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Top Tips When Purchasing a New Construction Home

7/31/2019

41 Comments

 
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So you don’t want to inherit used carpets? The idea of another person’s taste in appliances, paint colors and light fixtures not your thing? Some kid’s height chart etched into your closet doesn’t sound appealing? You must have made the decision to build your very own dream home. Before jumping in head first, check out these tips to protect you and ensure a smooth process:​
  • ​Hire your OWN real estate agent!
    • When you walk into one of those beautiful model homes the smiling face belonging to the agent at the desk works for the builder. As great as the intentions may be of that person, it is their fiduciary duty to act in the best interest of THEIR client, the builder. They are trained to use high pressure tactics to persuade you to sign contracts. 
    • Most of the time it will not cost you anything. The commission that is paid to your agent is built into the budget and will not change the price of the home whether you choose to use your own agent or not. So you gain a knowledgeable partner who is on YOUR side. 
  • Research Your Builder 
    • In this information age obtaining knowledge on any subject is fairly easy. Look for trends in reviews on credible sites, walk the neighborhood and talk to neighbors about their personal experiences and research the history of the builder. Are they expanding in homes built or have numbers been decreasing? 
  • Compare Mortgage Lenders
    • Make sure you are working with a mortgage lender who is EXPERIENCED in new construction. Someone who is informed and educated on the process will be able to answer questions faster and give you a more solid pre-approval resulting in fewer issues down the line. Companies often offer incentives for using their preferred lenders but always research and check rates with more than one.​
  • Don’t skip negotiations 
    • While most builders may not be able to do much in the way of purchase price there is always room for negotiations in a new construction contract. Often they will offer design credits, closing incentives, appliance packages and more. This is another reason having your own agent who is skilled and experienced in negotiations is very beneficial. 
  • Verify your options 
    • Those beautiful model homes that lure you into the neighborhood are often NOT what you will be receiving. Ask the representative to spell out what exactly is standard and included in the base pricing and roughly the cost of the upgrade if you wanted to receive what it is your seeing before signing a contract. 
    • Verify what you are able to select, change or upgrade. Depending on the stage of the home when contract is signed or builder standards there may be certain elements you are not able to change.
  • Warranties! 
    • One of the perks of purchasing a new build is the home warranty. Before signing the contract and locking in a lot ask to view the contract and be clear on what exactly will be included. 
  • Hire Your Own Inspector 
    • New homes have problems too. Building a home is a complex process with lots of room for error. The municipality that governs the land your purchasing will require permits and inspection before the sale can be completed but hiring your own qualified inspector is always money well spent.​
Have any other questions regarding the process of new construction? Let me know below!
Arielle White
​
Arielle White is a Real Estate agent at the Gluckin Group.
To contact Arielle, email her at awhite@fmrealty.com or visit her Facebook page: www.facebook.com/ArielleWhiteRealty/
41 Comments
Erika Brady link
10/16/2019 04:40:42 pm

Thanks for the advice to research builders. It would probably be a good idea to research online. While online you could read reviews and check out the builder's website to figure out if they can create the type of new construction home that fits what you're looking for.

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Bob link
8/3/2020 05:34:42 pm

Great tip about getting a mortgage lender who is experienced in construction. My son wants to build me a new house and wants a contractor. I'll have to consider getting a contractor that has at least two subcontractors.

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Bob link
12/17/2020 08:31:45 pm

I like your construction tips. I need a townhouse built. I'll have to hire a local contractor.

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Tez link
2/1/2021 06:57:07 pm

You make a great about getting an inspector to check the construction before moving in. I need to get a crew that can remodel my kitchen. I'll have to find someone who can complete the project in 3 months.

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Kristofer Van Wagner link
2/5/2021 01:00:53 pm

My wife and I are looking to build our dream home, however, we have been indecisive on who to hire to help build our new home. I appreciate that this post pointed out that when deciding on a home builder, it is advisable for us to do our research thoroughly to determine the best contractor for us. I think I will start by going online to read the testimonials before making calls.

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Adam Golightly link
2/8/2021 03:22:24 pm

My cousin has been thinking about buying a new home because she wants to have more space to build her family. She would really like to get some help from a professional to make sure that they can find one in the right place. It was interesting to learn about how the budget of the home can include the commission for the agent, and it won't change the price of the home.

