECT DESIGN SERVICE WILL HELP YOU VISUALIZE YOUR PROJECT BEFORE IT'S BUILT OUR DESIGN DRIVEN APPROACH GIVES YOU FULL CONTROL OVER THE PROJECT DESIGN AND COST BEFORE CONSTRUCTION STARTS Planning is essential to a smooth worry free project. We have spent many years developing a step by step Design + Build planning process that covers every aspect of your project, from the contractor walk through to the final inspection. Our planning services include: ARCHITECTURAL REQUIREMENTS DESIGN ELEMENTS CONSTRUCTION FIELD PROJECT MANAGEMENT CITY PERMITS & INSPECTIONS Our expert trade s people have been in the Vancouver construction market for many years. If you are building or renovating in Vancouver we want to be your contractor of choice. Whatever your building or renovation needs, we get it right the first time. What matters are your dreams that Tamanna will work towards to bring them to reality. 1

Start a binder to catalogue ideas from varying resources on floor plans, photos of homes, decorating ideas, building materials, etc., and this will give you a good place to keep everything organized and in one place. Plus, you'll be able to carry the binder with you out in the field and write notes as you start exploring possibilities. Write down any questions you might have so you'll remember to ask us. DECISIONS, TESTS AND BARRIERS: The decision to build a new home is different for almost everyone. For some folks it's about a growing family that the current home doesn't support. For others their nest is empty and the large home is no longer needed and a smaller home with more features is attractive. Some people want new homes because they can't find what they want in an existing home and for others, they build to be closer to their job and/or further away. Building a new home takes planning. It will test you at many points in the process. You may even be challenged with barriers you'll have to overcome and we are confident this guide will help you achieve your Dream Home. EXISTING HOME OR NEW HOME? The eight benefits below might help you decide which direction you wish to proceed (or CALL US): 1. I want it my way. When a new home is built by Tamanna, you get to call many of the shots. From choosing the lot, the colours, the materials, the amenities and the fixtures, you'll end up with a new home that reflects your personality and taste. 2. Reflect the latest trends. When Tamanna builds your new home you're going to design floor plans that reflect the latest trends. Resale homes won't reflect today's trends because they were built when other trends were popular. So if you're looking for a gourmet kitchen, luxurious bathrooms, theatre room and extensive wiring and outlets for all your electronic needs, new is the way to go. 3. Low to no maintenance. With a brand new home build by Tamanna you get rooms decorated exactly the way you want, along with other features that eliminate the need for time-consuming and costly home improvement projects later on. Today's families seek more quality time, and minimizing the amount of work needed after move-in frees up time that can be spent having fun together instead. 4. Better at conserving energy. New homes build by Tamanna are better insulated and utilize energy-efficient products and materials. Resale homes probably won't have many of these energy-saving features that significantly lower energy costs. 5. Free of environmental dangers. Many older homes were made with materials that today are highly regulated and, in many cases, are no longer acceptable for residential building. Asbestos and lead paint are a couple of good examples of dangerous chemicals that will NOT be found in new homes constructed by Tamanna. 6. More Light. Light is a natural energy booster and with a new home constructed by Tamanna you can have skylights, taller windows, transoms, sun rooms, etc. It's up to you. 7. Tax Benefits. When you own a home, you can deduct two amounts from your income tax worksheet. You can deduct the amount of interest you paid on your mortgage payments, which for the first many years on a mortgage is typically more than you paid 2

