Are you buying a new construction home? If so, follow these seven tips.
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If you’ve been thinking of buying a new construction property, there are certain things you need to do to ensure that your transition goes smoothly. Here are seven such tips:
1. Choose a reputable developer. The builder behind your new home should be one with good standing in your community. Online reviews are a great resource for learning more about what to expect from a given developer.
2. Be “add-on aware.” The potential for customization is appealing to many buyers, but not everyone realizes how quickly the expenses of these add-ons can add up. Not only that, but builders will also sometimes automatically opt you in to add-ons you didn’t want or know you had agreed to, so make sure you and your Realtor check over your contract very carefully before moving forward.
3. Stay involved with the building process. Keeping abreast with developments being made toward the completion of your new home will help you avoid unpleasant surprises.
Builders will sometimes automatically opt you in to add-ons you didn’t want or know you had agreed to, so make sure you and your Realtor check over your contract very carefully before moving forward.
4. Learn the neighborhood and meet your new neighbors. While your home is being built, take the time to get familiar with your new surroundings and the people you’ll be living near.
5. Be flexible with deadlines. Setbacks are inevitable when new construction homes are being built, so don’t be surprised when something goes wrong. Hopefully, any issues you encounter will be relatively minor, but there is always a chance that your move-in date could be delayed. Therefore, having somewhere lined up where you can stay in the meantime is always a good idea.
6. Plan a walkthrough. Checking up on the progress of your new construction home by physically visiting the site will help you identify any potential problems before they get out of hand. Ask your agent what to look for before you attend such a visit.
7. Look into new home warranties. Home warranty coverage is something you never hope to have to use, but that can be invaluable if the need does arise.
If you have any other questions or would like more information, feel free to give me a call or send me an email. I look forward to hearing from you soon.