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certified builders Auckland link
2/23/2021 02:20:47 am

I was looking for this information relating to top-tips when purchasing a new construction home. You have really eased my work by posting this article, loved your writing skill as well. Please keep sharing more, would love to read more from you!

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New Builds Christchurch link
3/1/2021 05:03:43 am

Hey thanks for posting this useful content on top tips when purchasing a new construction home presented here, I really hope it will be helpful to many. I hope you keep update us with such great tips and information in future too. This is a great post; I will share as much as I can. Appreciative content!! I found this https://www.canterbury-builders.co.nz/ Having loads of data, if possible do have a look

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Building waikato link
3/4/2021 08:34:29 pm

Really happy that I get to find your blog on the top tips while purchasing a new construction home. These are must read for all. This article is a good one to look at. You will get best review over here and would suggest others too. Great blog indeed, will visit again future to read more!! One must check this https://www.lehmannbuilding.co.nz/ it gives us more info on this topic.

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Renovation Builder Whangarei link
3/9/2021 02:21:47 am

From this article you will get to know about the top tips for purchasing a new construction. I would suggest the people to go through this blog. I like how you have researched and presented these exact points so clearly. This is a brilliant post, thank you for sharing these great tips.When you look for same type of great content, like here then check out this Breckonbuilders.co.nz also.

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kate hansen link
3/18/2021 12:59:09 pm

I like how you said to look into the history of the builder. My husband and I are wanting to look into getting a custom home built for us in a couple of weeks, and we want to make sure that we do everything right. We'll make sure to keep these tips in mind as we search for a home lot to get our custom home built on.

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Access Doors and Panels link
3/19/2021 05:17:06 am

The simplicity of your presentation is highly-motivating for learning. Please keep it up for your teeming followers.

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Best Access Doors link
3/23/2021 07:32:47 am

The facts that have been discussed here are really important. Thank you so much for sharing a great post.


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Braden Bills link
4/2/2021 05:59:16 am

My wife and I want to get a new home, but we're not sure how to choose one. It makes sense that I would want to figure out what kind of mortgage loan I can get. That way, I can know what I can afford when looking for a new home.

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Chris Pederson link
4/7/2021 12:53:10 pm

Thanks for the tip to look for trends in reviews and to talk to potential neighbors. That way you can find a credible builder. Without one, your house won't turn into your dream home.

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ACS Cleaning link
7/1/2021 12:45:19 am

Excellent writing! We can take away a lot of important information from this article. Keep sharing great posts.

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Braden Bills link
7/15/2021 06:17:38 am

My wife and I want to get a home that has everything we want it to. It makes sense that getting one that's newly built would be beneficial. That seems like a good way to be able to make some changes so that it has everything we want it to.

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Hailey Miller link
8/10/2021 07:59:50 pm

Thanks for pointing out that we should research if our builder has experience and knowledge in building a house. This is really helpful since my husband and I are planning to build a two-story house for our growing family. I guess we should look for a professional new home construction contractor on Monday who can help us build our dream house with a jacuzzi within six months.

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Chance Cook link
9/13/2021 07:55:13 am

I'll be sure to ask a representative what the standard is and what is included. I don't want to get hustled into something. So I'll take my time and make sure it is perfect.

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Mia Evans link
10/16/2021 12:57:52 am

Thanks for pointing out that we must research regarding the builder. As you said, we can do that by looking for trends in reviews about them and looking at credible sites. I will follow your advice now that I am planning to buy a new construction home building for myself to finally stop renting and have my own place after three years of saving up.

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Tex Hooper link
12/21/2021 12:57:59 pm

I like what you said about going into negotiations with the agent on hand. I want to buy some land so I can build a house. I'll have to talk to the agent of the land sale.

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Olivia Smart link
1/20/2022 10:40:58 am

Thank you for explaining that it can be a good idea to research your builder when you're buying a new home. My husband and I are thinking about buying a new home and have been wondering what we should be looking for. We'll be sure to keep this in mind since it seems like it could help us to understand their quality of work.