towards the principle. Plus, you can deduct the full amount of your property tax payments. Every year, your mortgage company will mail you a statement that includes these two deductible figures. These figures are then used to reduce the amount of income for which you are required to pay taxes. It's not unreasonable to pay several thousands of dollars in mortgage interest throughout the year. And this can all be deducted. Property taxes are high in many localities and this deduction can also add up to several thousand dollars. 8. No Annual Rent Increases. When you rent an apartment or home it's not uncommon for the rent to increase each time a lease is up for renewal. The landlord, as the actual property owner or caretaker, is free to change the terms of the lease each time it is renewed. When you own a home, you know exactly how much your monthly payments will be for the entire length of the mortgage. The payments are calculated for each month and are based on the type of mortgage that was approved. There are fixed rate mortgages, where the same amount is paid every month. CONCLUSION: Focus on your dream. Picture yourself comfortable in your new home with your loved ones. Ignore Negativity - People always have advice for others, and are more than willing to give it whether you asked for it or not. Especially your friends and loved ones, and especially when it comes to a home. The important thing to remember about advice is that you don't have to take it. If, after careful consideration, you decide the advice serves no positive purpose for you and your goals, then ignore it. And it's really that easy. PLANNING: Now it's time to start planning for your home. It's important to get your financial situation in order and get pre-qualified for a mortgage so you understand how much home you can afford. How Tamanna build homes (Custom Home Builders): Custom home-builders build one-of-a-kind homes unique to your needs and lifestyle. We offer professional design service. We are called design/build custom builders and this means that we have a home designer that creates a customized plan based on your specifications. A custom home can be big or small, and range in pricing according to the final design. If you work closely with Tamanna and are somewhat flexible, you can usually stay within your allowance. But you always have the option to upgrade to premium choices if your budget allows. We will build on your lot/land of choice and are proficient in building; Single-family homes Town homes Coach homes Condos and more. We also specialize in energy-efficient green homes. If you have a particular style you're interested in, let us know and we will work towards that. COLLECTING IDEA S: The best way to start collecting ideas is to explore the Web and/or home magazines, and drive around areas you're interested in. Clip or print out photographs of homes that appeal to your taste. Take photographs of homes that appeal to you when out driving. As you collect images, place them in your binder. I encourage everyone that will be living in the home to participate. Home Shape and Size: Something else to consider is the shape and size of your new home. So how do you determine the best size and shape for your home? Well, it should be large enough to accommodate you now and in the future. But it can't be so large that the size busts your budget. 3

Other Considerations: DO YOU HAVE CHILDREN NOW? HOW MANY? WHAT ABOUT FUTURE CHILDREN AND/ OR GRANDCHILDREN? DO YOU WANT AN EXTRA-LARGE KITCHEN OR SUPER-SIZED OUTDOOR LIVING AREA? WHAT ABOUT BATHROOMS? NO MATTER HOW MANY EXIST, HOMES NEVER SEEM TO HAVE ENOUGH! o Then see how your "wants" compare with your budget. If you're over budget or you find you can't build as much as you'd like, start crossing out and modifying your list until it's just right. Assessing Needs and Wants: HOW MANY BEDROOMS DO YOU NEED? HOW MANY BATHROOMS DO YOU NEED? HOW BIG DOES THE MASTER BEDROOM NEED TO BE? HOW BIG DO THE OTHER BEDROOMS NEED TO BE? WHAT TYPE OF KITCHEN DO YOU NEED BASED ON YOUR LIFESTYLE? DO YOU WANT A SEPARATE FORMAL/GRAND LIVING? DO YOU NEED A SEPARATE LAUNDRY ROOM? DO YOU NEED A GUEST BEDROOM? DO YOU NEED A HOME OFFICE? HOW MUCH SPACE DO YOU NEED FOR STORAGE? DO YOU NEED A BASEMENT? AND DO YOU WANT IT FINISHED? HOW LARGE OF A GARAGE DO YOU NEED? WHAT OTHER ROOMS ARE IMPORTANT TO YOUR LIFESTYLE? WHAT TYPE OF OUTDOOR LIVING SPACE DO YOU NEED? PORCH, EXTERIOR KITCHEN, SCREENED ROOM, ETC.? AND WHAT ELSE COMES TO MIND FOR YOU? Now that you've collected all the data, let's makes some compromises. Making Compromises: Now go down the list and mark them according to the scale below: A MUST HAVE I WANT IT BAD MY DREAM NOT IN HUNDRED YEARS Chances are you will have to compromise based on the amount you can or want to spend on your new home. 4

