When it comes to buying a new construction home, you need to be just as vigilant in the home buying process as you are when you purchase an older, already constructed house. Buying a new construction home is a big purchase that you need to take your time with.
Understand What You Are Getting
With a new construction home, often a builder will have a model home they will show you. When you look at the model home, be sure to ask the builder for a list of all the items that are upgraded in the house and the standard features that will come in the home you are buying. Often, some people assume that the model home is exactly what their home will look like, which is not true. Typically, the model home contains upgrades that don't come with the base price of the house. As such, if the home you want to purchase is still being built and you're only looking at a model home as a reference, it is important to fully understand what you will and will not be getting with your home purchase.
Get a Home Inspection
When you purchase a new home, it is important to get a home inspection. Building mistakes and errors can happen, even with new homes. A home inspector may be able to notice things that the builder forgets to properly take care of or things that were not constructed correctly that may cause problems down the road. A home inspection will allow you to get those issues fixed before you finalize the home's purchase.
Get a New Construction Home Warranty
Next, when you purchase a new home, you will want a new construction home warranty. Often, builders will offer you a new construction home warranty via a third party. This is a great way to provide you with additional peace of mind about any maintenance issues that could arise with the home.
Consider the Neighborhood Future
Generally, new construction homes are built in a neighborhood with other new homes. The neighborhood may not be fully established yet. As such, it is up to you to consider the future of the neighborhood. How many more years will construction be taking place? What will the neighborhood be like when the building is finished? Think about what you want from your neighborhood and if this area can offer you what you need.
When it comes to building a new construction home, you need to understand what you are getting with the home. It is important to get a home inspection, even on a newly built home, so don't skip this important step. See if you can secure a new construction home warranty and consider the future of the neighborhood. Contact an agent for more information regarding new homes.