What to Know About Buying New Construction Homes Are you thinking about buying new construction? The idea of buying a brand new house is appealing to many homebuyers. Going directly to the builder and being the first folks to live in a home offers advantages. However, buying a newly constructed home isn’t the same as buying from a homeowner. With a new construction home, there are some similarities to buying resale homes or even older homes. But there are also many differences that you need to consider before you buy a new build. There is a lot at stake when
One of the options available, when you start looking at homes, could potentially be new construction. In fact, you may have your heart set on buying a new home.
Buying new construction, however, is very different from purchasing a resale home. Maximum Real Estate Exposure has one of the most in-depth articles on what you need to know when buying new construction.
There are actually two types of new properties you can purchase with each bringing its own set of things to think about. The first is building a custom home from scratch and the second is buying a spec home.
Take a look at the resource and you will be giving tips and advice with both scenarios. In each case, you will want to ensure you spend the proper amount of time researching the builder.
It will be important to spend the time speaking with some of their past customers. Were they satisfied? Was the builder on time with their projected delivery date?
Getting stuck with the wrong builder can be a terrible situation to deal with.