WHY SHOULD YOU HIRE TAMANNA? Choosing the right builder is an extremely important decision you'll need to make and here are a few reasons why we are confident we are the best. 1. Experience and Quality. We live, eat and sleep the following; Client experience and quality. 2. Professionalism. Our core values are integrity and honesty and we love meeting and interacting with our clients whilst focusing on managing all job related tasks and priorities with efficient time management. 3. Background check. We invite you to visit our website as well as check with the Better Business Bureau and Home Protection Office to confirm our impeccable reputation. We also encourage you to check your local building department to confirm our licenses are current as well as our solid reputation. Tamanna has perfect credit with our suppliers in getting the labor and materials your dream home needs to stay on schedule. 4. Evaluate design, technological and creative capabilities. As your contractor, Tamanna will fully understand the look you're trying to achieve. We will offer appropriate suggestions you may not have considered. Selecting a Builder and Contracts: Our contracts are a legally binding contract between Tamanna and the client and here are a few peace of mind pieces for you to consider when hiring us: TAMANNA IS REGISTERED WITH THE BC WORKER'S COMPENSATION INSURANCE FOR OUR EMPLOYEES. TAMANNA CONCEPT IS LICENSED UNDER THE HOME OWNER PROTECTION BRANCH (HPO). WE ARE A MEMBER OF NATIONAL HOME WARRANTY. NEW HOME WARRANTY IS PROVIDED THROUGH NATIONAL HOME WARRANTY WW.NATIONALHOMEWARRANTY.COM. WE CARRY AND PROVIDE PROOF OF LIABILITY INSURANCE COVERING PROPERTY DAMAGE AND PERSONAL CLAIMS UP TO $2 MILLION DOLLARS ON EACH PROJECT. WE PROVIDE COURSE OF CONSTRUCTION INSURANCE ON EACH PROJECT FOR TOTAL REPLACEMENT COST OF PROJECT. WE ARE REGISTERED BUILDER WITH THE GREATER VANCOUVER HOME BUILDERS ASSOCIATION http://www.gvhba.org UNDER TAMANNA CONCEPT LTD. Conclusion: Building a home is one of the most exciting, satisfying and ultimately important experiences life can offer. Just imagine what your life would be like in a home you've always dreamed about. No doubt, getting started is often the hardest part and we appreciate the opportunity to be a part of your dream. 5

STEPS INVOLVED IN CONSTRUCTING A HOME Step 1 Pre-construction SOIL TEST SURVEY ARCHITECTURAL DRAWINGS FINAL DRAWINGS ARE SUBMITTED TO THE CITY FOR APPROVAL GETTING ALL THE PERMITS FOR ELECTRICAL, PLUMBING, BUILDING, SEWER CONNECTION, ETC. Step 2 Construction Begins REMOVAL OF OLD HOUSE IF EXISTS PREPARING THE LAND EXCAVATION FOOTING FRAMED AND POURED WITH CONCRETE WATER LINE ELECTRICITY TELEPHONE AND CABLE SERVICES OPEN FORMS ON FOUNDATION WALLS FOUNDATION WALLS ARE DAMP-PROOFED DRAIN TILES AROUND THE HOUSE CITY INSPECTION BEFORE BACKFILLING YOU'LL BE ASKED TO DECIDE ON FLOORING, TILES, CABINETS AND SO ON TO PREVENT DELAYS Step 3 Framing EXTERIOR WALLS INTERIOR WALLS ROOF TRUSSES WINDOWS DOORS BASEMENT FLOOR IS POURED WITH CONCRETE ELECTRICAL AND PLUMBING ROUGH-IN DUCTING, HEATING, COOLING, VENTILATIONS ETC. STRUCTURAL INSPECTION ELECTRICAL AND PLUMBING INSPECTION LOCK UP STAGE Step 4 Interior and Exterior EXTERIOR WALLS AND ROOF INSULATION INSPECTION BEFORE DRYWALL HEATING AND COOLING INSTALLATION FIREPLACES TUBS, SHOWER BASE, JACUZZI DRYWALL INSTALLATION FIRST COAT OF PRIME PAINT TILES ARE LAID KITCHEN, BATHROOM CABINETS PLUMBING AND ELECTRICAL FIXTURES INSTALLED FINISHER INSTALLS TRIMS AND HANG DOORS OUTSIDE SIDING/STUCCO IS APPLIED LOT GRADING IS DONE DRIVEWAYS AND WALKWAYS ARE INSTALLED SEVERAL CITY INSPECTIONS 6

Step 5 Final Phase ELECTRICAL, PLUMBING FINAL INSTALLATIONS LANDSCAPING IS FINISHED EXTERIOR FENCING INSTALLED PAINT FINAL COAT FINISHING TOUCHES TO KITCHEN, BATHROOMS, ORGANIZERS ETC. HARDWOOD FLOORING/CARPET INSTALLATION BASEBOARDS ANY LAST MINUTE TOUCH-UPS DAY OF POSSESSION AND KEYS HAD OVER TO YOU 7

