What to Know About Buying New ConstructionHelpful tips when you will be purchasing a new home.
Buying a New House
Do you have a strong desire to buy new? If so, you are not alone. Both of my homes I have custom built myself. There is something to be said for being able to pick out the exact floor plan you would like to live in along with all the amenities you would like to have included.
When you buy a resale home, you're not afforded to customize the property to the exact way you would like it. In order for that to happen you would need to spend tens of thousands of dollars if not hundreds of thousands.
One of the chief reasons people choose to buy new construction is their ability to get exactly what they want out of the home. Purchasing a new home, however, does not come without downfalls. It is vital to know what you are doing before stepping into the new construction arena. You need to have a good handle on what you need out of the property and how to accomplish that goal.
Doing so starts with making sure you and the home builder see eye to eye. There are some builders who allow you to customize everything under the sun while others are more strict. You will want to know what the builder will do and what they won't. The first question will be whether or not they will build the home plans you desire?
Some builders are rigid when it comes to deviating away from the designs they have been constructing. If you are not going to be starting from scratch this won't be an issue.
Many builders offer "spec" homes within their subdivisions. They may even have model homes you can visit that will showcase their designs along with all the amenities and features you can add to them. If this is the case, the project will be far easier than with a complete custom build from the ground up.
When you look at their model, however, you need to get a clear handle on what is standard and what isn't. Quite often model homes are loaded with bells and whistles that do not come with the builder's standard home. You will want to look over the builders standard specifications thoroughly to see what will come with the house.
Buying new construction will be a lot different that purchasing a home from someone as a resale. In the article resource from Maximum Real Estate Exposure, you will see a comprehensive overview of everything you need to know before committing to a new construction purchase. The article is filled with valuable tips and advice so you don't make a bad mistake.
There are many people who regret purchasing new construction. Most of the time the regret centers around the builders poor performance whether it is communication issues or not delivering as promised. One of the biggest gripes among consumers is a builder's inability to close when they promised. Late deliveries can create extreme hardships for some buyers.
If you know you're going to commit to building a custom home or purchasing a spec home and want some assistance, please feel free to reach out. I would be happy to offer any assistance to make your project go smoothly.