5.99% interest rate available for move-in ready homes in Owl Creek!

Frequently Asked Questions

Frequently Asked Questions

What is the Priority List?

Riverwood Homes has a Priority List that ensures that you are updated as soon as we have new opportunities. When our builder begins to release lots for reservation, or a SPEC home becomes available, we will reach out to the customers on our Priority List on a first come first serve basis. In order to be added to our Priority List, we require that you meet with a 

What is required to reserve a lot?

We require a deposit that is community specific to reserve a lot. The deposit will apply towards your contract deposit when it is time for the contract. This is for the purpose of securing your spot when it is time to begin construction on homes. For more information on deposit amounts, please contact us.

How long does it take between reserving a lot and going to contract?

That depends! We strive to keep it within a couple of months but could take a little longer depending on the completion of the development and the approval from the City to start the construction phase.

What happens at the contract stage?

You will be notified by your Realtor to select your plan and this is when pricing is set for your new house. The contract requires a deposit dependent on community and lot which will be credited back to you and will apply towards your purchase at the completion and closing of your new home. For more information on deposit amount, please contact us.

How long does it usually take a build?

On average, it can take anywhere from 4-6 months from contract to completion depending on your plan. However, that all depends on product availability and any unforeseen delays. 

When should I apply for a loan?

At the contract stage- we have a preferred lender, and you will need to start the process of securing a loan just as soon as you have a contract to purchase your home.

Do I get to design my home?

Yes! Riverwood Homes has an on-staff designer that you will get to meet with after contract at our Design Studio to select all of your options.

How do I get more information?

For more information, please contact our New Home Specialist, Matthew, at 479-235-4310, or matthewk@riverwoodhomesnwa.com.

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Courtyards at Owl Creek model home open daily between 1-4 pm!