Congratulations on your decision to buy a new construction home. As you move forward to find the perfect home for you and your family it’s important to begin with some careful planning and research.
This quick guide will assist you in getting started. In it, we’ll highlight everything from getting qualified to tips for finding the right home builder.
It’s important to get pre-qualified for a mortgage. This will set the guidelines on how much you can afford for your home purchase.
Once you have been pre-approved for a home loan, team up with a real estate agent.
Identify, list, and prioritize your needs and wants
It’s important to know what you’re looking for in a new construction home. Make a list of your must-haves and other home features that may be nice to have.
Partner with a real estate professional
A real estate professional will help you navigate the home buying process, from search to closing. A real estate agent will offer valuable insights into the local market as you search for a new construction home.
The agent will serve as a home advisor. After a consult, they’ll understand your desired needs and wants. They will help you develop a plan and guide you through the home buying process from home search to contract and closing on your home purchase.
Once you’ve found the perfect new construction home, getting a professional home inspection before closing the sale is important. This will help ensure no hidden issues with the property that may cost you down the road. During the home inspection, you’ll create a punch list of items that will need to be negotiated and addressed prior to closing.
Understand a home builder’s warranties
When you seeking to purchase a new construction home, carefully review and consider what is covered within a home warranty. Warranty items offer a specified duration on workmanship and materials. Inquire about what is covered within a home warranty prior to signing the purchase agreement.
In addition, many new construction communities include homeowner’s associations (HOAs). HOAs outline the residential guidelines and fees associated. For example, fees may include trash removal and or maintaining community amenities such as a clubhouse and pool. Inquiring about an HOA, what the fee is, and what it covers will help in your home purchase decision.
By following these tips, you’ll be well on your way to finding the perfect new construction home.
- Walkthrough the builder’s model home(s)
- Consider the floor plan that is well-designed to match your demands and lifestyle
- Carefully review the workmanship
- Understand what is within a builders home warranty
- Review the builder’s reputation and track record
We invite you to begin your home-buying journey with Robuck Homes.