SERVICES Project Management: We would like to make the process of building a brand new home as smooth as possible for you. By using our project management service you won't have worry about finding reliable trades, trying to organize the trades and making sure all work is completed in a timely manner and according to the building regulations of the City. We work very closely with every client at each stage to ensure your satisfaction. Project Management Service includes: APPOINTMENT WITH OUR ARCHITECT A COMPETITIVE QUOTATION FOR ALL THE WORK SURVEY OF THE LOT BY A QUALIFIED SURVEYOR CLEANING AND EXCAVATION ORDERING UTILITIES, TEMPORARY ELECTRIC SERVICE ORDERING PORTABLE TOILETS INSTALLING FOOTINGS AND POURING WALLS & INSPECTIONS FOUNDATIONS WATERPROOFED EXTERIOR WALLS AND BACKFILLED WITH DIRT FRAMING ROOFING WINDOWS BASEMENT PLUMBING ROUGH - INS & INSPECTIONS PLUMBING, HEATING/AIR CONDITIONING SECURITY/LOW VOLTAGE ROUGH INS POURING FLOORS AFTER HEATING HRV ROUGH INS ELECTRICAL ROUGH INS INSTALLING INSULATION DRYWALL PRIMING WALLS FINISHER HANGING DOORS INSTALLING MOULDINGS PAINTER APPLYING DOOR PAINT AND MOULDING PAINT INTERIOR TRIMS AND CABINETS TRIM AND CLOSET SHELVES EXTERIOR FINISHING GUTTERS AND DOWN PIPES PAINTING WALLS TILE FLOORING CLOSET SHELVES CABINETS, VANITIES, KITCHEN AND WASHROOM CABINETS INSTALLATIONS PLUMBER FIXTURES INSTALLATION LIGHTING FIXTURE INSTALLATION AND FINAL TOUCHES SECURITY INSTALLATION RAILINGS FINAL PAINTING INSTALLING CARPET INSTALLING HARDWOOD TOUCH - UP'S CLEAN - UP'S DRIVEWAYS / WALKWAYS LANDSCAPING FINAL INSPECTIONS Services Cont d on next page; 8

Other Services: We've been in this industry over 10 years and our experience/workmanship in this industry has given us great reputation for quality workmanship. Being a custom home builder it allows us to be 100% involved in every project we take on, and ensure your satisfaction. We combine the latest trends, styles, products to bring the best in your house. At Tamanna we provide service in number of areas including: NEW CONSTRUCTION RENOVATIONS PROJECT MANAGEMENT CREATIVE DESIGNS LUXURY HOMES LANE AWAY HOMES (COACH HOUSE) ARCHITECTURAL DESIGNS ENGINEERING MULTI-FAMILY PROJECTS COMMERCIAL PROJECTS 9

FAQ Frequently Asked Questions: Frequently Asked Questions about Building a New Home... How to ensure that you've chosen the right home builder? Make sure you talk to a few home builders and check out each company and the quality of the homes they've build in the past. 1. How long does it take to build a home? Every home is unique and as such project timelines vary as well. Depending on the size and uniqueness of your house it can take anywhere from 6 months + form the day of excavation. 2. Can I visit the construction site to watch the progress of my home? Your home taking shape step by step can be very exciting. You are more than welcome to come visit the construction site with an appointment. Keep in mind that, for safety reasons, you should not enter the construction site for an unscheduled visit. 4. Can there be delay in finishing my home? We are as eager as you and strive to complete your home on time however on occasion; there have been delays due to unforeseen circumstances. 5. What kind of products will we use? We only use products that have good reputation. We use brand name products to ensure that the quality of the product has not been compromised whilst adding value to your home. Using brand name products ensures you of you know what you're getting. 6. Do you get any warranty and for how long? We provide warranty on all homes to protect you against anything. We give National Home Warranty on all new homes of 2-5-10 years. CONTACT US: Mr. Tariq Malik Mrs. Afsana Malik Office: 1010 West 57 th Ave. Vancouver, BC.V6P 1S5 Office: 1010 West 57 th Ave. Vancouver, BC.V6P 1S5 Cell: 604.218.6036 Cell: 604.889.6035 Email: tariq@tamanna.ca tariq@sutton.com Email: afsana@tamanna.ca 10