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John Carston link
1/26/2022 07:25:56 pm

I appreciate that you explained the importance of researching your service provider to gather more information. I have a cousin who is planning to have his own custom home and asked if I have any idea what is the best option to do when designing his home layout from scratch. Thanks for helping me understand that consulting a trusted custom home building company can answer all his inquiries and figure out what is the best layout for his home.

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Olivia Smart link
4/26/2022 12:48:50 pm

Thank you for explaining that you should research your builder when you want to build your custom home. I've been wondering how I should start out trying to get our house built. I'll be sure to start reaching out to builders soon.

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Max Jones link
4/29/2022 12:37:43 pm

Thanks for the info about new homes. I want to build a home. I'll look for a contractor who can help me build a custom home.

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Millie Hue link
5/3/2022 08:17:24 pm

It got me when you said that having an agent when looking for new house constructions for sale would ensure that we have a trained eye checking the contracts for us. I will share this tip with my husband so that we can actually hire one this year. We have been saving up for this purchase for the past three years, so we should be sure with the property we are getting from various aspects of its processes.

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Commercial Roofing Contractors link
5/10/2022 02:03:11 pm

The commission that is paid to your agent is built into the budget and will not change the price of the home whether you choose to use your own agent or not.

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Best Mortgage Brokers Sydney link
6/5/2022 06:51:16 pm

Thank you for sharing your blog. Keep on posting.

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Olivia Smart link
6/8/2022 07:32:44 am

Thank you for explaining that you should research the builder by looking at reviews, walking the neighborhood and asking them about their experiences. I've been wondering how to find a good builder to help with building our dream home. I'll have to try this out and see where it takes me.

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accountants sydney link
6/9/2022 06:42:29 am

Your blog will be a great help, your tips and ideas are useful. Thanks for helping me understand that consulting a trusted custom home building company can answer all his inquiries and figure out what is the best layout for his home.

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Scarlett Ross link
7/12/2022 07:24:53 am

Glad I've found this blog. It's my first time to purchase new constructed home and I'm trying to search some tips. Thanks for sharing this useful article!

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Construction Lethbridge link
8/22/2022 06:14:24 am

One of the benefits of new construction homes is choosing your own upgrades and features. However, when selecting which features you want to include, consider how they will affect the future value of your new home.

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Victoria Addington link
9/29/2022 11:42:41 pm

It's great that you explained that we should check the reviews on credible sites when hiring a builder. My friend wants to build her dream home. I should advise her to hire a contractor with years of experience in custom homes construction.

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Iris Smith link
10/6/2022 07:46:11 pm

I appreciate you pointing out that there is always potential for negotiation in a new construction contract, even though the majority of builders might not be able to do much in the way of the purchasing price. My spouse decided to hire custom home contractors for our new home. I'll send him this article so he may take all of your advice into account.

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Nagendra link
10/11/2022 07:56:56 pm

Thank you for useful information. Your article covers all the important essential questions, which sound excellent and informative.

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Olivia Smart link
11/15/2022 03:32:21 pm

We're looking to build a home or buy a completely new home. I appreciate your advice to research the builder. We'll be sure to try this out to see if we can find someone that we'll work well with.

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Thomas Clarence link
12/20/2022 12:58:56 pm

I thought you made a good point when you mentioned that one of the benefits of purchasing a new build is the warranty that comes with it. When you are thinking of purchasing a new build, it seems like it would be important to make sure that you consult with someone that represents the company. Consulting with a representative seems like a good way to make sure that you get a home that comers with all of the warranties you want.

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Olivia Smart link
12/22/2022 11:31:20 am

Thank you for pointing out that it's a good idea to research the history of your builder and any of their existing builds. I've been wondering how we should go about finding the best builder to make our dream home. I'll have to share this with my husband so we can both do some research into this.

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Tex Hooper link
12/28/2022 04:21:23 pm

I appreciate what you said about making sure you view the contract in its entirety. My wife and I are thinking about buying a newly constructed home in the next city over. I'll have to make sure it is properly inspected.

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Daniel Arceo link
3/9/2023 04:37:41 am

First, you will want to make sure that the lender has experience with the type of home you are interested in. There are many different types of new homes, so you will want to make sure that the lender you choose has experience with the type of home you are interested in.

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https://columbusgaconcreteservice.com/ link
3/9/2023 08:29:08 pm

This blog site has got lots of really helpful information on it! Cheers for informing me!

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