1. Hire an Agent
Make sure that your agent is not associated with the builder in any way. Remember, an agent will have your best interests in mind. From advising you on how to lay down an offer to the builder and other selections that will play a significant role if ever you want your home for resale.
He or she will do the following three inspections: foundation, pre-dry wall, and a final inspection. These inspections are important because there is a huge probability that the agent will notice something that the builder missed. Seeking the help of a knowledgeable professional who regularly deals with builders and knows the local communities by heart will save you time and money. Besides, it will cost you nothing as a buyer to be represented by an agent since it is typically the new home construction seller who pays for the commission.
2. Research the prospects when buying new home construction
Find a neighborhood with several new homes and drive by. Check out the quality and style you like best. You can research online and check the proper listings of new home constructions. Be inquisitive of the local reviews, public records, and feedback. You can also interview a few friends and ask for references. Once you get their names, check out their websites and social media pages for information, photos, and interviews with staff and clients. Finding a reputable builder is essential. Review the stability of the company and the turnover rate of the people that work there to ensure the builder is established and reliable.
3.Make your new home construction purchase be on paper
Stay away from pen and paper! Wait for everything to be settled. This means that all the agreed negotiations have been confirmed and put into a written contract. A verbal contract is never a binding agreement and will put you in jeopardy if ever a legal action arises. From the onset, spell out immediately to the contractor how the project will be finished and the “what if’s†when it comes to the construction if it will not be completed on time. If you buy a home that is not yet completed, one thing you need to guarantee by the builder is a completion date, which should be specified in your purchase agreement documents.A veteran agent can help you find a home that meets your requirements, or they can connect you with a builder who can build just what you’re looking for.
In buying a new home construction, you need to control the situation from the get-go rather than respond to it after it has happened. Don’t be afraid to ask questions! Go through all the documents from page to page and test everything on prospective click here home.