The necessary activities in the real estate development process can be difficult and time-consuming; success depends upon experience, knowledge of what is required, how the system works and good relationships with those involved in the process.
The twelve basic phases of the development process are:
- Feasibility evaluation
- Site selection and acquisition
- Due diligence
- Preliminary design
- Final design
- Preliminary financing
- Final financing
Each phase contains important tasks for the process to advance smoothly. Neglecting any phase of the process may result in costly time-delays or even worse, failure to build the project.
Overland Development's experience is invaluable, we have been through the development process numerous times and can save a client thousands of dollars and avoid costly delays. Contact Overland Development today to learn more about our process and how we can help you at (801) 355-1111 or by e-mail at firstname.lastname@example.org.