5 Tips For Buying A New Construction Home.

New HomeBuying a new construction home is a much different process than buying a pre-owned home. Familiarizing yourself with what to look for will help you navigate the process with confidence.

1. Use a real estate professional 

Real estate agents offer their expertise with reviewing a builder’s paperwork to ensure your best interest is met and will interpret the contract for the you. A real estate agent will also help locate a community and floor plan that fits your lifestyle needs.

2. Choosing the right builder 

Aside from reading online reviews, there are a couple questions you can ask or research to qualify a builder. Having a strong financial history for at least three years is recommended as well as providing a 10 year insurance-backed structural warranty on the homes they build.

3. Negotiations

Most builders, not all, have established set prices for the homes they build and are not as likely to negotiate the sales price. However, see if your builder is willing to offer upgrades to the home such as landscaping, window coverings or granite countertops as part of your purchase agreement.

4. Use a home inspector

While this is a newly built home, having an inspector walk through the house could help in addressing any problems before closing.

5. Get it in writing

It’s important to understand and keep copies of the purchase agreement and all other documents that are exchanged between you and the builder. If anything arises after the closing, the paper trail you maintain will help keep you protected.

6 Responses to “5 Tips For Buying A New Construction Home.”

  1. Buying NJ Homes

    Before buying a new house you always consider the area of the house if it is very accessible to markets, stores, highways and hospitals. That is what I learned being a Real Estate agent. It is best if you hire real estate agent because they will be the one to process all the necessary actions.

    Reply
  2. Plumbing Livermore

    Negotiations will be help full because you have your own budget for a house and the builder will give his own estimation.

    Reply
  3. Jeson Tailor

    The tips which you have shared are very important and we should always think about this before buying new property and I would also like to share more first time home buyers tips

    Reply
  4. John Decker

    This is a great article with a lot of different tips for home improvement. This fall I will be renovating my beach house. It got beat up pretty bad from a storm this summer. The biggest issue is my roof. There are some minor holes I need to take care of because I am afraid there are leaks. I did not know what route to take for leak detection so I have been asking around. I found a few options where they use digital photo services. I have never heard of this method but I am excited to try it. I know the process is going to take awhile but I am willing to wait because leaks can be a serious problems.

    Reply
  5. reviewsonyourestate

    Great post here! Brief but informational.
    I just want to add another tip I’ve learned from McGrath real estate agents, when you’re looking for a real estate professional, it will be good to consult one that most local residents trust.

    Reply

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